$2,025,000Asking Price
391 Royal York Rd
Mimico, Toronto
The Offering represents an opportunity for a multi-generational family or investors to acquire turn key, 100% tenanted property which has undergone extensive renovations in 2021.This Triplex provides a GFA of ~3,000 square feet and is nestled on a 31.71 ft x 99.75 ft lot. The units comprise of 2 - Two Bedroom + 1 Full bathroom; 1 - Two Bedroom + Den + 1 Full Bathroom. Each unit is fully self contained and has its own parking space. The property is located in a vibrant community - district of Mimico is a Toronto neighborhood packed with character and community. Being an older residential area, remnants of the past sprinkle the neighborhood, which has developed its own local charm. With nearby neighborhoods of New Toronto, Stone gate Queensway and Long Brach. It is bordered by major arterial routes including the Gardiner Expressway, QEW, HWY #427 and Lake Ontario to the south. The property is walking distance to some highly ranked schools, parks, restaurants, shops, and has easy access to the GO Train, subway and TTC
The Offering represents an opportunity for a multi-generational family or investors to acquire turn key, 100% tenanted property which has undergone extensive renovations in 2021.This Triplex provides a GFA of ~3,000 square feet and is nestled on a 31.71 ft x 99.75 ft lot. The units comprise of 2 - Two Bedroom + 1 Full bathroom; 1 - Two Bedroom + Den + 1 Full Bathroom. Each unit is fully self contained and has its own parking space. The property is located in a vibrant community - district of Mimico is a Toronto neighborhood packed with character and community. Being an older residential area, remnants of the past sprinkle the neighborhood, which has developed its own local charm. With nearby neighborhoods of New Toronto, Stone gate Queensway and Long Brach. It is bordered by major arterial routes including the Gardiner Expressway, QEW, HWY #427 and Lake Ontario to the south. The property is walking distance to some highly ranked schools, parks, restaurants, shops, and has easy access to the GO Train, subway and TTC
See MoreKey Info
- 3-Storey Triplex
- 3 Parking
- No Garage
- Royal York Rd & South of Evans Ave.
- 2500-3000 Approximate Sq Feet
- 51-99 Years Approximate Age
- Central Air
Property
- Taxes were $5,822 in 2024
- Possession: TBD
Details
- Brick Exterior
- No Fireplace
- 3 Kitchens
- MLS #W11903828
- RE/MAX PREMIER INC.
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
 | 1 4-Piece Bathroom on Lower | |||
| 1 4-Piece Bathroom on Main Floor | |||
| 1 4-Piece Bathroom on Upper | |||
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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.
