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$1,419,000Asking Price

50 George St

Mimico, Toronto

Detached
5
Bedrooms
3
Baths
3
Parking
Days on Market

Exceptional Investment Opportunity In Highly Sought-After Mimico! This Well Maintained, Detached Brick, Two Storey House Features 3 Self-Contained Units; 2 Above Grade Units & 1 Unit In Basement. Both Upper & Main Floor Units Consist Of 2 Spacious Bedrooms, Full Kitchen, Living Room& 4-Pc Bathroom. Upper Unit Has An In-Suite Washer & Dryer. Dishwashers In Both Upper Floor &Main Floor Units. Basement Unit Features A Walk-Up, Kitchen, Living Room & 4-Pc Bathroom. Coin-Operated Laundry For Basement & Main Floor Tenant Use. Hydro Separately Metered, Rear Detached Garage Has 3 Parking Spots & Locked Storage. Many Upgrades- Full Rewiring Of Electrical System, 3New Panels & Meters (2022), High Efficiency Boiler (2020). All 3 Units Currently Leased. Steps from Mimico Memorial Park, Mimico Tennis Club (Red Clay Courts), Minutes To TTC & QEW.

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Exceptional Investment Opportunity In Highly Sought-After Mimico! This Well Maintained, Detached Brick, Two Storey House Features 3 Self-Contained Units; 2 Above Grade Units & 1 Unit In Basement. Both Upper & Main Floor Units Consist Of 2 Spacious Bedrooms, Full Kitchen, Living Room& 4-Pc Bathroom. Upper Unit Has An In-Suite Washer & Dryer. Dishwashers In Both Upper Floor &Main Floor Units. Basement Unit Features A Walk-Up, Kitchen, Living Room & 4-Pc Bathroom. Coin-Operated Laundry For Basement & Main Floor Tenant Use. Hydro Separately Metered, Rear Detached Garage Has 3 Parking Spots & Locked Storage. Many Upgrades- Full Rewiring Of Electrical System, 3New Panels & Meters (2022), High Efficiency Boiler (2020). All 3 Units Currently Leased. Steps from Mimico Memorial Park, Mimico Tennis Club (Red Clay Courts), Minutes To TTC & QEW.

Key Info

  • 2-Storey Detached
  • 0-Car Right-of-Way Driveway
  • 3-Car Detached Garage
  • Royal York And Lakeshore
  • 1500-2000 Approximate Sq Feet
  • Basement: Apartment, Finished
  • 3 Kitchens
  • Water Gas Heating
  • No A/C

Property

  • Lot Size 33.33 x 145 Feet
  • Brick Exterior
  • No Waterfront Access
  • Taxes were $5,263 in 2023
  • Possession: Immediate(TBD)

Details

  • No Fireplace
  • No Family Room
  • Lower Laundry
  • Sewers
  • Municipal Water
  •  
  • MLS #W8303078
  • CENTURY 21 ATRIA REALTY INC.

Extras

  • Energy Star Double Glazed Windows, Video CameraSurveillance System (3 Cameras, PVR, Google Nest Door Camera (2022),Drain Water Heat Recovery,Solar Thermal Panels (Roof), New Front Door in Near Future/Waiting For Installation.
Room Floor Dimensions Details
1 Living Room Upper 20.83' x 12.14' Combined W/Dining, Hardwood Floor, Picture Window
2 Dining Room Upper 20.83' x 12.14'
3 Primary Bedroom Upper 12.99' x 8.27' Hardwood Floor, Hardwood Floor
4 2nd Bedroom Upper 11.81' x 11.15' Hardwood Floor
5 Kitchen Upper 8.27' x 12.99' Ceramic Floor, Eat-In Kitchen
6 Living Room Main 14.40' x 13.91' Hardwood Floor, Picture Window
7 Primary Bedroom Main 12.07' x 11.48' Hardwood Floor, Closet
8 2nd Bedroom Main 12.07' x 9.91' Hardwood Floor
9 Kitchen Main 12.89' x 8.23' Ceramic Floor, Eat-In Kitchen, Walkout To Yard
10 Living Room Basement 13.75' x 11.32' Hardwood Floor
11 Bedroom Basement 10.66' x 9.74' Hardwood Floor
12 Kitchen Basement 12.89' x 8.23'
Washroom1 4-Piece Bathroom on Upper
Washroom1 4-Piece Bathroom on Main Floor
Washroom1 4-Piece Bathroom in Basement

Who lives here?

Mimico, Toronto is a west Toronto neighbourhood notable for its singles, renters, executives, salespeople and tradespeople. Residents tend to be older with a significant number of adults aged 25 to 44, 25 to 44, 25 to 44 and 25 to 44 and seniors aged 65 to 69.

Families

Kids Per Family

0.9

kids per family
in the neighbourhood.

Toronto  (1.2)
Gta  ({{ '1.29999995231628' | number: 1 }})

Singles

51% of residents are
single and loving it.

51% singles

Toronto (50%)
Gta ({{ '44.8800010681152' | number: 0 }}%)

Renters

55% of residents
are renters.

55% renters

Toronto (47%)
Gta ({{ '33.0200004577637' | number: 0 }}%)

Education

45% of residents are
university grads.

45% university grads

Toronto (48%)
Gta ({{ '43.6699981689453' | number: 0 }}%)

Income

Average Household Income

$109K

is the average household
income in the neighbourhood.

Toronto  ($132K)
Gta  ({{ '135056.828125' | minifiedCurrency }})

Professions

Professions

Sales 16%
Business 11%
Management 10%
Government 8%
Trades 8%

Immigrants

41% of residents were
born outside of Canada.

41% immigrants

Toronto (48%)
Gta ({{ '45.4300003051758' | number: 0 }}%)

Birthplace - All

India was once home to 4.2% of immigrants.
Poland 3.7%
Philippines 3.4%
Ukraine 2.8%
Caribbean 2.1%

4.2% from India
All-time

Birthplace - Recent

India was once home to 1.2% of immigrants.
Philippines 0.6%
Ukraine 0.4%
China 0.3%
Poland 0.3%

1.2% from India
Recent

Foreign Languages

Foreign Languages

Polish 4%
Spanish 3%
Ukrainian 3%
Portuguese 2%
Russian 2%

Religions

Religions

Christian 68%
Muslim 4%
Hindu 2%
Buddhist 2%
Jewish 1%

Social Housing

Social Housing Buildings

3

Social housing buildings
in the neighbourhood.

Gta Avg (5.19)

Shelters

Shelters

1

Homeless shelters in
the neighbourhood.

Gta Avg (0.54)