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    250-256 Royal York Road & 6-10 Drummond Street

    Royal York Townhomes
    2for Sale
    4for Rent

    Building Details

    Property Type:
    Townhouse
    Number of Storeys:
    2
    Number of Units:
    104
    Condo Completion:
    2017
    Condo Demand:
    High
    Unit Size Range:
    508 - 1,390 SQFT
    Unit Availability:
    Medium
    Property Management:

    Listing History for Royal York Townhomes

    Receive listing updates for Mimico

    Amenities

    BBQs Allowed
    Rooftop Deck
    Visitor Parking
    Bike Storage

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 250-256 Royal York RoadRoyal York Townhomes

    Located at 250-256 Royal York Road, Royal York Townhomes is a 2-storey condo containing 104 units. These Toronto condos for sale were completed in 2017 with units starting at 508 square feet, ranging up to 1390 square feet. What makes a Mimico condo for sale most appealing is all that the neighbourhood has to offer.

    This condo has a high demand ranking per Strata.ca analytics and a Walk Score of 80. Maintenance fees at 250-256 Royal York Road are only $0.35, significantly lower than the city average of about $0.67 per-square-foot.

    The Suites

    We’ve aggregated a number of stats at 250-256 Royal York Road. Here are some highlights: In the past 12 months, 9 units have sold, and 9 have been rented. Meanwhile, property values here have increased by 1.3%.

    Units at Royal York Townhomes have a medium likelihood of receiving more than one offer, and on average they sell for 1.59% above the listed price. Suites here have an average cost per-square-foot of $696 based on sales over the past 12 months, and the median time a unit spends on the market is 16 days.

    The Neighbourhood

    Those who call this condo home never have to travel far for dining out, as Japanese Fast Food-Ya!, Nobuya and Frecles Fox Restaurant are all within 4 minutes walking distance from 250-256 Royal York Road. If you enjoy grabbing coffee locally, then you’ll love the fact that you can walk less than 16 minutes to get to Lesleys, Jimmy’s Coffee and Sidenote.

    Grocery shopping can feel like a chore — but not when Mario & Selina's No Frills, Sanremo Bakery and Joanne's Urban Pantry are just an easy 15-minute walk away.

    Planning for your future is easy with BMO Bank of Montreal and RBC Royal Bank in the area.

    Having Coronation Park - Etobicoke and Stanley Avenue Park within 8 minutes walking distance is invaluable, considering easy access to green spaces can dramatically improve your quality of life.

    Enhance your personal style while living in the Mimico neighbourhood by visiting Summerhill Plaza, Seaway Plaza and Costco Wholesale.

    Art and culture seekers can enjoy amazing attractions nearby like Northwood Collections, Art Maison Canada and ORB, less than 15 minutes walking distance from here.

    There are plenty of nearby school choices — Seventh Street Junior School — with more in neighbouring areas so you can find the best school for your child’s needs. If you're open to commuting, a quick transit ride offers even more options, including Karen Kain School of the Arts.

    Transportation

    If you commute by public transit then the Mimico neighbourhood is a great choice, as you’ll find the Royal York Rd At Cavell Ave South Side light transit stop makes it easy to get around. Royal York isn’t within a close walking distance, but you can drive there in about 11 minutes.

    There are several similar condos in the area, such as 11 Superior Avenue, 112-116 Evans Avenue and 2287 Lake Shore Boulevard W — all worth checking out.

    Reviews for Royal York Townhomes

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    2

    Listings For Sale

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    4

    Listings For Rent

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    Explore Mimico

    8/10
    Walkability
    You’re in stride with amenities—most of your needs are just a playlist away.
    7/10
    Transit
    Transit's there for you, like a loyal golden retriever.
    6/10
    Bikeability
    The bike lane starts to feel like a second home.

    Similar condos

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    23,316
    Average Individual Income
    $64,286
    Average Household Size
    3 persons
    Average Age
    45
    Average Household Income
    $109,977
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    14%
    15 - 19
    1%
    20 - 34
    21%
    35 - 49
    19%
    50 - 64
    23%
    65+
    20%
    Household Income
    $0 - $30,000
    49%
    $30,000+
    24%
    $60,000+
    13%
    $90,000+
    7%
    $125,000+
    4%
    Housing Types & Tenancy
    Detached
    36%
    Semi Detached
    26%
    High Rise Apartment
    20%
    Low Rise Apartment
    11%
    Duplex
    5%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    58%
    Mandarin
    14%
    Other
    13%
    Cantonese
    10%
    Tagalog
    2%
    Spanish
    1%
    Korean
    1%
    Tamil
    1%
    Education
    University and Above
    33%
    High School
    27%
    None
    16%
    College
    15%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    20%
    Health & Related Fields
    12%
    Social Sciences
    10%
    Math & Computer Sciences
    7%
    Education
    5%
    Humanities
    4%
    Physical Sciences
    4%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    3%

    Maintenance Fees

    Royal York Townhomes vs The Mimico Area

    Days on Strata

    Units at Royal York Townhomes spend an average of
    16
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    above
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Mimico

    Turnover of Units

    On average, each unit is owned for
    4.5
    YEARS before being sold again

    Property Value

    1%
    Increase in property value within the past twelve months

    Price Ranking

    41st
    Highest price per SQFT out of 57 condos in the Mimico area

    Sold Units

    9
    Units were Sold over the past twelve months

    Rented Units

    9
    Units were Rented over the past twelve months

    Best Value Rank

    Royal York Townhomes offers the
    ?
    best value out of 57 condos in the Mimico neighbourhood

    Appreciation Rank

    Royal York Townhomes has the
    ?
    highest ROI out of 57 condos in the Mimico neighbourhood

    Rental Yield

    Royal York Townhomes yields the
    ?
    highest rent prices out of 57 condos in the Mimico neighbourhood

    High Demand

    Royal York Townhomes is the
    ?
    most popular building out of 57 condos in the Mimico neighbourhood

    Transaction Insights at 250-256 Royal York Road

    1 Bed2 Bed2 Bed + Den3 Bed
    Price Range$517,500$760,000 - $875,000$872,500 - $912,500$995,000
    Avg. Cost Per Sqft$1,054$709$703$643
    Avg. Wait for Unit Availability86 Days28 Days1132 Days471 Days
    Ratio of Units in Building25%69%3%4%

    Unit Sales vs Inventory

    Total number of units listed and sold in Mimico