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University, Toronto
$1,599,000
Harbord Village A rare income-generating opportunity in one of Toronto's most sought-after neighbourhoods. This substantial semi-detached property sits on a deep 20 x 125 ft lot with rear laneway access and the bones of a multi-stream investment portfolio. With over 12 plus bedrooms and 5 bathrooms, the income potential here is exceptional. Whether you're running multi-unit rentals, a rooming house, or a hybrid short-term/long-term strategy, the scale of this property does the heavy lifting. The real upside? Laneway dwelling potential. The rear lot access and lot depth make this a strong candidate for a laneway suite adding a fully independent unit to an already cash-flow-positive asset. In Toronto's current rental market, a purpose-built laneway home commands premium rents and significantly boosts long-term equity. Located steps from the University of Toronto, transit, and the restaurants and amenities of Harbord Village and the Annex this is the kind of address that keeps vacancy rates low. The numbers work. The location works. The upside is built in.
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| Type | Semi-Detached |
| Style | 2 1/2 Storey |
| Approx. Age | 100+ |
| Size | 1500-2000 sq. ft. |
| Property Tax | $7,571 |
| Lot Size | 20 ft x 125 ft |
| mls© Number | C13885852 |
| Listed By | ROYAL LEPAGE SIGNATURE 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%
- $8,184
- Property tax
- $631
- Heat allowance
- $150
- Housing costs
- $8,965 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$276,000
gross annual household income
- Payment at 4%
- $6,729 / mo
- Cash down
- $319,800
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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