190 MAJOR STREET, Toronto (University), Ontario, M5S2L3
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:2471)
McConkey Real Estate Corp. Brokerage
- 705-931-0271
- 705-745-4321
- johnmcconkey11@gmail.com
- Property Address: 190 MAJOR STREET, Toronto (University), Ontario, M5S2L3
- Community Name: University
- Property Type: Single Family
- Title: Freehold
- Lot Size: 19 x 120 FT
- Acreage: 19 x 120 FT
- Sewage Type: Sanitary sewer
- Water Type: Municipal water
- Driveway: No Garage
- Structure Style: House
- Style: Detached
- Storeys: 2
- Floor Space: 1100 - 1500 sqft
- Bedrooms: 6 + 2
- Bathrooms: 3-Total
- Basement Type: N/A, N/A (Finished)
- Heating Type: Natural gas, Forced air
- Cooling: Central air conditioning
- Flooring: Hardwood
- Foundation Type: Unknown
| Type | Level | Dimensions |
|---|---|---|
| Kitchen | Second level | 3.1 m x 2.58 m |
| Bedroom | Second level | 3.96 m x 3.03 m |
| Bedroom | Second level | 2.47 m x 2.58 m |
| Bedroom | Second level | 2.47 m x 2.42 m |
| Bedroom | Basement | 2.41 m x 2.42 m |
| Bedroom | Basement | 2.35 m x 2.3 m |
| Kitchen | Basement | 3 m x 2.42 m |
| Bedroom | Ground level | 4 m x 2.85 m |
| Bedroom | Ground level | 3.9 m x 2.36 m |
| Kitchen | Ground level | 3.1 m x 2.58 m |
| Bedroom | Ground level | 2.82 m x 2.75 m |
Listing Office: FIRST CLASS REALTY INC.
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