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190 Major St, Toronto, ON

Name: 190 Major St, For Sale in Toronto - eXp Realty
Brand: FIRST CLASS REALTY INC.
SKU: C14090034
Price: 1590000 CAD

House

For Sale

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830

MLS® C14090034

Property Details
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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! (id:58753)Show Description

Key Facts

Type Single Family Residence

Levels Residential

Size -

Garage Yes

Taxes $8,524

Days Active 8

MLS® Number C14090034

Central VacNo

FireplaceNo

GarageYes

BasementFinished, Separate entrance, N/A

DrivewayNo Garage

HeatForced air, Natural gas

A/CCentral air conditioning

Additional Information

Sewage System Other

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