REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.

In-PersonVirtual Tour

Mon

Dec

Tue

Dec

Wed

Dec

Andrew Roddan

andrew.roddan@exprealty.com +1(250) 880-1516

$ 1,325,000

Est. payment -/mo

Save Virtual Tour

New

377 ASSINBOINE ROAD Toronto (york University Heights), ON M3J0A6

10 Beds

6 Baths

2,000 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 2,000 sqft

Price per Sqft $662

Subdivision York University Heights

MLS® Listing ID W12647846

Bedrooms 10

Property Sub-Type Freehold

Source Toronto Regional Real Estate Board

Property Description

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. (id:24570)

Location

Province ON

Rooms

Kitchen 1.0

Extra Room 1 Second level Measurements not available Primary Bedroom

Extra Room 2 Second level Measurements not available Bedroom 2

Extra Room 3 Second level Measurements not available Bedroom 3

Extra Room 4 Second level Measurements not available Bathroom

Extra Room 5 Third level Measurements not available Bedroom 3

Extra Room 6 Third level Measurements not available Bathroom

Interior

Heating Forced air

Cooling Central air conditioning

Flooring Laminate, Ceramic, Concrete

Exterior

Parking Features Yes

View Y/N No

Total Parking Spaces 2

Private Pool No

Building

Story 2

Sewer Sanitary sewer

Others

Ownership Freehold

Virtual Tour https://tours.gtavtours.com/377-assiniboine-rd-north-york/

Listed by CITYSCAPE REAL ESTATE LTD.

Andrew Roddan

Agent

+1(250) 880-1516

Andrew Roddan

377 ASSINBOINE ROAD Toronto (york University Heights), ON M3J0A6

Key Details

Location

Rooms

Interior

Exterior

Building

Others

GET MORE INFORMATION

Go tour this home

377 ASSINBOINE ROAD