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Listed by Sutton Group-Admiral Realty Inc..
555 Royal York Road is a Triplex, 2-Storey and is currently for Sale @ $1,799,988. Taxes in 2024 were $5,443.35.
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Incredible Investment Opportunity in Prime Toronto Location! Welcome to 555 Royal York Rd, ararely offered legal triplex situated on a massive 50 ft frontage lot with 6 legal parking spacesa true gem for investors or end-users alike. The 2-Storey on 555 Royal York Road has 4 bedrooms, 3 bathrooms, and is located on a 101.51 x 50 ft lot in the community of Stonegate-Queensway . This solid, well-maintained property features three fully self-contained units, each boasting 2 generously sized bedrooms and 1 full bathroom, offering excellent functionality and appeal. Each unit is separately metered, with 4 hydro meters in total, and tenants pay their own hydro a major plus for maximizing cash flow.The basement unit is bright and inviting with above-grade windows, creating a warm, main-floor feel that tenants love. The main floor unit is owner-occupied and will be delivered vacant on closing, making it ideal for those looking to move in and offset their mortgage with rental income from the other two units. This is an amazing turnkey opportunity with A+ tenants already in place, providing immediate income and peace of mind. Whether you're an investor looking to expand your portfolio or a homeowner searching for a multi-family property with excellent upside potential, this triplex checks all the boxes. Located in a vibrant, transit-accessible area, you're close to schools, shopping, parks, and major highways making this an attractive spot for quality tenants and long-term appreciation. Don't miss out on this rare offering in a high-demand location!
Existing appliances in each unit. Tenants belongings excluded. Washer/Dryer, 4 separate hydrometers.
The address 555 Royal York Road was listed for sale (MLS# W12083413) on Tuesday, April 15, 2025.