$1,799,988Asking Price
555 Royal York Road, Toronto, ON M8Y 2S7
The Queensway, Toronto
Incredible Investment Opportunity in Prime Toronto Location! Welcome to 555 Royal York Rd, ararely offered legal triplex situated on a massive 50 ft frontage lot with 6 legal parking spacesa true gem for investors or end-users alike. This solid, well-maintained property features three fully self-contained units, each boasting 2 generously sized bedrooms and 1 full bathroom, offering excellent functionality and appeal. Each unit is separately metered, with 4 hydro meters in total, and tenants pay their own hydro a major plus for maximizing cash flow.The basement unit is bright and inviting with above-grade windows, creating a warm, main-floor feel that tenants love. The main floor unit is owner-occupied and will be delivered vacant on closing, making it ideal for those looking to move in and offset their mortgage with rental income from the other two units. This is an amazing turnkey opportunity with A+ tenants already in place, providing immediate income and peace of mind. Whether you're an investor looking to expand your portfolio or a homeowner searching for a multi-family property with excellent upside potential, this triplex checks all the boxes. Located in a vibrant, transit-accessible area, you're close to schools, shopping, parks, and major highways making this an attractive spot for quality tenants and long-term appreciation. Don't miss out on this rare offering in a high-demand location!
Incredible Investment Opportunity in Prime Toronto Location! Welcome to 555 Royal York Rd, ararely offered legal triplex situated on a massive 50 ft frontage lot with 6 legal parking spacesa true gem for investors or end-users alike. This solid, well-maintained property features three fully self-contained units, each boasting 2 generously sized bedrooms and 1 full bathroom, offering excellent functionality and appeal. Each unit is separately metered, with 4 hydro meters in total, and tenants pay their own hydro a major plus for maximizing cash flow.The basement unit is bright and inviting with above-grade windows, creating a warm, main-floor feel that tenants love. The main floor unit is owner-occupied and will be delivered vacant on closing, making it ideal for those looking to move in and offset their mortgage with rental income from the other two units. This is an amazing turnkey opportunity with A+ tenants already in place, providing immediate income and peace of mind. Whether you're an investor looking to expand your portfolio or a homeowner searching for a multi-family property with excellent upside potential, this triplex checks all the boxes. Located in a vibrant, transit-accessible area, you're close to schools, shopping, parks, and major highways making this an attractive spot for quality tenants and long-term appreciation. Don't miss out on this rare offering in a high-demand location!
See MoreKey Info
- 2-Storey Triplex
- 4+ Parking
- No Garage
- Royal York Rd/The Queensway
- 1500-2000 Approximate Sq Feet
- No Ensuite Laundry
- Forced Air Gas Heating
- Central Air
Property
- Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
- Taxes were $5,443 in 2024
- Possession: Flexible/TBA
Details
- Brick Exterior
- No Fireplace
- 3 + 1 Kitchens
- MLS #W12083413
- SUTTON GROUP-ADMIRAL REALTY INC.
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Kitchen | Main | Modern Kitchen, Walkout To Deck, Eat-in Kitchen | |
| 2 | Kitchen | Lower | Eat-in Kitchen, Above Grade Window | |
 | 1 4-Piece Bathroom on Main Floor | |||
| 1 4-Piece Bathroom on Lower | |||
| 1 4-Piece Bathroom | |||
How Far is Too Far?
See personalized commute details for each listing by adding your favourite places (like work or daycare) and mode of travel.
Sign up to see commute timesAlready signed up? Sign in
Who lives here?
The Queensway, Toronto is a west Toronto neighbourhood notable for its executives, business professionals, salespeople and tradespeople. It has a higher than average population of Italian speakers. Residents tend to be older with a significant number of babies, adults aged 35 to 64 and seniors aged 65 to 69.
Families
Kids Per Family
1.0
kids per family
in the neighbourhood.
Gta ({{ '1.29999995231628' | number: 1 }})
Singles
45%
of residents are
single and loving it.
45% singles
Toronto (50%)Gta ({{ '44.8800010681152' | number: 0 }}%)
Renters
21%
of residents
are renters.
21% renters
Toronto (47%)Gta ({{ '33.0200004577637' | number: 0 }}%)
Education
44%
of residents are
university grads.
44% university grads
Toronto (48%)Gta ({{ '43.6699981689453' | number: 0 }}%)
Income
Average Household Income
$124K
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
40%
of residents were
born outside of Canada.
40% immigrants
Toronto (48%)Gta ({{ '45.4300003051758' | number: 0 }}%)
Birthplace - All
4.8% from India
All-time
Birthplace - Recent
1.0% from India
Recent
Foreign Languages
Foreign Languages
| Italian | 6% |
| Polish | 4% |
| Portuguese | 4% |
| Ukrainian | 4% |
| Spanish | 2% |
Religions
Religions
| Christian | 71% |
| Muslim | 3% |
| Buddhist | 2% |
| Hindu | 1% |
| Sikh | 1% |
Social Housing
Social Housing Buildings
0
Social housing buildings
in the neighbourhood.
Shelters
Shelters
0
Homeless shelters in
the neighbourhood.
