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    Toronto / Etobicoke / Mimico

    422 - 8 Drummond St

    For SaleRoyal York Townhomes
    $779,000
    2 Beds
    3 Bath
    1 Parking
    1,125 SQFT
    Just Listed
    Est Sell Timeframe
    7 Days

    Listing History

    Unit Highlights

    Property Type:
    Townhouse
    Maintenance Fees:
    $458/mth
    Taxes:
    $3,333 (2024)
    Cost Per Sqft:
    $692/sqft
    Locker:
    None
    Outdoor Space:
    Terrace
    Exposure:
    South East
    Possession Date:
    90/TBA
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Laminate, Combined with Dining, Walkout To Balcony
    10.93 x 9.58ft
    Dining
    Laminate, Combined with Living
    14.37 x 7.94ft
    Kitchen
    Tile Floor, Breakfast Bar, Stainless Steel Appliances
    10.07 x 9.91ft

    About this Listing

    Welcome to this stunning stacked townhouse in the heart of Mimico! This bright & airy 2-bedroom ft. a rare 3-bathroom layout, 1,170 sq ft of beautiful open-concept living space, plus an incredible rooftop terrace! Great kitchen counter space w/ lots of storage, breakfast bar overhang & S/S Appliances! The home features custom California shutters throughout, smoothed ceilings on main floor w/ pot lights, engineered hardwood floors & quiet courtyard view! The second level features an ideal layout with a large principal suite incl. double closets & an ensuite bath. Just steps from the Mimico GO Station, TTC bus stops, excellent schools, top-rated shopping, Jimmy's Coffee, Sanremo Bakery, waterfront trails, and more! Welcome home to Mimico living at its finest!

    ExtrasThe crown jewel is the private rooftop terrace w/ bonus shade reprieve on hot sunny days! Whether you're soaking up the sun or hosting friends, this space is truly your personal oasis! "Other" refers to terrace.

    re/max ultimate realty inc.MLS® #W9398044

    Amenities

    Rooftop Deck
    Visitor Parking
    Bike Storage
    BBQs Allowed

    Explore Neighbourhood

    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 Listings

    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%

    Price Trends

    Maintenance Fees

    Royal York Townhomes vs The Mimico Area

    Building Trends At Royal York Townhomes

    Days on Strata

    Units at Royal York Townhomes spend an average of
    9
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    3%
    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
    4.4
    YEARS before being sold again

    Property Value

    3%
    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

    10
    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$717$703$643
    Avg. Wait for Unit Availability86 Days28 Days1132 Days471 Days
    Ratio of Units in Building26%70%3%3%

    Transactions vs Inventory

    Total number of units listed and sold in Mimico