$1,595,000

For sale

78 Royal York Road, Toronto (Mimico) - Single Family for Sale

78 Royal York Road, Toronto (Mimico), Ontario, M8V2T8

3 beds3 baths2 parking1,750 ft²34 × 92 ft (3,082 sq ft) lot sizeListed 16 days ago

Overview

This 3-bedroom, 3-bathroom home in Toronto is for sale offering roughly 1,750 sq ft of space. It has been on the market 16 days, fresher than the Toronto average of 56 days.

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Description

"The Mission Of An Architect Is To Help People Understand How To Make Life More Beautiful, The World A Better One For Living In, And To Give Reason, Rhyme, And Meaning To Life" - Frank Lloyd Wright. Live Like Royalty On Royal York In This Stunning Tudor-Style Castle! Meticulously & Lovingly Hand-Crafted. Traditional Charm W/ A Touch Of Modern Sensibilities. Dual-Facade Exterior: Solid Brick W/ James Hardie Fibre-Cement (Fire-Rated Cladding) W/ Large Front Porch, Secluded Backyard Oasis & B/I Garage W/ Private Drive On Lake Cres. Awe-Inspiring Cathedral Ceilings In Primary Bedroom W/ Massive 5pce Ensuite, W/I Closet, Gorgeous Herringbone Flooring & In-Floor Heating. Custom Finishes/Features Throughout: Exposed Brick Backsplash, Wood Trim & Too Many Upgrades To List! Carson Dunlop Pre-List Inspection Report Available. Steps To Mimico GO, Humber Bay Shores, Mimico Village W/ Cafes/Shops/Resto's, San Remo Bakery, Jimmy's Coffee, Revolver Pizza, The Lake & Walking Trails. 10-15 Mins To Downtown/Airport. Truly Fit For A King, Queen & Royal Family! (id:66096)

Property Details

MLS®: W14094844
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 3
Half Baths: 1
Parking: 2
Interior Size: 1,750 ft²
Lot Size: 34 × 92 ft (3,082 sq ft)
Frontage: 34 ft
Storeys: 2
Basement: Finished, N/A
Heating: Radiant heat, Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage
Fireplace: Yes
Ownership: Freehold
Property Tax

Rooms

Main level

Living room: 3.48 x 5.69 meters
Dining room: 3.33 x 3.42 meters
Kitchen: 3.05 x 5.72 meters
Eating area: 2.65 x 2.07 meters

Lower level

Family room: 3.08 x 2.8 meters
Laundry room: 3.42 x 2.68 meters
Cold room: 2.18 x 2.73 meters
Bathroom: 0.98 x 2.5 meters
Recreational, Games room: 5.69 x 2.73 meters

Second level

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Hood Fan, Window Coverings
Flooring: Concrete, Tile
Foundation: Block, Concrete
Exterior: Brick
Lot Features: Carpet Free

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

16d

Toronto (Mimico) listings, avg age

56d

Price / ft²

$911

List price

$1.59M

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 3-bed single family in Toronto (Mimico) has been listed for 16 days, which is 40 days fresher than the city average of 56. Act while there is still low competition.

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Listed by KELLER WILLIAMS REFERRED URBAN REALTY · JOEL KEITNER

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M8V)

This home lists at $1,595,000, about 20.2× the local median household income of $79,000.

Carrying it typically needs a household income of about $311,559 (20% down, 25-yr amortization, stress-tested) — roughly 294% above the area median.

Median household income: $79,000
Population: 44,144
Median age: 40
Owner / renter: 49% / 51%
Avg. household size: 1.9

Source: Statistics Canada, 2021 Census (FSA M8V)

$1,595,000· $911/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $319,000

Min 20%50%

Mortgage payment$6,802/mo

Property tax (est.)$441/mo

Total monthly$7,243

Cash Needed to Close

Down payment (20%)$319,000

Land transfer tax$56,750

Est. closing costs$7,285

Total cash needed$383,035

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