Toronto (stonegate-queensway), ON M8Y2S7,555 ROYAL YORK ROAD
Toronto (stonegate-queensway), ON M8Y2S7,555 ROYAL YORK ROAD
Toronto (stonegate-queensway), ON M8Y2S7,555 ROYAL YORK ROAD
Toronto (stonegate-queensway), ON M8Y2S7,555 ROYAL YORK ROAD
Toronto (stonegate-queensway), ON M8Y2S7,555 ROYAL YORK ROAD
Toronto (stonegate-queensway), ON M8Y2S7,555 ROYAL YORK ROAD
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$ 1,799,988
Est. payment | /mo

6 Beds

3 Baths

1,500 SqFt


Save
$ 1,799,988
Est. payment | /mo
Save

6 Beds

3 Baths

1,500 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,500 sqft

Price per Sqft $1,199

Subdivision Stonegate-Queensway

MLS® Listing ID W12083413

Bedrooms 6

Originating Board Toronto Regional Real Estate Board

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! (id:24570)

Location

Province ON

Rooms

Kitchen 3.0

Extra Room 1 Second level Measurements not available Living room

Extra Room 2 Second level Measurements not available Dining room

Extra Room 3 Second level Measurements not available Primary Bedroom

Extra Room 4 Second level Measurements not available Bedroom 2

Extra Room 5 Second level Measurements not available Kitchen

Extra Room 6 Lower level Measurements not available Dining room

Interior

Heating Forced air

Cooling Central air conditioning

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 6

Private Pool No

Building

Story 2

Sewer Sanitary sewer

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Listed by SUTTON GROUP-ADMIRAL REALTY INC.
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555 ROYAL YORK ROAD