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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. 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.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 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, washer, dryer, dual zone furnace, tankless hot water heater, lawn mower, inter-connected smoke alarms between apartments
Nearby Intersections
Lake Shore & Park Lawn (311)
Property Features
Lake/Pond
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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
$3,684 (2023)
Basement
Apartment
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Window Unit
Water
Municipal
Parking Spaces
2
Driveway
Front Yard
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' | Combined W/Kitchen, Combined W/Living, Hardwood Floor |
| Living | Ground | 11.45' x 9.94' | Combined W/Dining, Combined W/Kitchen, Hardwood Floor |
| Br | Ground | 10.73' x 8.40' | Pot Lights, Hardwood Floor, 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 |
| Dining | 2nd | 9.42' x 15.35' | Combined W/Living, Hardwood Floor, Window |
| Living | 2nd | 9.42' x 15.35' | Combined W/Dining, Hardwood Floor, Window |
| Br | 2nd | 15.32' x 9.91' | Hardwood Floor, Window, Closet |
| Office | 2nd | 6.66' x 8.33' | Laminate, O/Looks Backyard, Picture Window |
| Kitchen | Bsmt | 10.04' x 8.96' | Vinyl Floor, Combined W/Living, Open Concept |
| 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 $1,200,000, which is $223,172 (15.7%) lower than the average sold price of $1,423,172 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 3 bedroom home in Etobicoke increased by $87,800 (6.6%) compared to the previous 30 day period (March 15 - April 13) and down $42,855 (2.9%) from the same time one year ago.Inventory Change
There were 1,201 3-bedroom homes listed in Etobicoke over the last 30 days (April 14 - May 13), which is up 57.8% compared with the previous 30 day period (March 15 - April 13) and up 26.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Etobicoke typically sold $75,399 (5.3%) above asking price over the last 30 days (April 14 - May 13), which represents a $7,486 decrease compared to the previous 30 day period (March 15 - April 13) and $110,072 less 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 (April 14 - May 13) stood at 45.6%, down from 83.8% over the previous 30 days (March 15 - April 13) and down from 69.2% 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 13 days when successfully sold over the last 30 days (April 14 - May 13), compared to 32 days before being removed from the market upon being suspended or terminated.Listing contracted with Real Estate Homeward
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