$1,989,000
PRICE
5
BEDROOMS
6
BATHROOMS
W12041116
MLSID
197 Royal York Road, Toronto
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.
Sold History
SOLD
2 November 2017
$1,700,000
SOLD
17 December 2013
$807,000
SOLD
22 June 2009
$660,000
Summary
Address
197 Royal York Road
City
Community
Street
MLSID
W12041116
Property Type
Multiplex
Property Category
Bedrooms
5
Bathrooms
6
Kitchens
4 + 2
Taxes (Annual)
$6,230.16
Tax Year
2024
Published
March 25, 2025
Days on Market
89 Days
Possession Type
Flexible
Possession Details
30/60/Flex
Inclusions
All existing Electric Light Fixtures, All Existing Appliances in 6 Stoves, 6 Fridges, 1 Gas Boiler, 1 Coin Washer, 1 Coin Dryer, Storage Shed at Rear. All fixtures not belonging to tenants.
Details
Bathroom 1
4-Piece Main Level
Bathroom 2
4-Piece Second Level
Bathroom 3
4-Piece Lower Level
Bathroom 4
3-Piece Lower Level
Parking Spaces
6
Parking Total
6
Parking Features
Private
Architectural Style
2-Storey
Lot Width
50 Feet
Lot Depth
145 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Water
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
Listing Contracted with ROYAL LEPAGE REAL ESTATE SERVICES LTD.