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Listed 1 month ago

119 Major Street

University, Toronto

$1,459,000

Freehold Townhouse|2-Storey
3 | 2 | 2
About this home

Welcome to 119 Major St. First time offered in 55 years. Rare opportunity to own in one of Toronto's most vibrant and sought after neighborhoods in the heart of Toronto. This home comes with a private side entrance. Main floor features 10-foot ceilings, living room, bedroom with ensuite and eat in kitchen. Second floor features 9-foot ceilings, 3 spacious bedrooms and a bathroom. Third bedroom on second floor can easily be converted back to a kitchen making this the ideal home for a larger family, investor or multi-generational living. Basement has a kitchenette, separate laundry area, a cold room along with a basement walk out-perfect for an in-law suite or income potential. Private back yard with a 2-car block garage and a large 8x16 door with laneway access. With a little imagination, this home can offer endless possibilities for the end user, renovator or investor. Many amenities in the area. Walk to public transit, parks, hospitals, grocery stores, schools, places of worship, trendy College St, China Town, Kensington Market, downtown Yonge St and University of Toronto.

Extras

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Got questions?

Contact Milad directly.

agent
Milad Momtaz Azad
(647) 510-8858
TypeAtt/Row/Townhouse
Style2-Storey
Approx. Age100+
Size1500-2000 sq. ft.
Property Tax$8,226
Lot Size19 ft x 94 ft
mls© NumberC13474522
Listed ByHOMELIFE REGIONAL REALTY LTD.

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%
$7,468
Property tax
$685
Heat allowance
$150
Housing costs
$8,303 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $291,800
25-yr amortization

Income needed

$255,000

gross annual household income

Payment at 4%
$6,140 / mo
Cash down
$291,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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