377 Assiniboine Road
York University Heights, Toronto
$1,325,000
Bedrooms: 7
Bathrooms: 6
Living Area: 2,000 sqft
Price Per Sqft: $662.50
About this Semi-Detached
in York University Heights, Toronto
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!!
Listed by CITYSCAPE REAL ESTATE LTD..
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LAND TRANSFER TAX CALCULATOR
| Purchase Price | |
| First-Time Home Buyer |
|
| Ontario Land Transfer Tax | |
| Toronto Land Transfer Tax | |
Province of Ontario (effective January 1, 2017)
For Single Family or Two Family Homes
- Up to and including $55,000.00 -> 0.5%
- $55,000.01 to $250,000.00 -> 1%
- $250,000.01 to $400,000 -> 1.5%
- $400,000.01 & $2,000,000.00 -> 2%
- Over $2,000,000.00 -> 2.5%
First-time homebuyers may be eligible for a refund of up to $4,000.
Source: Calculating Ontario Land Transfer Tax
Source: Ontario Land Transfer Tax for First-Time Homebuyers
City of Toronto (effective March 1, 2017)
For Single Family or Two Family Homes
- Up to and including $55,000.00 -> 0.5%
- $55,000.01 to $250,000.00 -> 1%
- $250,000.01 to $400,000 -> 1.5%
- $400,000.01 & $2,000,000.00 -> 2%
- Over $2,000,000.00 -> 2.5%
First-time homebuyers may be eligible for a rebate of up to $4,475.
Source: Municipal Land Transfer Tax Rates and Calculations
Source: Municipal Land Transfer Tax Rates Rebate Opportunities
MORTGAGE CALCULATOR
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| * This material is for informational purposes only. | |||
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