190 Major Street,Toronto (University), ON M5S2L3
Toronto (University), ON M5S2L3
Description
Exceptional investment opportunity in the heart of Harbord Village, steps from the University of Toronto's downtown campus! This detached home offers 8 bedrooms, 3 kitchens and a bathroom on every level: 3 bedrooms on the main floor, 3 on the second floor and 2 in the finished basement with a separate entrance. Potential gross rental income of $7,600/month ($91,200/year) offers strong income potential and the opportunity for an attractive cap rate, depending on purchase price and operating expenses. Rental breakdown: $3,000 for the main floor, $3,000 for the second floor and $1,600 for the basement. The main and second floors are currently vacant, while the basement is tenanted. Vacant possession of the entire property can be provided, giving buyers the flexibility to select their own tenants. An exceptional location for student rentals, within walking distance of numerous U of T departments and campus facilities, offering the convenience of living steps from campus. Close to transit, restaurants, cafés, shops, Kensington Market and Bloor Street. A compelling opportunity to establish your own rental strategy in a sought-after downtown university neighbourhood! (id:13843)
Details
| MLS # | C14090034 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Status | Active |
| Days On Site | 19 |
| Listing Provided By | FIRST CLASS REALTY INC. | RONALD HUANG |
Features
| Bed(s) | 8 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 1,100 |
| Basement | Y |
| Story(s) | 2 |
Interior
| Cooling | Central air conditioning |
|---|---|
| Heating | Forced air, Natural gas |
| Fireplace Yes / No | No |
Exterior
| Foundation Details | Unknown |
|---|
Parking
| Parking Features | No Garage |
|---|---|
| Parking Total | 0 |
Utilities
| Sewer | Sanitary sewer |
|---|---|
| Water Source | Municipal water |
Taxes
| Tax Annual Amount | 8524 |
|---|
Area Information
| Province | ON |
|---|---|
| City | Toronto (University) |
| Postal Code | M5S2L3 |
| Listing VS Median (in M5S2L3) | |
Price: $1,590,000 low | high Med: $1,590,000 sqft: 1,100 low | high Med: 1,100 $ / sqft: $1,445 low | high Med: $1,445 On site: 19 low | high Med: 19 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Toronto (University) |
| Postal Code | M5S2L3 |
| Listing VS Median (in M5S2L3) | |
Price: $1,590,000 low | high Med: $1,590,000 sqft: 1,100 low | high Med: 1,100 $ / sqft: $1,445 low | high Med: $1,445 On site: 19 low | high Med: 19 | |
