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Stuart McKerrow pic stuart.mckerrow@gmail.com Sutton Group - Associates Realty Inc., Brokerage Independently owned and operated. pic 358 Davenport Road, Toronto, Ontario M5R 1K6 pic Office: 416-966-0300 | Fax: 416-966-0080 | Cell: 416-856-6810

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$1,325,000
Available - For Sale
Listing ID: W12647846
Exceptional **Student Housing Investment Opportunity** in a prime *North York* location, directly across from York University, one of Canada's largest universities with consistently strong rental demand. This semi-detached residential property has been purpose-built and optimized for student rentals, offering *10 spacious bedrooms and 6 full washrooms*, along with a double car garage and efficient layout designed for maximum cash flow. Each bedroom is separately leased, significantly reducing vacancy risk and enhancing rental stability. The property is fully leased with a strong gross monthly rent of $9,200, translating to an impressive gross annual income of $110,400. Offered at $1,325,000, this asset delivers an attractive *ROI of approximately 8.33%*, making it a compelling option for investors seeking immediate income with long-term appreciation potential. Located steps from Main University campus, transit, shopping, dining, and everyday amenities, this property benefits from constant student demand, ensuring reliable occupancy year after year. Purpose-driven student housing in this location is increasingly scarce, positioning this offering as a solid, recession-resilient investment within the Toronto market. The surrounding neighborhood is exceptionally well-serviced, with excellent transit connectivity, including nearby TTC routes and subway access, ensuring seamless commuting across Toronto. Tenants enjoy close proximity to shopping centres, grocery stores, restaurants, cafes, banks, and everyday amenities. Ideal for investors looking to expand their portfolio with a turn-key, cash-flow-positive asset in a high-growth rental corridor. Excellent income today with strong upside potential tomorrow. A rare opportunity to acquire a well-performing student rental property in one of North York's most sought-after university locations. Income, measurements, and zoning etc to be verified by buyers and their agents.
Price $1,325,000
Taxes: $6,084
Occupancy by: Tenant
Address: 377 Assinboine Road , Toronto, M3J 0A6, Toronto
Directions/Cross Streets: Keele/Finch @ York University
Rooms: 12
Rooms +: 4
Bedrooms: 7
Bedrooms +: 3
Washrooms: 6
Family Room: F
Basement: Separate Ent
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Main Living Ro 0 0 W/O To Yard, Laminate, Combined w/Dining
Room 2: Main Bedroom 0 0 Laminate, Large Window, Closet
Room 3: Main Kitchen 0 0 Stainless Steel Appl, Quartz Counter, Open Concept
Room 4: Main Bathroom 0 0 3 Pc Bath, Separate Shower, Ceramic Floor
Room 5: Second Primary B 0 0 4 Pc Ensuite, Walk-In Closet(s), Large Window
Room 6: Second Bedroom 2 0 0 Laminate, Closet, Window
Room 7: Second Bedroom 3 0 0 Laminate, Closet, Window
Room 8: Second Bathroom 0 0 3 Pc Ensuite, Separate Shower, Ceramic Floor
Room 9: Third Primary B 0 0 4 Pc Ensuite, W/O To Terrace, Laminate
Room 10: Third Bedroom 2 0 0 Laminate, Closet, Window
Room 11: Third Bedroom 3 0 0 Laminate, Closet, Window
Room 12: Third Bathroom 0 0 3 Pc Bath, Separate Shower, Ceramic Floor
Room 13: Basement Bedroom 0 0 Laminate, Window, Closet
Room 14: Basement Bedroom 2 0 0 Laminate, Window, Closet
Room 15: Basement Bedroom 3 0 0 Laminate, Window, Closet
No. of Pieces Level
Washroom 1:  3 Flat
Washroom 2:  3 Second
Washroom 3:  3 Third
Washroom 4:  3 Basement
Washroom 5:  0
Property Type: Semi-Detached
Style: 2-Storey
Exterior: Brick
Garage Type: Detached
(Parking/)Drive: Private
Drive Parking Spaces: 0
Park #1
Parking Type: Private
Park #2
Parking Type: Private
Pool: None
Approximatly Square Footage: 2000-2500
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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CITYSCAPE REAL ESTATE LTD.

377 Assinboine Road , Toronto, M3J 0A6, Toronto

Personal Picture
Stuart McKerrow
Sales Representative
Dir:
416-856-6810
Bus:
416-966-0300
Fax:
416-966-0080

 
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Type: Freehold - Semi-Detached
Area: Toronto
Municipality: Toronto W05
Neighbourhood: York University Heights
Style: 2-Storey
Lot Size: x 105.10(Feet)
Approximate Age:
Tax: $6,084
Maintenance Fee: $0
Beds: 7+3
Baths: 6
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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