371 Royal York Road, Toronto, ON
Property Highlights
Welcome to this remarkable land 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 $1,499,000 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 33.46 x 168 ft lot size
Description
33.5 FT X 168 FT DEVELOPMENT OPPORTUNITY . SITE AREA 5,543 SQ FT . MIXED-USE DESIGNATION . CR3.0 ZONING . 16,630 SQ FT BUILDABLE "AS-OF-RIGHT" . MAJOR TRANSIT STATION AREA. 400 METERS FROM MIMICO GO STATION . DIRECT VIEW OF SANREMO , JIMMYS COFFEE , REVOLVER PIZZA . STEPS TO TRANSIT , NO FRILLS, MONTES PREMIUM MEATS , LOCAL SCHOOLS , PARKS, WATERFRONT , MIMICO YACHT CLUB, COSTCO , CINEPLEX, AND MORE! DIRECT ACCESS TO DOWNTOWN AND AIRPORT VIA GARDINER EXPRESSWAY.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 371 Royal York Road, Toronto W06, ON M8Y 2R1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $1,499,000 in Toronto, the legal minimum down payment is $299,800 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 $26,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $26,455 also applies, bringing the total estimated land transfer taxes to $52,910.
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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.