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$ 1,590,000
Est. payment /mo
New
190 Major ST Toronto C01, ON M5S 2L3
6 Beds
3 Baths
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1100-1500
Municipality Toronto C01
Subdivision University
MLS Listing ID C14090034
Style 2-Storey
Bedrooms 6
Annual Tax Amount $8,524
Tax Year 2026
Property Sub-Type Detached
Property 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!
Location
State ON
County Toronto
Community Toronto C01
Area Toronto
Rooms
Family Room No
Basement Separate Entrance, Finished
Kitchen 3
Separate Den/Office 2
Interior
Interior Features None
Heating Yes
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Parking Features None
Pool None
Roof Type Asphalt Shingle
Lot Frontage 19.0
Lot Depth 120.0
Building
Foundation Unknown
Others
ParcelsYN No
Virtual Tour https://youtu.be/K3Dl9mDXFNA
Listed by FIRST CLASS REALTY INC.