For Sale - 190 Major Street, Toronto, Ontario

Est payment $7,635/mo
Views   1
Time on Jump  1 days
  • Great investment potential with a gross rental income of $7,600/month.
  • Detached home with 8 bedrooms and 3 kitchens for flexible living arrangements.
  • Located near the University of Toronto, perfect for student rentals.
  • Vacant possession available, allowing buyers to choose their own tenants.
  • Close to transit, shops, restaurants, and vibrant Kensington Market.



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!
Listing IDC14090034
Address190 Major Street
CityToronto, Ontario
Price$1,590,000
Bed / Bath8 / 3 Full
Style2-Storey, Detached
ConstructionOther
TypeResidential
StatusFor Sale
Subtype DetachedIndoor Features NoneOwnership FreeholdBasement Separate Entrance, FinishedFoundation UnknownHeating / Cooling Forced AirHeating Fuel GasSewer Sewer
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190 Major Street
Toronto , Ontario
8 3 $1,590,000
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