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Property Description
Fantastic 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. 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. Take advantage of an early spring market. Get in now before prices start to rise while still taking full advantage of the new mortgage rules and lower rates.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-09-10 | 2024-12-05 | 87 | $1,159,000 | - | Suspended |
2024-05-03 | 2024-07-31 | 89 | $1,200,000 | - | Expired |
2022-08-25 | 2022-08-27 | 2 | $1,900 | $1,900 | Leased |
2021-02-17 | 2021-03-24 | 34 | $1,350,000 | - | Suspended |
Extras
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
Nearby Intersections
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Property Details
Street
Community
City
Property Type
Semi-Detached, 2-Storey
Approximate Sq.Ft.
1100-1500
Lot Size
28' x 117'
Fronting
West
Taxes
$3,955 (2024)
Basement
Apartment
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Window Unit
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
Attached
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Kitchen | Ground | 10.53' x 9.38' | Hardwood Floor, Open Concept, Modern Kitchen |
Dining | Ground | 11.45' x 9.94' | Hardwood Floor, Combined W/Kitchen, Combined W/Living |
Living | Ground | 11.45' x 9.94' | Hardwood Floor, Combined W/Dining, Combined W/Kitchen |
Br | Ground | 10.73' x 8.40' | Hardwood Floor, Pot Lights, Large Window |
2nd Br | Ground | 11.98' x 8.50' | O/Looks Backyard, W/O To Deck, Picture Window |
Kitchen | 2nd | 7.38' x 12.89' | Open Concept, Hardwood Floor, Modern Kitchen |
Living | 2nd | 9.42' x 15.35' | Combined W/Dining, Hardwood Floor, Window |
Dining | 2nd | 9.42' x 15.35' | Combined W/Living, Hardwood Floor, Window |
Br | 2nd | 15.32' x 9.91' | Hardwood Floor, Closet, Window |
Office | 2nd | 6.66' x 8.33' | Laminate, O/Looks Backyard, Picture Window |
Kitchen | Bsmt | 10.04' x 8.96' | Vinyl Floor, Modern Kitchen, Combined W/Living |
Living | Bsmt | 15.94' x 15.78' | Vinyl Floor, Combined W/Kitchen, Combined W/Br |
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Etobicoke Market Statistics
Etobicoke Price Trend
156 Royal York Rd is a 3-bedroom 3-bathroom home listed for sale at $1,170,000, which is $22,712 (1.9%) lower than the average sold price of $1,192,712 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 3 bedroom home in Etobicoke declined by $86,213 (6.7%) compared to the previous 30 day period (November 19 - December 18) and down $60,928 (4.9%) from the same time one year ago.Inventory Change
There were 319 3-bedroom homes listed in Etobicoke over the last 30 days (December 19 - January 17), which is down 33.8% compared with the previous 30 day period (November 19 - December 18) and up 27.6% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Etobicoke typically sold ($7,431) (0.6%) below asking price over the last 30 days (December 19 - January 17), which represents a $1,931 decrease compared to the previous 30 day period (November 19 - December 18) and ($28,262) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in Etobicoke over the last 30 days (December 19 - January 17) stood at 61.8%, down from 100.8% over the previous 30 days (November 19 - December 18) and down from 83.2% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Etobicoke stood at 37 days when successfully sold over the last 30 days (December 19 - January 17), compared to 76 days before being removed from the market upon being suspended or terminated.Listing contracted with Real Estate Homeward
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