230 Royal York Road, Toronto, ON
Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of Mimico. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $55 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.
- 0 Bedrooms and 0 Bathrooms
- Premium 70 x 160.5 ft lot size
- equipped with yes central cooling and highly efficient electric forced air heating
Description
230 Royal York Road introduces a brand-new 762 SF commercial opportunity at the base of a modern mass timber residential development in the heart of Mimico. This efficient corner unit offers strong visibility, new building systems, and a steady built-in customer base from residences above and the surrounding neighbourhood. Steps from Mimico Go, parks, libraries, schools & employment, the offering is ideal for service retail, wellness, specialty food, or neighbourhood conveniences looking to plant roots in a rapidly growing pocket of South Etobicoke.
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Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 230 Royal York Road, Toronto W06, ON M8V 2V9
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Mortgage & Affordability Audit
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About Purchasing a Home in Toronto, ON
For a property listed at $55 in Toronto, the legal minimum down payment is $3 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 $0 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $0 also applies, bringing the total estimated land transfer taxes to $1.
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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.
