156 Royal York Road
Toronto
M8V 2V3
$1,099,000
Residential Freehold
beds: 3
baths: 3.0
- Status:
- Active
- Prop. Type:
- Residential Freehold
- MLS® Num:
- W12406957
- Bedrooms:
- 3
- Bathrooms:
- 3
- Photos (24)
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Wonderful investment opportunity. Currently set up as three completely renovated apartments. Great house extensively renovated in 2012-13. Perfect turn key investment with all three apartments currently rented on a month to month basis. Cap Rate of 4.37%!! Located in the heart of Mimico, steps to transit and the GO line. Just a short stroll to the lake and Mimico village. Great for first time home buyers with a double income to help pay the mortgage. Large private backyard, and parking for up to three cars. Don't wait, take advantage of the current buyer's market. This property is priced to sell. Rents are as follows. Basement $1350, Main floor $1750, Second Floor $1900. Total monthly income of $5000. Gross yearly income is $60,000. Operating expenses for 2024 $12,000. Net income $48,000.
- Property Type:
- Residential Freehold
- Property Sub Type:
- Semi-Detached
- Home Style:
- 2-Storey
- Total Approx Floor Area:
- 1100-1500
- Depth:
- 117'
- Frontage:
- 28'
- Direction Faces:
- West
- Bedrooms:
- 3
- Bathrooms:
- 3.0
- Water supply:
- Municipal
- Kitchens:
- 3
- Kitchens in Basement:
- 1
- Bedrooms Above Grade:
- 3
- Kitchens Above Grade:
- 2
- Rooms Above Grade:
- 10
- Rooms Below Grade:
- 1
- Heating type:
- Forced Air
- Heating Fuel:
- Gas
- Foundation:
- Block
- Roof:
- Asphalt Shingle
- Basement:
- Apartment
- Fireplace/Stove:
- No
- Garage:
- Attached
- Garage Spaces:
- 1.0
- Parking Features:
- Private
- Parking Spaces:
- 2
- Total Parking Spaces:
- 3.0
- Family Room:
- No
- Possession Details:
- TBD
- Pool:
- None
- HST Applicable To Sale Price:
- Included In
- Assessment Year:
- 2024
- Taxes:
- $3,956 / 2024
- Assessment:
- $- / 2024
- Toronto W06
- Mimico
- Toronto
- Accessory Apartment
- 3 Fridges, 3 stoves, 2 built-in microwave range hoods, 1 built-in dishwasher, 1 range exhaust fan, coin washer, coin dryer, dual zone furnace, tankless hot water heater, lawn mower, inter-connected smoke alarms between apartments
- Brick
- Floor
- Type
- Size
- Other
- Ground
- Kitchen
- 9'9" × 9'2"
- Hardwood Floor, Open Concept, Modern Kitchen
- Ground
- Living Room
- 7'1" × 3'3"
- Combined w/Dining, Combined w/Kitchen, Hardwood Floor
- Ground
- Dining Room
- 7'1" × 3'3"
- Combined w/Kitchen, Combined w/Living, Hardwood Floor
- Ground
- Bedroom
- 6'8" × 5'3"
- Hardwood Floor, Pot Lights, Large Window
- Ground
- Bedroom 2
- 8'5" × 6'11"
- Overlooks Backyard, W/O To Deck, Picture Window
- Second
- Kitchen
- 10'9" × 4'1"
- Hardwood Floor, Open Concept, Modern Kitchen
- Second
- Living Room
- 9'8" × 9'3"
- Combined w/Dining, Hardwood Floor, Large Window
- Second
- Dining Room
- 9'8" × 9'3"
- Combined w/Living, Hardwood Floor, Large Window
- Second
- Bedroom
- 9'7" × 3'2"
- Hardwood Floor, Closet, Window
- Second
- Office
- 6'6" × 2'3"
- Laminate, Overlooks Backyard, Picture Window
- Basement
- Kitchen
- 8'1" × 3'6"
- Vinyl Floor, Combined w/Living, Modern Kitchen
- Basement
- Living Room
- 11'2" × 10'9"
- Vinyl Floor, Combined w/Kitchen, Combined w/Br
- Basement
- Bedroom
- 11'2" × 10'9"
- Vinyl Floor, Combined w/Kitchen, Combined w/Living
- Special Designation:
- Unknown
- Sewers:
- Sewer
- Air Conditioning:
- None
- Central Vacuum:
- No
- Seller Property Info Statement:
- No
- Ensuite Laundry:
- No
- Laundry Level:
- Lower Level
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Listed by REAL ESTATE HOMEWARD
Data was last updated September 23, 2025 at 05:15 PM (UTC)
Area Statistics
- Listings on market:
- 13
- Avg list price:
- $1,149,900
- Min list price:
- $980,000
- Max list price:
- $1,698,888
- Avg days on market:
- 14
- Min days on market:
- 5
- Max days on market:
- 484
These statistics are generated based on the current listing's property type
and located in
Toronto W06. Average values are
derived using median calculations. This data is not produced by the MLS® system.
- KIM KEHOE
- BOSLEY REAL ESTATE
- 1 (416) 7881823
- Contact by Email
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