3 Herzberg Gardens
York University Heights, Toronto
$1,308,888
***GREAT TURNKEY INVESTMENT OPPURTUNITY In Prime York University Location.*** Fully leased corner semi-detached property generating approximately $14,000 in gross monthly rent and $168,000 in gross annual income. Highly desirable location within walking distance to TTC and subway, offering strong and consistent rental demand. The property features 13 bedrooms and 2 kitchens, 2 laundry, including a walk-out basement with separate entrance, ideal for multi-tenant use. Well-maintained income property with solid cash flow and long-term investment potential. Close to York University, transit, shopping, and all essential amenities.
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| Type | Semi-Detached |
| Style | 3-Storey |
| Approx. Age | Not available |
| Size | 2000-2500 sq. ft. |
| Property Tax | $5,490 |
| Lot Size | 94.33 ft x 24.15 ft |
| mls© Number | W13487318 |
| Listed By | RIGHT AT HOME REALTY |
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%
- $6,699
- Property tax
- $458
- Heat allowance
- $150
- Housing costs
- $7,307 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$225,000
gross annual household income
- Payment at 4%
- $5,508 / mo
- Cash down
- $261,778
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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