$1,325,000Asking Price
377 Assinboine Road, Toronto W05, ON M3J 0A6
York University Heights, Toronto
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.
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.
See MoreKey Info
- 2-Storey Semi-Detached
- 0-Car Driveway
- 2-Car Detached Garage
- Keele/Finch @ York University
- 2000-2500 Approximate Sq Feet
- 2 + 1 Kitchens
- Forced Air Gas Heating
- Central Air
Property
- Lot Size 20.04 x 105.1 Feet
- Brick Exterior
- Taxes were $6,084 in 2025
- Possession: TBA
Details
- No Fireplace
- No Family Room
- Sewers
- Municipal Water
- MLS #W12647846
- CITYSCAPE REAL ESTATE LTD.
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Kitchen | Main | Stainless Steel Appliances, Quartz Counter, Open Concept | |
| 2 | Bathroom | Main | 3-PieceBath, Separate Shower, Ceramic Floor | |
 | 1 3-Piece Bathroom in Flat | |||
| 2 3-Piece Bathrooms | |||
| 2 3-Piece Bathrooms | |||
| 1 3-Piece Bathroom | |||
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Who lives here?
York University Heights, Toronto is a west Toronto neighbourhood notable for its singles, renters, salespeople, tradespeople and manufacturing workers. It has a higher than average population of immigrants, particularly those from the Philippines, and Italian, Spanish and Tagalog speakers. Residents tend to be younger with a significant number of youth aged 15 to 24 and adults aged 25 to 34.
Families
Kids Per Family
1.3
kids per family
in the neighbourhood.
Gta ({{ '1.29999995231628' | number: 1 }})
Singles
56%
of residents are
single and loving it.
56% singles
Toronto (50%)Gta ({{ '44.8800010681152' | number: 0 }}%)
Renters
53%
of residents
are renters.
53% renters
Toronto (47%)Gta ({{ '33.0200004577637' | number: 0 }}%)
Education
35%
of residents are
university grads.
35% university grads
Toronto (48%)Gta ({{ '43.6699981689453' | number: 0 }}%)
Income
Average Household Income
$85K
is the average household
income in the neighbourhood.
Gta ({{ '135056.828125' | minifiedCurrency }})
Professions
Professions
| Sales | 18% |
| Business | 9% |
| Trades | 9% |
| Manufacturing | 7% |
| Government | 7% |
Immigrants
58%
of residents were
born outside of Canada.
58% immigrants
Toronto (48%)Gta ({{ '45.4300003051758' | number: 0 }}%)
Birthplace - All
8.8% from Philippines
All-time
Birthplace - Recent
3.1% from Philippines
Recent
Foreign Languages
Foreign Languages
| Italian | 6% |
| Spanish | 5% |
| Tagalog | 5% |
| Vietnamese | 3% |
| Tamil | 3% |
Religions
Religions
| Christian | 58% |
| Muslim | 10% |
| Hindu | 7% |
| Buddhist | 4% |
| Jewish | 1% |
Social Housing
Social Housing Buildings
4
Social housing buildings
in the neighbourhood.
Shelters
Shelters
0
Homeless shelters in
the neighbourhood.
