190 Major Street, Toronto, ON M5S 2L3

About this property

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!

Property facts & features

Property type

Detached

MLS® number

C14090034

Source status

New

Bedrooms

8

Bathrooms

3

Reported interior area

Not provided

Neighbourhood

Not provided

Postal code

M5S 2L3

Parking spaces

0

Garage

None

Lot depth (source units)

120

Annual property tax

8524

Basement

Separate Entrance, Finished

Laundry

Not provided

Interior features

None

Exterior features

Not provided

Values and units are reported by the listing source. Verify measurements and fees with the brokerage.

Floor plans & room measurements

Floor plans and verified room measurements are not available for this property.

Property value & listing history

Multi-event history, valuations and sold comparables require verified property identity and display permissions. No historical events or estimated values have been inferred.

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Planning estimate with Canadian semiannual compounding. Excludes mortgage insurance, closing costs and special assessments. This is not a lender quote or mortgage approval.

Location & neighbourhood

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