190 Major Street
University, Toronto, M5S 2L3
FOR SALE
$1,590,000
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6 + 2
BEDROOMS 3
BATHROOMS 2 + 1
KITCHENS 9 + 3
ROOMS C14090034
MLSID Contact Us
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!
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Nearby Intersections
Property Features
None, None
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Property Details
Address
190 Major Street
Community
City
Postal Code
M5S 2L3
Property Type
Detached, Detached
Lot Size
19' x 120'
Taxes
$8,524 (2026
Basement
Separate Entrance, Finished
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Garage Type
None
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Listing contracted with First Class Realty Inc.
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