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172 Royal York Road, Mimico M8V 2V4

Price

$1,799,850

Bedrooms

5 Beds

Bathrooms

6 Baths

Size

2500-3000 sqft

Year Built

Not listed

Property Type

House

Property Taxes

Not listed

Explore A Virtual Tour

Description

Positioned In The Heart Of Mimico, This Distinctive 3-Storey Residence Presents An Exceptional Blend Of Versatility, Privacy & Income Potential. Offering 5+1 Bedrooms & 6 Bathrooms, The Thoughtfully Configured Layout Can Accommodate Multi-Generational Families, Owner-Occupied Living With Rental Income, Or A Fully Self-Contained 3-Unit Arrangement With Separate Entrances. Quality Construction Is Complemented By Energy-Efficient Spray Foam Insulation & Enhanced Soundproofing, Creating A Comfortable & Quiet Interior With Improved Energy Performance. Contemporary Finishes Throughout Include Luxury Vinyl Flooring, Custom Cabinetry, Designer Pot Lighting, Oversized Windows & Spa-Inspired Ensuite Bathrooms. The Main Level Features 9-Ft Ceilings & An Open-Concept Kitchen And Living Area Anchored By A Striking Quartz Waterfall Island. A Main-Level Bedroom With Its Own Entrance & Ensuite Adds Valuable Flexibility For Guests, Extended Family Or Rental Use. Upstairs, Spacious Bedrooms With Private Ensuites Provide Comfort & Independence, While Access To Outdoor Spaces Further Enhances The Living Experience. A Stylish Loft-Style Area With Its Own Entrance Offers Additional Flexibility, Functioning As A Private Retreat, Extended Family Space Or Independent Accommodation. The Bright Lower-Level Suite Completes The Home With Its Own Open-Concept Kitchen & Living Area, Bedroom With Ensuite & Private Laundry. Set On An Expansive Lot With Parking For Up To 8 Vehicles & A Detached Storage Shed, The Property Is Ideally Situated Close To Humber College, Sanremo Bakery, Waterfront Trails, Public Transit, The GO Station & Major Highways. An Outstanding Opportunity For Buyers Seeking A Spacious, Adaptable Home With Multiple Living Configurations & Strong Long-Term Value.

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The Property Location

Calculate Your Monthly Mortgage Payments

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Total Monthly Payment

$6,966 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$1,439,880

Total Interest Payments

$887,774

Total Payment (Principal + Interest)

$2,327,654

Get An Estimate On Selling Your House

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Estimated Net Proceeds

$68,000

Realtor Fees

$25,000

Total Selling Costs

$32,000

Sale Price

$500,000

Mortgage Balance

$400,000

Meet Ken Matsumoto

Meet Ken Matsumoto

A highly successful and experienced real estate agent, Ken has been serving clients in the Greater Toronto Area for almost two decades. Born and raised in Toronto, Ken has a passion for helping people find their dream homes and investment properties has been the driving force behind his success. He has a deep understanding of the local real estate market, and his extensive knowledge and experience have earned him a reputation amongst his clients as a trusted and reliable partner when dealing with their real estate needs.

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