190 Major Street Toronto, Ontario M5S 2L3

8 Bedroom 3 Bathroom 1,100 - 1,500 sqft
Central Air Conditioning Forced Air

$1,590,000

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:50787)

Property Details

MLS® Number C14090034
Property Type Single Family
Community Name University
Equipment Type Water Heater
Rental Equipment Type Water Heater

Building

Bathroom Total 3
Bedrooms Above Ground 6
Bedrooms Below Ground 2
Bedrooms Total 8
Basement Development Finished
Basement Features Separate Entrance
Basement Type N/a, N/a (finished)
Construction Style Attachment Detached
Cooling Type Central Air Conditioning
Flooring Type Hardwood
Foundation Type Unknown
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 1,100 - 1,500 Sqft
Type House
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 120 Ft
Size Frontage 19 Ft
Size Irregular 19 X 120 Ft
Size Total Text 19 X 120 Ft

Rooms

Level Type Dimensions
Second Level Kitchen 3.1 m x 2.58 m
Second Level Bedroom 3.96 m x 3.03 m
Second Level Bedroom 2.47 m x 2.58 m
Second Level Bedroom 2.47 m x 2.42 m
Basement Bedroom 2.41 m x 2.42 m
Basement Bedroom 2.35 m x 2.3 m
Basement Kitchen 3 m x 2.42 m
Ground Level Bedroom 4 m x 2.85 m
Ground Level Bedroom 3.9 m x 2.36 m
Ground Level Kitchen 3.1 m x 2.58 m
Ground Level Bedroom 2.82 m x 2.75 m

https://www.realtor.ca/real-estate/30414730/190-major-street-toronto-university-university

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