391 Royal York Rd

Toronto W06 | Mimico | M8Y 2R4
  • 6
  • 3
  • 0

$2,025,000

Est. Mtg $6,866 /mo
  • Days on market

    92

  • Status

    New

Listing Broker RE/MAX PREMIER INC.
Since listed: 1 views

Home details

MLS #:

W11903828

Property type:
Triplex
Style:
3-Storey
Taxes:
$5,822
Possession:
TBD
Lot Front:
31.71   Feet
Lot Depth:
99.75   Feet
Basement:
Apartment |
Driveway Pkg:
3
Heat:
Other | Other

Description


391 Royal York Rd, , Toronto, Ontario is a Triplex property in Toronto W06 and in the Mimico community in the M8Y 2R4 postal code


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.

Extras

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History

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List Date End Date List Price End Price Status MLS #
2020-11 2021-02 $1,499,000 $1,350,000 Sld W4987989
2021-11 2021-11 $2,900 $2,900 Ter W5424762
2021-11 2021-11 $2,850 $2,850 Ter W5424696
2021-11 2021-11 $2,850 $2,850 Ter W5424692
2021-11 2021-11 $2,900 $2,900 Ter W5424766
2021-11 2022-01 $2,775 $2,750 Lsd W5442627
2021-11 2021-12 $2,725 $2,725 Lsd W5442617
2022-05 2022-06 $2,725 $2,725 Lsd W5619189
2023-07 2023-07 $2,800 $2,800 Lsd W6645742
2023-09 2023-09 $2,900 $2,900 Ter W6807582
2023-09 2023-10 $2,850 $2,850 Lsd W7013542
2023-10 2023-10 $2,850 $2,850 Sus W7236322
2024-07 2024-07 $2,950 $2,950 Ter W9040713
2024-07 2024-08 $2,950 $2,950 Ter W9046790
2024-08 2024-09 $2,900 $2,900 Ter W9260487
2024-09 2024-10 $2,900 $2,850 Lsd W9354374
2025-01 2025-01 $2,025,000 $2,025,000 New W11903828

Comparables

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sold Date Address List Price sold Price DOM
2024-09 393 Royal York Rd, $1,449,000 $1,280,000 23

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity All Property Types

Sale activity

Toronto W06 :

Average sale price

$1,724,688

Properties sold

24

New Listings

47

Days on Market

9

Sale $ / List $

105%

Year on Year Growth

-1.91%



Estimated running costs for 391 Royal York Rd

Based on available 3rd party data

$7486

Approximate costs per month

Mortgage
$6866 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$485 p/m
Maintenance
$0 p/m

Amenities:

Features:

  • Hospital
  • Lake/Pond
  • Library
  • Park
  • Public Transit
  • School
Listing Broker RE/MAX PREMIER INC.
Data Source: TRREB

Payment calculator

$7351 monthly. In association with: TD Bank
%
  • Principal and Interest
    6866 /mo
  • Property Taxes
    $485 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Ben Pourkamali, Realtor

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