Key insights
This home is
13%
Time on Houseful
2 hours
School rated
6.9/10
Toronto
11.67%
Highlights
Description
- Time on Housefulnew 2 hours
- Property typeSingle family
- Neighbourhood
- Median school Score
- Mortgage payment
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:63267)
Home overview
Amenities / Utilities
- Heat source Natural gas
- Heat type Forced air
- Sewer/ septic Sanitary sewer
Exterior
- # total stories 2
- # parking spaces 3
- Has garage (y/n) Yes
Interior
- # full baths 3
- # total bathrooms 3.0
- # of above grade bedrooms 3
- Flooring Hardwood, vinyl, laminate
Location
- Subdivision Mimico
Overview
- Lot size (acres) 0.0
- Listing # W12406957
- Property sub type Single family residence
- Status Active
Rooms Information
metric
- Kitchen 3.93m X 2.25m
Level: 2nd - Living room 4.68m X 2.87m
Level: 2nd - Dining room 4.68m X 2.87m
Level: 2nd - Office 2.54m X 2.03m
Level: 2nd - Bedroom 3.02m X 4.67m
Level: 2nd - Living room 4.81m X 4.86m
Level: Basement - Kitchen 2.73m X 3.06m
Level: Basement - Bedroom 4.81m X 4.86m
Level: Basement - 2nd bedroom 2.59m X 3.65m
Level: Ground - Bedroom 2.56m X 3.27m
Level: Ground - Dining room 3.03m X 3.49m
Level: Ground - Living room 3.03m X 3.49m
Level: Ground - Kitchen 3.81m X 2.86m
Level: Ground
SOA_HOUSEKEEPING_ATTRS
- Listing source url Https://www.realtor.ca/real-estate/28869968/156-royal-york-road-toronto-mimico-mimico
- Listing type identifier Idx
The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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