28 Algoma Street
Etobicoke (Mimico), ON M8Y 1C3
- 4+2Bedrooms
- 4Bathrooms
- 6Parking
- —Sq Ft
- $5,629Tax
- 50×126 ftLot Size
Free EstimateSee Free Estimate Report
This home has sold. It is no longer available.
Property not available for sale or for rent.
Sale & Price History for 28 Algoma Street, Etobicoke, Mimico
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 2025-03-08 | 2025-03-25 | Login to See Prices | Sold | w12008823 |
Real estate boards require you to or to see the full details of this property.
*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.
About 28 Algoma Street, Etobicoke, Mimico
Newly renovated brick quadplex in Etobicoke. Turnkey Investment opportunity or residential home in the heart of Mimico. A rare find, this low-maintenance brick building offers 4 beautifully updated units, two 2-bedroom units and two 1-bedroom basement apartments. Each unit provides privacy and comfort for tenants including a spacious backyard with greenery and 6 car surface parking. Ideally located close to Mimico GO Train offering a quick and direct commute to downtown Toronto. Enjoy the convenience of nearby shops, restaurants, parks, and the waterfront of Lake Ontario. Recent updates include kitchens, bathrooms, floors, lighting, HVAC and more. Coin-operated laundry income. Sitting on a large lot, this property has potential for expansion offering fantastic opportunity. Whether you're an investor looking for good cash flow or a buyer seeking a multi-unit home with rental income, this four-plex is a must-see. Don't miss out on this prime opportunity! Estimated property cap rate: 4.87%. This property presents a strong investment opportunity with consistent income, reasonable expenses, and potential for growth.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $5,629
- Land Transfer Tax Fee
- $87,894
Rental Items
- Rental Equipment
- n/a
- Basement Type
- Finished with Walk-Out, Full
Interior Features
- Interior Extras
- None
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Pool
- None
Building
- Building Type
- Multiplex
- Building Style
- 2-Storey
- Approx Age
- 31-50
Construction
- Exterior Finish
- Brick
- Roof
- Asphalt Shingle
- Foundation Details
- Poured Concrete
- Special Designation
- Unknown
Lot
- Lot Front
- 50.00 ft
- Lot Depth
- 125.50 ft
- Lot Size
- 50.00 x 125.50 Feet
- Lot Size Code
- 50.00 x 125.50 Feet
Inclusions
- Inclusions
- All existing appliances and fixtures.
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 6
- Parking Spaces
- 6
- Total Garage And Parking Spaces
- 6
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 4 + 2
- Washrooms
- 4
- Kitchens
- 4
Washrooms
- 5-piece
- 4-piece
- Area
- Toronto W06
- Municipality
- Etobicoke
- Neighbourhood
- Mimico
- Main cross streets
- Royal York & Algoma St
- Zoning
- Residential - Multi
- Directions
- Royal York, Algoma St
- MLS® number
- W12008823
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2025-03-25
- Listed on
- 2025-03-08
- Days on market
- 17 days
- Possession type
- Immediate
- Co-op commission
- 2.5%
- Seller
- Listed by
- RE/MAX REALTY ENTERPRISES INC.
Home Market Value
Current home valuation for 28 Algoma Street, Etobicoke, Mimico, Etobicoke, ON. Listed for $2,298,888
HOMEH Estimate
—
Estimated Sales Range
—
HOMEH Estimate for 28 Algoma Street, Etobicoke, Mimico
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
For the owner
Is this your home? Track its value.
Get this home's HOMEH Estimate by email once a month, with how many homes are for sale around you.
Mortgage Payment Calculator
Compare up to 4 down payment scenarios
20% required for homes $1.5M or more
$459,778
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $0 | $0 | $0 | $0 |
=Total mortgage | $1,839,110 | $1,724,166 | $1,609,222 | $1,494,277 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $8,979monthly | $8,418monthly | $7,857monthly | $7,296monthly |
Land Transfer Tax
$43,947
$43,947
$87,894
Around this home
Data provided by OpenStreetMap & Fraser Institute School Rankings
Ask HOMEH
New!Hi there!
👋Text or call (416) 301-9001
Recommended for you
Based on homes you've looked at.
No recommended properties found.
Nearby similar homes
No nearby properties found.
More real estate resources
Other homes nearby
Explore this area
Nearby neighbourhoods
No nearby listings available.