555 Royal York RD new Save Request In-Person Tour Request Virtual Tour
Toronto W07,ON M8Y 2S7
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision Stonegate-Queensway
MLS Listing ID W12083413
Style 2-Storey
Bedrooms 4
Annual Tax Amount $5,443
Tax Year 2024
Property Sub-Type Triplex
Appx SqFt 1500-2000
Property Description
Incredible Investment Opportunity in Prime Toronto Location! Welcome to 555 Royal York Rd, ararely offered legal triplex situated on a massive 50 ft frontage lot with 6 legal parking spacesa true gem for investors or end-users alike. This solid, well-maintained property features three fully self-contained units, each boasting 2 generously sized bedrooms and 1 full bathroom, offering excellent functionality and appeal. Each unit is separately metered, with 4 hydro meters in total, and tenants pay their own hydro a major plus for maximizing cash flow.The basement unit is bright and inviting with above-grade windows, creating a warm, main-floor feel that tenants love. The main floor unit is owner-occupied and will be delivered vacant on closing, making it ideal for those looking to move in and offset their mortgage with rental income from the other two units. This is an amazing turnkey opportunity with A+ tenants already in place, providing immediate income and peace of mind. Whether you're an investor looking to expand your portfolio or a homeowner searching for a multi-family property with excellent upside potential, this triplex checks all the boxes. Located in a vibrant, transit-accessible area, you're close to schools, shopping, parks, and major highways making this an attractive spot for quality tenants and long-term appreciation. Don't miss out on this rare offering in a high-demand location!
Location
Province ON
County Toronto
Community Stonegate-Queensway
Area Toronto
Rooms
Family Room Yes
Kitchen 3
Interior
Cooling Central Air
Exterior
Parking Features Private
Pool None
Roof Type Other
Building
Foundation Other