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York University Heights, Toronto
$1,208,888
Attention Investors! Great investment opportunity! Excellent positive cash flow! Gorgeous one of the best upgrade 3-storey freehold semi-detached home with double car garage! Just a short walk to York University. Well maintained and thoughtfully designed, the property features 11 bedrooms and 7 bathrooms, Ideally configured for student rentals. The main floor boasts a spacious living room, a functional kitchen combined with a dining area with walk-out access to the backyard, two bedrooms, and a 3-piece bathroom. The second floor offers four generously sized bedrooms and two 4-piece bathrooms, while the third floor features two additional bedrooms and 2 washrooms including a primary bedroom with a large ensuite bathroom. The finished basement contains three bedrooms and two washrooms, one with a large window and another with its own private 4-piece bath ensuite. This property is a turnkey investment in a highly sought-after location. Conveniently situated close to York University, TTC transit, supermarkets, restaurants, and a wide range of amenities, it offers both exceptional income potential and outstanding accessibility. New roof 2022, 2-Year New Installed Furnace/AC and Hotwater Tank.
No extras listed.
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| Type | Semi-Detached |
| Style | 3-Storey |
| Approx. Age | Not available |
| Size | 2000-2500 sq. ft. |
| Property Tax | $5,399 |
| Lot Size | 20.01 ft x 100.07 ft |
| mls© Number | W13488270 |
| Listed By | CENTURY 21 MYPRO REALTY |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $6,188
- Property tax
- $450
- Heat allowance
- $150
- Housing costs
- $6,788 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$209,000
gross annual household income
- Payment at 4%
- $5,087 / mo
- Cash down
- $241,778
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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