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    Toronto / Etobicoke / Mimico

    401 - 8 Drummond St

    For RentRoyal York Townhomes
    $3,000/mth
    2 Beds
    2 Bath
    1 Parking
    1,074 SQFT
    50 Days on Strata
    Est Lease Timeframe
    17 Days

    Listing History

    Unit Highlights

    Possession Date:
    December 1, 2024
    Lease Term:
    1 Year
    Property Type:
    Townhouse
    Utilities Included:
    No
    Outdoor Space:
    Terrace
    Furnished:
    No
    Exposure:
    East
    Locker:
    None
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Air Conditioning
    Parking
    Building Maintenance
    Excluded
    Hydro
    Heat
    Water

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Room dimensions are not available for this listing.

    About this Listing

    Discover one of the most desirable units at Royal York Urban Towns, nestled in the vibrant heart of Mimico. This stylish two-bedroom, two-bathroom stacked townhome spans two levels, offering a smart layout and a range of modern upgrades, including Whirlpool appliances (stove, low-profile microwave, fridge), a Nest thermostat, and sleek under-cabinet lighting. With its prime location just a short stroll to the Mimico GO Station and quick access to Union, this home combines convenience and contemporary living in a sought-after neighborhood. The property is located just a 5-minute walk from Mimico GO Station and only a 15-minute drive to downtown Toronto. You'll find the convenience of a No Frills grocery store directly across the street, making daily shopping easy. The renowned San Remo Bakery, known for its Italian specialties, is within walking distance. Families will appreciate having excellent schools and daycares just steps away, while beautiful lakefront parks nearby offer

    ExtrasCommon Elements, Building Insurance, Parking

    housesigma inc.MLS® #W10415046

    Amenities

    BBQs Allowed
    Visitor Parking
    Rooftop Deck
    Bike Storage

    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
    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

    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$709$703$643
    Avg. Wait for Unit Availability86 Days28 Days1132 Days471 Days
    Ratio of Units in Building25%69%3%4%

    Transactions vs Inventory

    Total number of units listed and leased in Mimico