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8 days on Market

197 Royal York Rd, Toronto, Ontario M8V 2V5

Townhouse
5
6
- sqft
$1,989,000
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Townhouse
5
6
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$8,542/mo

Tax Amount (2024)$6,230/yr

Days On Market8 days


Description

Turn-Key Investment Opportunity In South Etobicoke. Located in desirable Mimico Village, steps to Toronto Waterfront, Mimico GO, San Remo's, Shopping, Parks & Schools. The building features many updates including common elements, upgraded kitchens & baths 5 hydro meters and 6 self-contained units with AAA tenants. This efficient investment offers low operational costs and minimal management. A fantastic investment for both seasoned and new investors alike.


Property Details

Style2-Storey
View-
Age of property-
SqFt-
Lot Size7,270 SqFt(145.21 x 50.07)
Parking Spaces6
MLS ®NumberW12041116
Community NameMimico
Data SourceTRREB
Listing byROYAL LEPAGE REAL ESTATE SERVICES LTD.

Features

Heating: Water
Basement: Finished, Sep Entrance

Main Floor

Living

4.389 x 4.054

Kitchen

2.743 x 3.2

Br

2.56 x 3.993

Living

4.145 x 4.023


Features

Lot size: 7,270 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 6


Property listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD., Brokerage

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Market Data - Mimico

Geo Zone Map ThumbnailMimico

Buyer's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

17 days

Compared to

2024

18 days

2023

8 days

2022

20 days

New Listings

Past 30 days

11 listings

Compared to

2024

5 listings

2023

6 listings

2022

5 listings

Units sold

Past 30 days

3 units

Compared to

2024

5 units

2023

4 units

2022

4 units

Median Sold Price

Past 30 days

$1,610,000

Compared to

2024

$1,330,000

2023

$1,222,500

2022

$1,643,500


Population and Demographics

Overview

Total population 25277
Average household income $124,271

Age (%)

35 to 49
23%
20 to 34
23%
50 to 64
20%
0 to 19
18%
65 and plus
16%

Household composition (%)

Single family
51%
Single person
41%
Multi person
7%
Multi family
0%

Mother tongue (%)

English
71%
Polish
5%
Spanish
4%
Tibetan
3%
Tagalog (Pilipino, Filipino)
3%
Others
2%
Portuguese
2%
Russian
2%
Ukrainian
2%
French
1%

House tenancy (%)

Renters
58%
Owners
42%

Schools and amenities

Estimated Budget