Home with brick exterior material, street for 555 Royal York Rd, Toronto Ontario M8Y 2S7
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5 hours on Market

555 Royal York Rd, Toronto, Ontario M8Y 2S7

Townhouse
4 + 2
3
~1500-2000 sqft
$1,799,988
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Townhouse
4 + 2
3
~1500-2000 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$1,049/sqft

Est. Mortgage$7,730/mo

Tax Amount (2024)$5,443/yr

Days On Market5 hours


Description

Incredible Investment Opportunity in Prime Toronto Location! Welcome to 555 Royal York Rd, ararely offered legal triplex situated on a massive 50 ft frontage lot with 6 legal parking spacesa true gem for investors or end-users alike. This solid, well-maintained property features three fully self-contained units, each boasting 2 generously sized bedrooms and 1 full bathroom, offering excellent functionality and appeal. Each unit is separately metered, with 4 hydro meters in total, and tenants pay their own hydro a major plus for maximizing cash flow.The basement unit is bright and inviting with above-grade windows, creating a warm, main-floor feel that tenants love. The main floor unit is owner-occupied and will be delivered vacant on closing, making it ideal for those looking to move in and offset their mortgage with rental income from the other two units. This is an amazing turnkey opportunity with A+ tenants already in place, providing immediate income and peace of mind. Whether you're an investor looking to expand your portfolio or a homeowner searching for a multi-family property with excellent upside potential, this triplex checks all the boxes. Located in a vibrant, transit-accessible area, you're close to schools, shopping, parks, and major highways making this an attractive spot for quality tenants and long-term appreciation. Don't miss out on this rare offering in a high-demand location!


Property Details

Style2-Storey
View-
Age of property-
SqFt~1500-2000 SqFt
Lot Size5,075 SqFt(101.51 x 50)
Parking Spaces6
MLS ®NumberW12083413
Community NameThe Queensway
Data SourceTRREB
Listing bySUTTON GROUP-ADMIRAL REALTY INC.

Features

Heating: Forced Air
Cooling: Central Air
Basement: Apartment, Walk-Up

Main Floor

Primary

0.0 x 0.0

Window / Closet

2nd Br

0.0 x 0.0

Window / Closet

Kitchen

0.0 x 0.0

Modern Kitchen / W/O To Deck / Eat-In Kitchen

Living

0.0 x 0.0

Picture Window / Combined W/Family / Open Concept


Features

Lot size: 5,075 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 6


Property History

Apr 15, 2025
ListedActive
$1,799,988
5 hours on market
history photo preview41
Listing by trreb®
Property listed by SUTTON GROUP-ADMIRAL REALTY INC., Brokerage

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Population and Demographics

Overview

Total population 16176
Average household income $166,841

Age (%)

35 to 49
23%
50 to 64
20%
20 to 34
20%
0 to 19
19%
65 and plus
17%

Household composition (%)

Single family
63%
Single person
32%
Multi person
5%
Multi family
0%

Mother tongue (%)

English
68%
Others
5%
Italian
4%
Polish
4%
Ukrainian
3%
Portuguese
3%
Spanish
3%
Tibetan
2%
Serbian
1%

House tenancy (%)

Owners
74%
Renters
26%

Schools and amenities

Estimated Budget