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New4 hours ago

114 - 256 ROYAL YORK Road

Mimico, Toronto

$745,900

Condo Townhouse |
2 | 2 | 1 | 0
About this home

The Royal York! Prestigious Urban Towns Nestled in the heart of vibrant Mimico, steps to LAKE Ontario, Mimico GO Station & TTC, top rated schools, parks, major grocery stores, rec centres & Toronto Public library; surrounded by lively restaurants, bars, & cafes, easy access to Gardiner/QEW & HWY 427. Enjoy everything at your fingertips making commute in all directions a breeze. The perfect balance between work, live, & play! Presenting this young, corner stacked town offering 2 beds, 2 baths, over 1000sqft of LOW-maintenance single-level living space w/ parking. Calling all first-time home buyers & buyers looking to downsize! Bright naturally-lit foyer presents open-concept versatile layout. Large front living room ideal for family entertainment with an abundance of windows providing North & East exposure. *Hardwood flooring thru-out the common areas* Formal dining space precisely designed for buyers looking to host. Eat-in family style kitchen upgraded w/ tall custom cabinetry, quartz counters, SS appliances, Dedicated Walk-in pantry, & breakfast bar. Venture down the hall past the convenient ensuite laundry to the cozy Primary bed w/ walk-through closet into 3-pc hotel style ensuite & private patio balcony exhibiting peaceful views of the courtyard great for kids & pets alike. Spacious 2nd bedroom excellent for home office, childrens bedroom, guest accommodation & much more! RARE opportunity to purchase a spacious 2 bed townhouse in PRIME location. Must See!

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Townhouse
StyleStacked Townhouse
Approx. AgeNot available
Size1000-1199 sq. ft.
Maintenance Fees$404
LockerNone
BalconyOpen
ExposureEast
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$3,131
mls© NumberW13848010
Listed ByHOMELIFE/MIRACLE REALTY LTD
Building Insurance Included
Common Elements Included
Parking Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,818
Property tax
$261
Heat allowance
$150
Condo fees, half counted
$202
Housing costs
$4,431 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $149,180
25-yr amortization

Income needed

$136,000

gross annual household income

Payment at 4%
$3,139 / mo
Cash down
$149,180

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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