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Home ON Greater Toronto Area Toronto Etobicoke The Queensway
555 ROYAL YORK ROAD
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555 ROYAL YORK ROAD $1,799,988
$1,799,988
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555 ROYAL YORK ROAD
Toronto (Stonegate-Queensway), Ontario M8Y2S7

MLS® Number: W12083413
4 + 2
Bedrooms
3
Bathrooms
1500 - 2000
Square Feet

Listing 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! (40252590)

Location Description

Royal York Rd/The Queensway

Property Summary

Property Type
Multi-family
Building Type
Triplex
Storeys
2
Square Footage
1500 - 2000 sqft
Community Name
Stonegate-Queensway
Land Size
50 x 101.5 FT
Annual Property Taxes
$5,443.35
Parking Type
No Garage
Time on REALTOR.ca
11 days

Building

Bedrooms
Above Grade
4
Below Grade
2
Bathrooms
Total
3
Interior Features
Appliances Included
Dryer, Washer
Basement Features
Apartment in basement, Walk-up
Basement Type
N/A
Heating & Cooling
Cooling
Central air conditioning
Heating Type
Forced air (Natural gas)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Parking
Parking Type
No Garage
Total Parking Spaces
6

Measurements

Square Footage
1500 - 2000 sqft

Rooms

Main level
Living room
Kitchen
Primary Bedroom
Bedroom 2
Second level
Living room
Dining room
Primary Bedroom
Bedroom 2
Kitchen
Lower level
Dining room
Kitchen
Primary Bedroom
Bedroom 2
Living room

Land

Lot Features
Frontage
50 ft
Land Depth
101 ft ,6 in
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1

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