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University, Toronto
$1,459,000
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.
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| Type | Att/Row/Townhouse |
| Style | 2-Storey |
| Approx. Age | 100+ |
| Size | 1500-2000 sq. ft. |
| Property Tax | $8,226 |
| Lot Size | 19 ft x 94 ft |
| mls© Number | C13474522 |
| Listed By | HOMELIFE 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.
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 checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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