+ 24 photosFor Sale · Triplex
148 Portland Street, Toronto, ON M8Y 1B2
Toronto W06 · Mimico
4 + 2
Beds
3
Baths
5
Parking
1500-2000
Sq ft
—
Built
The honest picture
Listed 119% above the Mimico benchmark for all homes homes (TRREB HPI, June 2026). Estimate for guidance only — not an appraisal.
About this home
Incredible opportunity to buy a fantastic income producing property. This newly renovated property is perfect for the savvy investor. 3 2 bedroom apartments all with their own temperature control. 3 furnaces and 3 AC units. Gorgeous modern finishes. 5 parking spots in the rear and coin laundry. Tenants pay their own gas and hydro which is all separated. Wonderful location close to highways, TTC and Go station. Next to San Remo bakery, coffee shops and eateries. A great investment with a great cap rate and NOI.
Property details
Listed on
June 14, 2026
Days on market
40 days
Property tax
$5,512.37 (2025)
Lot
28 × 126 Feet
Style
2-Storey
Heating
Forced Air
Cooling
Central Air
MLS®
W13442880
Full details
Parking
GarageNone
Total parking5
Parking featuresMutual
Room dimensions
| Room | Level | Dimensions | Features |
|---|---|---|---|
| Living Room | Main | 4.57 × 3.66 | — |
| Kitchen | Main | 3.02 × 2.97 | — |
| Primary Bedroom | Main | 3.23 × 3.1 | — |
| Bedroom 2 | Main | 3.38 × 2.39 | — |
| Laundry | Main | 3.58 × 2.49 | — |
| Living Room | Second | 4.8 × 3.86 | — |
| Kitchen | Second | 5.56 × 2.64 | — |
| Primary Bedroom | Second | 4.32 × 3.1 | — |
| Bedroom 2 | Second | 3.1 × 2.64 | — |
| Living Room | Third | 4.8 × 3.86 | — |
| Kitchen | Third | 5.56 × 2.64 | — |
| Primary Bedroom | Third | 4.32 × 3.1 | — |
| Bedroom 2 | Third | 3.1 × 2.64 | — |
Property & sold history
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True cost to close
What you actually need in cash — land transfer tax, closing costs, and your down payment.
Purchase price
$
Down payment · 20.0%
$
Down:or type any amount above
Homes over $1.5M require a minimum 20% down payment.
Legal fees
$
Title insurance
$
Home inspection
$
Ontario land transfer tax$28,235
Toronto municipal LTT$28,235
Legal · title · inspection$2,800
Closing costs$59,270
Down payment$317,600
Total cash to close$376,870
Estimates only, not legal or tax advice. Ontario LTT rates 2025; City of Toronto MLTT applies inside Toronto (incl. Scarborough, North York, Etobicoke, York, East York). Durham and Markham buyers pay no municipal LTT.
