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House for sale: 156 ROYAL YORK ROAD, Toronto
156 Royal York Road
$1,099,000
Toronto , Ontario M8V2V3
3 bed
3 bath
About the Property

Cross Streets: Royal York and Lakeshore. ** Directions: North of Lakeshore on west side of Royal York. 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. (id:27476)

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Property Details
MLS® Number
W12406957
Type
Single Family
Community Name
Mimico
Ownership Type
Freehold
Land Size
28 x 117 FT
Parking Space Total
3
Building
Building Type
House
Storeys
2
Square Footage
1100 - 1500 sqft
Bathrooms Total
3
Bedrooms Above Ground
3
Bedrooms Total
3
Exterior Finish
Brick
Fireplace Present
No
Basement Type
N/A
Basement Features
Apartment in basement
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
None
Utilities
Water
Municipal water
Utility Sewer
Sanitary sewer
Room Layout
Kitchen
Second level
3.93 m x 2.25 m
Living room
Second level
4.68 m x 2.87 m
Dining room
Second level
4.68 m x 2.87 m
Bedroom
Second level
3.02 m x 4.67 m
Office
Second level
2.54 m x 2.03 m
Kitchen
Basement
2.73 m x 3.06 m
Living room
Basement
4.81 m x 4.86 m
Bedroom
Basement
4.81 m x 4.86 m
Kitchen
Ground level
3.81 m x 2.86 m
Living room
Ground level
3.03 m x 3.49 m
Dining room
Ground level
3.03 m x 3.49 m
Bedroom
Ground level
2.56 m x 3.27 m
Bedroom 2
Ground level
2.59 m x 3.65 m
Monthly Payment Calculator
$
%
3.49%
5.5%
6%
7%
Years
15 Years
20 Years
25 Years
30 Years
Your Monthly Payment
$3,625
Book a Showing
Darya Strilyana
Darya Strilyana
Real Estate Expert
Phone
+1 .647 .896 .7668
Email
ds@homeads.ca

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Listing provided by: REAL ESTATE HOMEWARD

$1,099,000 - 156 ROYAL YORK ROAD, Toronto Ontario M8V 2V3, Canada | Real Estate For Sale | HomeAds.ca

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Apartment for sale: 3308 - 2212 LAKESHORE BOULEVARD, Toronto
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Cross Streets: Lake Shore Drive and Fourth Street. ...

Duplex for sale: 8A NINETEENTH STREET, Toronto
$1,499,000

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5 bed
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Triplex for sale: 8 NINETEENTH STREET, Toronto
$1,200,000

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Cross Streets: Lakeshore Blvd & Kipling. ** Directions: Nineteenth ...

House for sale: 44 TWENTIETH STREET, Toronto
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2 bath

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House for sale: 31 NINETEENTH STREET, Toronto
$1,379,000

31 Nineteenth Street, Toronto (New Toronto), Ontario

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4 bath

Lake Shore Blvd/Kipling Ave Beautiful family home ...

House for sale: 26 SIXTEENTH STREET, Toronto
$999,000

26 Sixteenth Street, Toronto (New Toronto), Ontario

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Kipling/Lakeshore Welcome To This Beautifully Maintained ...

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House for sale: 113 FIFTH STREET, Toronto
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Cross Streets: Lake Shore Blvd and Fifth Street. ...

House for sale: 87 FOURTH STREET, Toronto
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Cross Streets: Islington/Lakeshore/Fourth. ** Directions: Islington/Laskeshore/Fourth ...

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$1,100,000

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Apartment for sale: 1105 - 4 ELSINORE PATH, Toronto
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402 - 4 ELSINORE PATH, Toronto
$399,900

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Apartment for sale: 511 - 4 ELSINORE PATH, Toronto
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$1,850,000

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Cross Streets: Kipling Ave X Lake Shore Blvd ...

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$2,188,000

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0 bed
0 bath

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12 bed
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3 bath

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Duplex for sale: 232 SIXTH STREET, Toronto
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House for sale: 156 ROYAL YORK ROAD, Toronto
$1,099,000

156 Royal York Road, Toronto (Mimico), Ontario

3 bed
3 bath

Cross Streets: Royal York and Lakeshore. ** Directions: ...

Row / Townhouse for sale: 212 - 252 ROYAL YORK ROAD, Toronto
$739,000

212 - 252 Royal York Road, Toronto (Mimico), Ontario

2 bed
2 bath

Cross Streets: Royal York and Mimico Ave. ** Directions: ...

House for sale: 170 QUEENS AVENUE, Toronto
$1,099,999

170 Queens Avenue, Toronto (Mimico), Ontario

3 bed
3 bath

Royal York And Stanley Location, Location! A rare ...

House for sale: 175 HAY AVENUE, Toronto
$2,298,000

175 Hay Avenue, Toronto (Mimico), Ontario

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Cross Streets: Evans and Royal York. ** Directions: West ...

Row / Townhouse for sale: 341 ROYAL YORK ROAD, Toronto
$1,199,998

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$1,900,000

104 Newcastle Street, Toronto (Mimico), Ontario

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Cross Streets: Royal York Rd. & The Queensway. ** Directions: ...

House for sale: 102 NEWCASTLE STREET, Toronto
$799,000

102 Newcastle Street, Toronto (Mimico), Ontario

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Apartment for sale: 1705 - 2285 LAKE SHORE BOULEVARD W, Toronto
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Triplex for sale: 148 PORTLAND STREET, Toronto
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Row / Townhouse for sale: 2 SKELTON STREET, Toronto
$948,000

2 Skelton Street, Toronto (Mimico), Ontario

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Other for sale: 136 PORTLAND STREET, Toronto
$2,988,888

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Apartment for sale: 305 - 2269 LAKE SHORE BOULEVARD W, Toronto
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2 bath

Lake Shore/Park Lawn **Watch Virtual Tour** Resort-Style ...

Apartment for sale: 1207 - 2269 LAKESHORE BOULEVARD W, Toronto
$669,999

1207 - 2269 Lakeshore Boulevard W, Toronto (Mimico), Ontario

2 bed
2 bath

Lakeshore West of Parklawn Panoramic Views Overlooking ...

Updated November 2nd 2025 4:31 am

Book a Showing
Darya Strilyana
Darya Strilyana
Real Estate Expert
Phone
+1 .647 .896 .7668
Email
ds@homeads.ca
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