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Sona Bhalla

 Broker
HouseSigma Inc, Brokerage Independently owned and operated. 15 Allstate Parkway #629, Markham, Ontario L3R5B4 Cell: 647-992-7653Office: 647-360-2330

$1,989,000
Available - For Sale
Listing ID: W12041116
197 Royal York Road , Toronto, M8V 2V5, Toronto


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.
Price $1,989,000
Taxes: $6230.16
Occupancy by: Tenant
Address: 197 Royal York Road , Toronto, M8V 2V5, Toronto
Directions/Cross Streets: Royal York Rd and Mimico Ave
Rooms: 8
Rooms +: 3
Bedrooms: 5
Bedrooms +: 0
Family Room: F
Basement: Finished, Separate Ent
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1 Main Living Ro 14.4 13.28
Room 2 Main Kitchen 8.99 10.5
Room 3 Main Bedroom 8.4 13.09
Room 4 Main Living Ro 13.61 13.19
Room 5 Main Kitchen 8.89 10.4
Room 6 Main Bedroom 8.4 13.81
Room 7 Second Living Ro 14.5 13.28
Room 8 Second Kitchen 9.32 10.5
Room 9 Second Bedroom 8.3 13.12
Room 10 Second Living Ro 14.5 13.28
Room 11 Second Bedroom 8.3 13.91
Room 12 Lower Living Ro 16.2 10
Washroom Type No. of Pieces Level
Washroom Type 1 4 Main
Washroom Type 2 4 Second
Washroom Type 3 4 Lower
Washroom Type 4 3 Lower
Washroom Type 5 0
Total Area: 0.00
Property Type: Multiplex
Style: 2-Storey
Exterior: Brick
Garage Type: None
(Parking/)Drive: Private
Drive Parking Spaces: 6
Park #1
Parking Type: Private
Park #2
Parking Type: Private
Pool: None
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Water
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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$
$ /Year
%
$ /Year
$ /Year
$ /Year
Years
%
%
Percent Down:
Down Payment $99,450 $198,900 $298,350 $397,800
First Mortgage $1,889,550 $1,790,100 $1,690,650 $1,591,200
CMHC/GE $75,582 $55,493.1 $47,338.2 $0
Total Financing $1,965,132 $1,845,593.1 $1,737,988.2 $1,591,200
Monthly P&I $9,697.57 $9,107.67 $8,576.66 $7,852.28
Expenses $0 $0 $0 $0
Total Payment $9,697.57 $9,107.67 $8,576.66 $7,852.28
Income Required $363,658.92 $341,537.56 $321,624.66 $294,460.66

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

$
%
Years
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE REAL ESTATE SERVICES LTD.
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Sona Bhalla
Broker
Dir:
647-992-7653
Bus:
647-360-2330
 
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At a Glance:
Type: Freehold - Multiplex
Area: Toronto
Municipality: Toronto W06
Neighbourhood: Mimico
Style: 2-Storey
Lot Size: x 145.21(Feet)
Approximate Age:
Tax: $6,230.16
Maintenance Fee: $0
Beds: 5
Baths: 6
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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