$1,989,000Asking Price
197 Royal York Road, Toronto, ON M8V 2V5
Mimico, 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.
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.
See MoreKey Info
- 2-Storey Multiplex
- 4+ Parking
- No Garage
- Royal York Rd and Mimico Ave
- 2000-2500 Approximate Sq Feet
- No Ensuite Laundry
- Water Gas Heating
- No A/C
Property
- Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
- Taxes were $6,230 in 2024
- Possession: 30/60/flex
Details
- Brick Exterior
- No Fireplace
- 6 + 2 Kitchens
- MLS #W12041116
- ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Kitchen | Main | 9.00' x 10.50' | |
| 2 | Kitchen | Main | 8.90' x 10.40' | |
 | 2 4-Piece Bathrooms on Main Floor | |||
| 2 4-Piece Bathrooms | |||
| 1 4-Piece Bathroom on Lower | |||
| 1 3-Piece Bathroom on Lower | |||
How Far is Too Far?
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Who lives here?
Mimico, Toronto is a west Toronto neighbourhood notable for its singles, renters, executives, salespeople and tradespeople. Residents tend to be older with a significant number of adults aged 25 to 44, 25 to 44, 25 to 44 and 25 to 44 and seniors aged 65 to 69.
Families
Kids Per Family
0.9
kids per family
in the neighbourhood.
Gta ({{ '1.29999995231628' | number: 1 }})
Singles
51%
of residents are
single and loving it.
51% singles
Toronto (50%)Gta ({{ '44.8800010681152' | number: 0 }}%)
Renters
55%
of residents
are renters.
55% renters
Toronto (47%)Gta ({{ '33.0200004577637' | number: 0 }}%)
Education
45%
of residents are
university grads.
45% university grads
Toronto (48%)Gta ({{ '43.6699981689453' | number: 0 }}%)
Income
Average Household Income
$109K
is the average household
income in the neighbourhood.
Gta ({{ '135056.828125' | minifiedCurrency }})
Professions
Professions
| Sales | 16% |
| Business | 11% |
| Management | 10% |
| Government | 8% |
| Trades | 8% |
Immigrants
41%
of residents were
born outside of Canada.
41% immigrants
Toronto (48%)Gta ({{ '45.4300003051758' | number: 0 }}%)
Birthplace - All
4.2% from India
All-time
Birthplace - Recent
1.2% from India
Recent
Foreign Languages
Foreign Languages
| Polish | 4% |
| Spanish | 3% |
| Ukrainian | 3% |
| Portuguese | 2% |
| Russian | 2% |
Religions
Religions
| Christian | 68% |
| Muslim | 4% |
| Hindu | 2% |
| Buddhist | 2% |
| Jewish | 1% |
Social Housing
Social Housing Buildings
3
Social housing buildings
in the neighbourhood.
Shelters
Shelters
1
Homeless shelters in
the neighbourhood.
