$1,325,000
Available - For Sale
Listing ID: W12647846
377 Assinboine Road , Toronto, M3J 0A6, Toronto
| 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: | $6084.00 |
| Occupancy: | Tenant |
| Address: | 377 Assinboine Road , Toronto, M3J 0A6, Toronto |
| Directions/Cross Streets: | Keele/Finch @ York University |
| Rooms: | 12 |
| Rooms +: | 4 |
| Bedrooms: | 7 |
| Bedrooms +: | 3 |
| Family Room: | F |
| Basement: | Separate Ent |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Main | Living Ro | W/O To Yard, Laminate, Combined w/Dining | ||
| Room 2 | Main | Bedroom | Laminate, Large Window, Closet | ||
| Room 3 | Main | Kitchen | Stainless Steel Appl, Quartz Counter, Open Concept | ||
| Room 4 | Main | Bathroom | 3 Pc Bath, Separate Shower, Ceramic Floor | ||
| Room 5 | Second | Primary B | 4 Pc Ensuite, Walk-In Closet(s), Large Window | ||
| Room 6 | Second | Bedroom 2 | Laminate, Closet, Window | ||
| Room 7 | Second | Bedroom 3 | Laminate, Closet, Window | ||
| Room 8 | Second | Bathroom | 3 Pc Ensuite, Separate Shower, Ceramic Floor | ||
| Room 9 | Third | Primary B | 4 Pc Ensuite, W/O To Terrace, Laminate | ||
| Room 10 | Third | Bedroom 2 | Laminate, Closet, Window | ||
| Room 11 | Third | Bedroom 3 | Laminate, Closet, Window | ||
| Room 12 | Third | Bathroom | 3 Pc Bath, Separate Shower, Ceramic Floor | ||
| Room 13 | Basement | Bedroom | Laminate, Window, Closet | ||
| Room 14 | Basement | Bedroom 2 | Laminate, Window, Closet | ||
| Room 15 | Basement | Bedroom 3 | Laminate, Window, Closet |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 3 | Flat |
| Washroom Type 2 | 3 | Second |
| Washroom Type 3 | 3 | Third |
| Washroom Type 4 | 3 | Basement |
| Washroom Type 5 | 0 |
| Total Area: | 0.00 |
| 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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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| CITYSCAPE REAL ESTATE LTD. |
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Mohini Persaud
Broker Of Record
Bus:
905-796-5200
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At a Glance:
| Type: | Freehold - Semi-Detached |
| Area: | Toronto |
| Municipality: | Toronto W05 |
| Neighbourhood: | York University Heights |
| Style: | 2-Storey |
| Tax: | $6,084 |
| Beds: | 7+3 |
| Baths: | 6 |
| Fireplace: | N |
| Pool: | None |
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