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Listed price in listed location currency (CAD).
$1,325,000

1060

MLS® W12647846

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size -
Garage Yes
Taxes $6,084
Days Active 0
Lot Size 
Approx. Age 
MLS® Number W12647846

Property Address: 377 Assiniboine Rd, North York, ON, M3J0A6

Average square foot calculated using Size range provided by listing agent.

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.
MLS® NumberW12647846
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age
BasementSeparate Entrance
DrivewayGarage Type:Detached
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Rooms

Living Room:Main FloorNot available

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Dec 23, 2025List Date
$1,325,000List Price

Home Estimate Zoopraisal®

This property is estimated to sell between: $1,123,000 and $1,426,000.
Similar properties in this area sold on average for: $1,123,333
Expected to sell in 33 days. Similar properties sold in 33 days. This home has been on Zoocasa for 0 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
377 Assiniboine Rd, North York, ON

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