256 ROYAL YORK Road 114, Toronto W06

$745,900
256 ROYAL YORK Road 114

$745,900

New
22d
Condo TownhouseStacked Townhouse

256 ROYAL YORK Road 114, Toronto W06

Total Monthly Obligation $3,874

Beds
2
Baths
2
Park
1
Sqft
1000-1199
DOM
22d
Score
17
Yield
4.6%
Cash on Cash
-6.0%
Cap Rate
3.3%
5Y IRR
10.8%
10Y IRR
10.9%
Property Type-Condo Townhouse
MLS® Number-W13848010
Beds-2
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Oct 1, 2026
Style-Stacked Townhouse
Building Type-Condo Townhouse
Taxes-$3,130.63 (2025)
Maintenance-$404.17/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-HOMELIFE/MIRACLE REALTY LTD
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick, Concrete
Roof-Asphalt Shingle
Possession-Immediate
Neighbourhood-Mimico
Title-Residential Condo & Other

No agent assigned

The Royal York! Prestigious Urban Towns Nestled in the heart of vibrant Mimico, steps to LAKE Ontario, Mimico GO Station & TTC, top rated schools, parks, major grocery stores, rec centres & Toronto Public library; surrounded by lively restaurants, bars, & cafes, easy access to Gardiner/QEW & HWY 427. Enjoy everything at your fingertips making commute in all directions a breeze. The perfect balance between work, live, & play! Presenting this young, corner stacked town offering 2 beds, 2 baths, over 1000sqft of LOW-maintenance single-level living space w/ parking. Calling all first-time home buyers & buyers looking to downsize! Bright naturally-lit foyer presents open-concept versatile layout. Large front living room ideal for family entertainment with an abundance of windows providing North & East exposure. *Hardwood flooring thru-out the common areas* Formal dining space precisely designed for buyers looking to host. Eat-in family style kitchen upgraded w/ tall custom cabinetry, quartz counters, SS appliances, Dedicated Walk-in pantry, & breakfast bar. Venture down the hall past the convenient ensuite laundry to the cozy Primary bed w/ walk-through closet into 3-pc hotel style ensuite & private patio balcony exhibiting peaceful views of the courtyard great for kids & pets alike. Spacious 2nd bedroom excellent for home office, childrens bedroom, guest accommodation & much more! RARE opportunity to purchase a spacious 2 bed townhouse in PRIME location. Must See!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$596,720
Land Transfer Taxes$11,393
Legal Fees (Est.)
$
Total cash required for closing$162,073

Total Monthly Obligation

$3,874/mo
Mortgage $3,009
Monthly Loss $3,082
Principal$792
Interest$2,217
Property Tax$261
Condo Fees$404
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-9.8%1
5-Year IRR
7.9%23
10-Year IRR
9.0%
Returns Index
12.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$34,140/yr
NOI
$20,345/yr
Net Cash Flow
-$1,313/mo
Cash Margin
-46.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.566
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo40
Risk Index
21.4/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 256 ROYAL YORK Road 114

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.