For Sale

197 Royal York Road, Toronto W06, Ontario M8V 2V5

$1,989,000

197 Royal York Road, Toronto W06, Ontario M8V 2V5 is For Sale and has a listing price of 1,989,000. The property is located in the Mimico neighbourhood . It's been on the website for 56 Days.

  • Investment
    Property Type
  • MLS ID: W12039227
  • Office Name ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Property Description

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.

Property Details
  • MLS ID: W12039227
  • Price: $1,989,000
  • Lot Depth: 144.75
  • Transaction Types: For Sale
  • Ref ID: W12039227
  • Year Built: N/A
  • Dir / Cross St: Royal York Rd and Mimico Ave
  • Status: Active
  • Tax Year: 2024
  • Property Type: Investment
  • Property Type: Commercial
Price History
List Date MLS ID List Price Status End Date Closed Price
03/25/2025 W12041116 $1,989,000 For Sale - -
03/24/2025 W12039227 $1,989,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Mimico
  • $1,265,042 Average List Price
    based on 1 year
  • 358 New Listings
    based on 30 days
  • 49 Median Days on Market
    based on 1 year
  • List vs. Selling Price 0.35 % Up
  • Sold (12mo) 173
  • Rented (12mo) 375

  • 1 Month Change -40.4%
  • 3 Month Change -23.1%
  • 6 Month Change -16.8%
Walkscore
Property Type Distribution
  • All Houses
    17.37%
  • Commercial
    6.97%
  • Condo
    75.65%
Additional Details
  • Heat Type Gas Hot Water
  • Garage Type Y
  • Parking Spaces: N/A
  • Taxes: $6,230
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: 30/60/flex
  • Listing Entry Date: 24/03/2025 23:03:24
Want to see this property?