377 ASSINBOINE ROAD, Toronto (York University Heights), Ontario M3J0A6

377 ASSINBOINE ROAD
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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.

Property Specifications

Comprehensive breakdown of features and details.

Interior Details

AppliancesAll, Washer, Refrigerator, Dryer, Two stoves, Window Coverings, Garage door opener remote(s)
BasementSeparate entrance, N/A
Bathrooms Total6
Bedrooms Total10
CoolingCentral air conditioning
FlooringConcrete, Laminate, Ceramic
HeatingForced air, Natural gas

Building & Exterior

Exterior FeaturesBrick
Foundation DetailsConcrete
Parking FeaturesDetached Garage, Garage
Stories2.0

Land & Location

City RegionYork University Heights
Frontage Length20.0 feet
Lot Size Dimensions20 x 105.1 FT

Listing & Financials

Listing OfficeCITYSCAPE REAL ESTATE LTD.
Originating System NameToronto Regional Real Estate Board

Other Specifications

Common InterestFreehold
CountryCanada
Parking Total2

For Sale

$1,325,000

377 ASSINBOINE ROAD, Toronto (York University Heights), Ontario M3J0A6

Beds

10

Baths

6

Living Area

-

Lot Size

-

Property Type

House

Year Built

-

Listing IDW12647846

Location & Map

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