Home with brick exterior material, unknown for 391 Royal York Rd, Toronto Ontario M8Y 2R4
8 days on Market

391 Royal York Rd, Toronto, Ontario M8Y 2R4

Townhouse
6
3
~2500-3000 sqft
$2,025,000
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Townhouse
6
3
~2500-3000 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$743/sqft

Est. Mortgage$8,697/mo

Tax Amount (2024)$5,822/yr

Days On Market8 days


Description

The Offering represents an opportunity for a multi-generational family or investors to acquire turn key, 100% tenanted property which has undergone extensive renovations in 2021.This Triplex provides a GFA of ~3,000 square feet and is nestled on a 31.71 ft x 99.75 ft lot. The units comprise of 2 - Two Bedroom + 1 Full bathroom; 1 - Two Bedroom + Den + 1 Full Bathroom. Each unit is fully self contained and has its own parking space. The property is located in a vibrant community - district of Mimico is a Toronto neighborhood packed with character and community. Being an older residential area, remnants of the past sprinkle the neighborhood, which has developed its own local charm. With nearby neighborhoods of New Toronto, Stone gate Queensway and Long Brach. It is bordered by major arterial routes including the Gardiner Expressway, QEW, HWY #427 and Lake Ontario to the south. The property is walking distance to some highly ranked schools, parks, restaurants, shops, and has easy access to the GO Train, subway and TTC


Property Details

Style3-Storey
View-
Age of property51-99
SqFt~2500-3000 SqFt
Lot Size3,163 SqFt(99.75 x 31.71)
Parking Spaces3
MLS ®NumberW11903828
Community NameMimico
Data SourceTRREB
Listing byRE/MAX PREMIER INC.

Features

Heating: Other
Cooling: Central Air
Basement: Apartment

Features

Lot size: 3,163 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 3


Property History

Jan 2, 2025
ListedActive
$2,025,000
8 days on market
history photo preview17
Listing by trreb®
Property listed by RE/MAX PREMIER INC., Brokerage

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Market Data - Mimico

Geo Zone Map ThumbnailMimico

Seller's Market

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

38 days

Compared to

2024

15 days

2023

19 days

2022

32 days

New Listings

Past 30 days

8 listings

Compared to

2024

2 listings

2023

5 listings

2022

2 listings

Units sold

Past 30 days

3 units

Compared to

2024

2 units

2023

3 units

2022

4 units

Median Sold Price

Past 30 days

$1,710,000

Compared to

2024

$872,500

2023

$878,000

2022

$1,307,500


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