Sona Bhalla, Broker - HouseSigma Inc

$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

Washroom Type

No. of Pieces

Level

Washroom Type 1

Main

Washroom Type 2

Second

Washroom Type 3

Lower

Washroom Type 4

Lower

Washroom Type 5

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

Schools

7 public & 8 Catholic schools serve this home. Of these, 8 have catchments. There are 2 private schools nearby.

Parks & Rec

3 playgrounds, 3 tennis courts and 6 other facilities are within a 20 min walk of this home.

Transit

Street transit stop less than a 2 min walk away. Rail transit stop less than 1 km away.

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Asking Price:

Heating:

$ /Year

Interest Rate:

Condo Fee:

$ /Year

Taxes:

$ /Year

Other Debt:

$ /Year

Amortization:

Years

GDS:

TDS:

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.

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Amortization :

Years

Payment Frequency

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Your Payment:

$4,907.68

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

Disclosure Statement

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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