<-- style PDP --> 156 Royal York Road, Toronto - Semi-Detached for sale for $1,049,000
  • for sale

156 Royal York Road

Toronto, Ontario, M8V 2V3 - Mimico

$1,049,000

  • Neighbourhood

    Mimico

  • Major Intersection

    Royal York and Lakeshore

  • Listed Since: 65 day(s)

  • Last update: today

Overview

  • Property Type

    Semi-Detached, 2-Storey

  • Bedrooms

    3

  • Bathrooms

    3

  • Basement

    Apartment

  • Kitchen

    2 + 1

  • Total Parking

    3 (1 Attached Garage)

  • Lot Size

    28x117 (Feet)

  • Taxes

    $3,956.00 (2024)

  • Type

    Freehold

Property Description

Property description for 156 Royal York Road, Toronto

Wonderful investment opportunity. Currently set up as three completely renovated apartments. Great house extensively renovated in 2012-13. Perfect turn key investment with all three apartments currently rented on a month to month basis. Cap Rate of 4.37%!! Located in the heart of Mimico, steps to transit and the GO line. Just a short stroll to the lake and Mimico village. Great for first time home buyers with a double income to help pay the mortgage. Large private backyard, and parking for up to three cars. Don't wait, take advantage of the current buyer's market. This property is priced to sell. Rents are as follows. Basement $1350, Main floor $1750, Second Floor $1900. Total monthly income of $5000. Gross yearly income is $60,000. Operating expenses for 2024 $12,000. Net income $48,000.

Listed by REAL ESTATE HOMEWARD

  • MLS #

    W12406957

  • Sq. Ft

    1100-1500

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    n/a

  • Year Built

    Available Upon Request

  • Pool

    None

  • Drive

    Private

  • Garage

    Attached, 1 spaces

  • Total Parking

    3

  • Family Room

    N

  • Den

    N

  • Exterior

    Brick

  • Fireplace

    N

  • Roof

    Asphalt Shingle

  • Foundation

    Block

  • Elevator

    n/a

  • Water View

    n/a

  • Laundry Level

    Lower

  • Heat

    Forced Air

  • A/C

    None

  • Water

    Municipal

  • Water Supply

    n/a

  • Sewers

    Sewers

  • Central Vac

    N

  • Kitchen

    3.81 x 2.86 ft Ground level

    hardwood floor, Open Concept, Modern Kitchen

  • Living

    3.03 x 3.49 ft Ground level

    Combined W/Dining, Combined W/Kitchen, hardwood floor

  • Dining

    3.03 x 3.49 ft Ground level

    Combined W/Kitchen, Combined W/Living, hardwood floor

  • Br

    2.56 x 3.27 ft Ground level

    hardwood floor, Pot Lights, Large Window

  • 2nd Br

    2.59 x 3.65 ft Ground level

    O/Looks Backyard, W/O To Deck, Picture Window

  • Kitchen

    3.93 x 2.25 ft 2nd level

    hardwood floor, Open Concept, Modern Kitchen

  • Living

    4.68 x 2.87 ft 2nd level

    Combined W/Dining, hardwood floor, Large Window

  • Dining

    4.68 x 2.87 ft 2nd level

    Combined W/Living, hardwood floor, Large Window

  • Br

    3.02 x 4.67 ft 2nd level

    hardwood floor, Closet, Window

  • Office

    2.54 x 2.03 ft 2nd level

    Laminate, O/Looks Backyard, Picture Window

  • Kitchen

    2.73 x 3.06 ft Bsmt level

    Vinyl Floor, Combined W/Living, Modern Kitchen

  • Living

    4.81 x 4.86 ft Bsmt level

    Vinyl Floor, Combined W/Kitchen, Combined W/Br

  • Br

    4.81 x 4.86 ft Bsmt level

    Vinyl Floor, Combined W/Kitchen, Combined W/Living

  • MLS #

    W12406957

  • Sq. Ft

    1100-1500

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    n/a

  • Year Built

    Available Upon Request

  • Pool

    None

  • Drive

    Private

  • Garage

    Attached, 1 spaces

  • Total Parking

    3

  • Family Room

    N

  • Den

    N

  • Exterior

    Brick

  • Fireplace

    N

  • Roof

    Asphalt Shingle

  • Foundation

    Block

  • Elevator

    n/a

  • Water View

    n/a

  • Laundry Level

    Lower

  • Heat

    Forced Air

  • A/C

    None

  • Water

    Municipal

  • Water Supply

    n/a

  • Sewers

    Sewers

  • Central Vac

    N

  • Kitchen

    3.81 x 2.86 ft Ground level

    hardwood floor, Open Concept, Modern Kitchen

  • Living

    3.03 x 3.49 ft Ground level

    Combined W/Dining, Combined W/Kitchen, hardwood floor

  • Dining

    3.03 x 3.49 ft Ground level

    Combined W/Kitchen, Combined W/Living, hardwood floor

  • Br

    2.56 x 3.27 ft Ground level

    hardwood floor, Pot Lights, Large Window

  • 2nd Br

    2.59 x 3.65 ft Ground level

    O/Looks Backyard, W/O To Deck, Picture Window

  • Kitchen

    3.93 x 2.25 ft 2nd level

    hardwood floor, Open Concept, Modern Kitchen

  • Living

    4.68 x 2.87 ft 2nd level

    Combined W/Dining, hardwood floor, Large Window

  • Dining

    4.68 x 2.87 ft 2nd level

    Combined W/Living, hardwood floor, Large Window

  • Br

    3.02 x 4.67 ft 2nd level

    hardwood floor, Closet, Window

  • Office

    2.54 x 2.03 ft 2nd level

    Laminate, O/Looks Backyard, Picture Window

  • Kitchen

    2.73 x 3.06 ft Bsmt level

    Vinyl Floor, Combined W/Living, Modern Kitchen

  • Living

    4.81 x 4.86 ft Bsmt level

    Vinyl Floor, Combined W/Kitchen, Combined W/Br

  • Br

    4.81 x 4.86 ft Bsmt level

    Vinyl Floor, Combined W/Kitchen, Combined W/Living

Thinking of Selling?

Find Out Your Home’s Value in Today’s Market!

No Email or Signup is required to view your home estimate.

estimate your home value

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Manoj profile avatar

Property History

Property history for 156 Royal York Road, Toronto

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Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Down Payment(%)*

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.

Thinking of Selling?

Find Out Your Home’s Value in Today’s Market!

No Email or Signup is required to view your home estimate.

estimate your home value

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100

Manoj profile avatar

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