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Welcome to this remarkable 3-Storey triplex located in the coveted neighborhood of Mimico. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $2,500 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Welcome to 291 Royal York Road! Rarely offered 2-bedroom main floor apartment with a large private backyard and exclusive outdoor space in the heart of South Etobicoke. This bright and spacious home features a modern kitchen with stainless steel appliances, an updated bathroom, air conditioning, on-site laundry, and one parking space included. Step directly from the kitchen onto your private deck overlooking a fully fenced backyard-perfect for relaxing, gardening, entertaining, or enjoying outdoor living. New hardwood flooring will be installed prior to occupancy, providing a fresh and updated feel throughout the home. Located close to TTC, Mimico GO Station, parks, schools, restaurants, shops, and major highways, offering convenient access to downtown Toronto and the surrounding area.
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Carpet Free
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This could be the first listing for this address.
Data-driven valuation for 291 Royal York Road Main Floor, Toronto, ON M8V 2W1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $2,500 in Toronto, the legal minimum down payment is $125 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $13 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $13 also applies, bringing the total estimated land transfer taxes to $25.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.