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Last Updated : 16 Days ago
156 Royal York Road, Toronto, ON, Mimico
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156 Royal York Road, Toronto MLS Number: W12406957

Mimico, Toronto, ON, M8V 2V3

$1,049,000

Price drop by $50,000

Status: For Sale

  • 3+ Beds
  • 3 Baths
  • Area : 1100-1500 sqft
  • Property Type: Residential Freehold (Semi-Detached )
  • Property Taxes : $3956.0 (Tax Year:2024)
  • Listing Courtesy : Real Estate Homeward

156 Royal York Road Property Description

Wonderful 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. Cap Rate of 4.37%!! 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. Don't wait, take advantage of the current buyer's market. This property is priced to sell. Rents are as follows. Basement $1350, Main floor $1750, Second Floor $1900. Total monthly income of $5000. Gross yearly income is $60,000. Operating expenses for 2024 $12,000. Net income $48,000.

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156 Royal York Road Property Facts

Property Type :Residential Freehold
MLS Number :W12406957
Listing Type :Sale
Possession Date :
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Last Updated :19 Nov, 2025 (16 Days ago)
Source :Toronto Regional Real Estate Board
Area :Toronto
Postal Code : M8V 2V3
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156 Royal York Road Property Price & Tax Insights

Price : $1,049,000
Property Taxes :$3956.0
Tax Year :2024

156 Royal York Road, Toronto Property Details

Bedrooms :3 +
No. of Rooms :10
Heating :Forced Air
Cross Street :Royal York and Lakeshore
Bathrooms :3
Fuel :Gas
Approx Square Footage :1100-1500 sqft
Fireplace/Stove :No
Dimensions 12
Kitchen :3.81 m x 2.86 m
Dining Room :3.03 m x 3.49 m
Bedroom 2 :2.59 m x 3.65 m
Living Room :4.68 m x 2.87 m
Bedroom :3.02 m x 4.67 m
Kitchen :2.73 m x 3.06 m
Living Room :3.03 m x 3.49 m
Bedroom :2.56 m x 3.27 m
Kitchen :3.93 m x 2.25 m
Dining Room :4.68 m x 2.87 m
Office :2.54 m x 2.03 m
Living Room :4.81 m x 4.86 m

Exterior Information

Exterior Finish :Brick
Parking Space :3
Basement :Apartment
Garage :Attached
Laundry Level :Lower Level

156 Royal York Road, Toronto - Price History

2025-11

19 Nov, 2025

TREB #W12406957

Price Change

$1049000.0

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  • 0
  • 400k
  • 800k
  • 1.2M
  • 1.6M
  • 2M+
  • 0
  • 6
  • 12
  • 18
  • 24
  • 30+
  • 0
  • 6
  • 12
  • 18
  • 24
  • 30+

156 Royal York Road - Location Map and Landmarks

  • Mimico Go Station, Toronto 0.79 km
  • Kipling Go Station, Toronto 4.46 km
  • Kipling Subway, Toronto 4.46 km
  • Royal York Subway, Toronto 4.47 km
  • Old Mill Subway, Toronto 4.51 km
  • Long Branch Go Station, Toronto 4.53 km
  • Islington Subway, Toronto 4.57 km
  • Jane Subway, Toronto 4.58 km
  • Runnymede Subway, Toronto 4.96 km
  • John English Junior Middle School, Toronto 0.28 km
  • Mimico Adult Centre, Toronto 0.39 km
  • Phoenix Montessori, Toronto 0.44 km
  • St Leo Catholic Elementary School, Toronto 0.52 km
  • Second Street Junior Middle School, Toronto 0.73 km
  • High Park Centennial Montessori, Toronto 1.21 km
  • David Hornell Junior School, Toronto 1.22 km
  • George R Gauld Junior School, Toronto 1.25 km
  • Seventh Street Junior School, Toronto 1.27 km
  • Lakeshore Linc, Toronto 1.4 km
  • St. Joseph's Health Centre, Toronto 5.02 km
  • Queensway Health Centre, Toronto 5.47 km
  • Runnymede Health Care Centre, Toronto 6.19 km
  • Centre for Addiction and Mental Health, Toronto 7.25 km
  • 80 Workman Way, Toronto 7.38 km
  • University Health Network - Toronto Western, Toronto 8.75 km
  • Toronto Western Hospital, Toronto 8.77 km
  • Krembil Research Institute, Toronto 8.84 km
  • West Park Hospital, Toronto 8.9 km
  • Mississauga, Peel 9.95 km
  • Mario And Selina'S No Frills, Toronto 0.33 km
  • Lakeshore Value Mart, Toronto 0.83 km
  • Vatra Cheese & Deli, Toronto 1.02 km
  • Rabba Fine Foods, Toronto 1.4 km
  • Fu Yao Supermarket, Toronto 1.44 km
  • Costco, Toronto 1.73 km
  • Westlake Village, Toronto 1.83 km
  • Motherlovers, Toronto 1.83 km
  • Tony'S No Frills, Toronto 1.98 km
  • Fresh2Humber, Toronto 2.34 km
  • Mimico Avenue and Royal York Road, Toronto 0.3 km
  • Royal York Road and Drummond Street, Toronto 0.4 km
  • Lake Shore Boulevard West and Mimico Avenue, Toronto 0.71 km
  • Judson Street and Royal York Road, Toronto 0.76 km
  • Dwight Avenue and Lake Shore Boulevard West, Toronto 0.82 km
  • New Toronto Street and Islington Avenue, Toronto 0.92 km
  • Islington Avenue and Birmingham Street, Toronto 1.09 km
  • Judson Street and Islington Avenue, Toronto 1.1 km
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FAQs: 156 Royal York Road, Toronto

  • Q:What is the Area Size of the 156 Royal York Road In Sq.Ft and it's MLS No.?

    A: The project covers an area of approximately 1100-1500 sq. ft and is strategically located in Toronto. The MLS No of this project is W12406957 and the Project is located in ON, Canada
  • Q: Does this Project 156 Royal York Road available for Sale ?

    A: The project 156 Royal York Road is readily available for Sale and can be purchased at competitive prices today. You can schedule a tour or request a call back for knowing further.
  • Q: How far is this property from my workplace?

    A:You can calculate your travel time and see how this property is far from your Office, your spouse's workplace or your kid's school. You just need to tell us which places you commute to frequently and Square Yards will tell you how far they are from this property.
  • Q:What are the Key Features 156 Royal York Road is Offering?

    A:Square Yards is giving a Cashback of $5,245 if you buy this property from us, however there are several key features offered by the 156 Royal York Road. You get 3+ Beds with 3 Bath, central air conditioning, parking space and garage along with a heating system, basement, gas fuel system and balcony.
  • Q:How many Parking Space available in this 156 Royal York Road?

    A: 156 Royal York Road in Toronto offers a total of 3 parking spaces for residents.
  • Q:How many Beds & Baths available in 156 Royal York Road, Toronto?

    A: 156 Royal York Road, Toronto comes with 3+ Beds for maximum convenience and space. There are 3 baths available as well for when you have guests over or if you have a large family!
  • Q:How many Apartments and Condos are available for Sale in Toronto, On?

    A:Toronto, ON is one of the biggest real estate markets in Canada. There are several options available here pertaining to condos and apartments alike. There are approximately apartments and condos available currently for your perusal.
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