377 Assiniboine Road Toronto, Ontario M3J 0A6

10 Bedroom 6 Bathroom 2,000 - 2,500 ft2
Central Air Conditioning Forced Air

$1,325,000

Exceptional Income-Producing Investment Opportunity in a prime North York location, directly across from York University, within one of Toronto's most active and resilient rental corridors. This FREEHOLD Semi-Detached residential property has been thoughtfully configured to maximize rental income, featuring 10 spacious bedrooms and 6 full washrooms, an efficient floor plan, and a double car garage-all designed to support strong, consistent cash flow. The property is fully leased, generating a strong gross monthly rent of $9,200, which translates to an annual gross income of $110,400. The diversified rental configuration enhances income stability while reducing overall vacancy exposure. Offered at $1,325,000, this asset delivers an attractive gross ROI of approximately 8.35%, making it a compelling option for investors seeking immediate cash flow along with long-term appreciation. Its proximity to a major employment and institutional hub, combined with excellent transit connectivity, ensures sustained tenant demand throughout the year. The surrounding neighborhood is exceptionally well serviced, with easy access to TTC routes, subway stations, shopping centres, grocery stores, restaurants, cafes, banks, and everyday amenities, further supporting strong rental performance. This is a turn-key, cash-flow-positive investment in a high-growth North York market-ideal for investors looking to enhance their portfolio with a well-performing asset offering solid income today and meaningful upside potential over time. Hurry before it is gone!! (id:61594)

Property Details

MLS® Number W12647846
Property Type Single Family
Community Name York University Heights
Parking Space Total 2

Building

Bathroom Total 6
Bedrooms Above Ground 7
Bedrooms Below Ground 3
Bedrooms Total 10
Appliances Garage Door Opener Remote(s), All, Dryer, Two Stoves, Washer, Window Coverings, Refrigerator
Basement Features Separate Entrance
Basement Type N/a
Construction Style Attachment Semi-detached
Cooling Type Central Air Conditioning
Exterior Finish Brick
Flooring Type Laminate, Ceramic, Concrete
Foundation Type Concrete
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 2,000 - 2,500 Ft2
Type House
Utility Water Municipal Water

Parking

Detached Garage
Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 105 Ft ,1 In
Size Frontage 20 Ft
Size Irregular 20 X 105.1 Ft
Size Total Text 20 X 105.1 Ft

Rooms

Level Type Dimensions
Second Level Primary Bedroom Measurements not available
Second Level Bedroom 2 Measurements not available
Second Level Bedroom 3 Measurements not available
Second Level Bathroom Measurements not available
Third Level Bedroom 3 Measurements not available
Third Level Bathroom Measurements not available
Third Level Primary Bedroom Measurements not available
Third Level Bedroom 2 Measurements not available
Basement Bedroom Measurements not available
Basement Bedroom 2 Measurements not available
Basement Bedroom 3 Measurements not available
Basement Bathroom Measurements not available
Basement Laundry Room Measurements not available
Main Level Living Room Measurements not available
Main Level Bedroom Measurements not available
Main Level Kitchen Measurements not available
Main Level Bathroom Measurements not available

https://www.realtor.ca/real-estate/29202121/377-assiniboine-road-toronto-york-university-heights-york-university-heights

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