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***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
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30 Year , 3.99% interest


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Nestled in the vibrant area of York University Heights, this exceptional house for sale in York at 3 Herzberg Gardens, York, presents a remarkable investment opportunity that is hard to overlook. This semi-detached, three-storey brick residence boasts an impressive layout, comprising a total of 11 rooms, including 9 spacious bedrooms and 3 additional rooms, making it an ideal choice for those seeking a lucrative rental property.
The property is fully leased, generating an impressive gross monthly rent of approximately £14,000, which translates to a staggering £168,000 in gross annual income. This makes it one of the strongest rental corridors in Toronto, especially appealing for investors looking to capitalise on the thriving rental market in the vicinity of York University. The house for sale in York is strategically located within walking distance to public transport, including the TTC and subway, ensuring easy access to the wider city and contributing to its high rental demand.
As you approach 3 Herzberg Gardens, York, you'll notice the well-maintained exterior that reflects the charm of the neighbourhood. The house is built from durable brick, providing both aesthetic appeal and structural integrity. Inside, the layout is thoughtfully designed to accommodate a variety of living arrangements, featuring one main kitchen and an additional kitchen, which is perfect for multi-tenant use. The walk-out basement, complete with a separate entrance, further enhances the property's versatility, making it an attractive option for those looking to maximise rental income.
The house for sale in York also includes 4 bathrooms, ensuring that residents have ample facilities to accommodate their needs. While there is no family room, the generous number of bedrooms and additional rooms provides plenty of space for communal living or private retreats. The central air conditioning ensures comfort throughout the warmer months, while the forced air heating system keeps the home cosy during the colder seasons.
Parking is available with a detached garage that can accommodate two vehicles, a valuable feature in this bustling area. However, it's worth noting that there is no driveway or additional parking space, which may be a consideration for potential buyers. The lot measures a generous 94 by 24 feet, offering a decent outdoor space for relaxation or potential landscaping opportunities.
While this house for sale in York does not come furnished, it presents a blank canvas for new owners to personalise and make their own. The property is equipped with internet access, catering to the needs of modern tenants and ensuring connectivity for both work and leisure. However, it does not feature a central vacuum system or a swimming pool, which may be seen as a drawback by some, but the advantages of this investment opportunity far outweigh these minor omissions.
In summary, 3 Herzberg Gardens, York, is a well-maintained semi-detached house that stands out in the competitive property market. With its prime location near York University, excellent transport links, and the potential for substantial rental income, this house for sale in York is a fantastic opportunity for investors or those looking to enter the rental market. The combination of spacious living arrangements, a solid income-generating history, and the vibrant community of York University Heights makes this property a must-see for anyone serious about property investment in Toronto. Don’t miss your chance to explore this remarkable house for sale in York and seize the opportunity to make it your own!
York University Heights is a vibrant and diverse neighbourhood situated in the city of York, known for its close proximity to York University and a range of amenities that cater to students, families, and professionals alike. This area boasts a mix of residential options, from modern apartments to charming family homes, all set against a backdrop of green spaces and parks, making it ideal for outdoor enthusiasts. With excellent transport links, residents enjoy easy access to the city centre and beyond, while local shops, cafes, and recreational facilities foster a lively atmosphere. The community's youthful energy, combined with its welcoming spirit, makes York University Heights a desirable place to call home.
This property is ideally situated near several educational institutions, making it a great choice for families. Within a short distance of 0.4 to 1.4 kilometers, you will find a range of public and Catholic schools catering to various educational needs. Notable nearby schools include James Cardinal McGuigan Catholic High School, just 0.4 km away, which has a solid rating of 6.4, and C W Jefferys Collegiate Institute, also nearby at 0.9 km, boasting a commendable rating of 4.4. For younger children, Derrydown Public School (0.9 km) and St. Wilfrid Catholic School (0.8 km) provide excellent elementary education options. Additionally, Elia Middle School (1.4 km) serves grades 6 to 8, ensuring a smooth transition to secondary education. The area also features French-language options, such as Louis-Honore Frechette Public School and Hodan Nalayeh Secondary School, both located 4.1 km away. With a diverse selection of schools nearby, this property offers families the convenience of quality education within close proximity, enhancing its appeal for potential buyers.
This property features 5 bathroom(s) and 9 bedroom(s).
This Semi Detached property includes 3 additional bedrooms.
The total square footage of this Semi Detached 9 bed property in York is 2000 - 2500.
There are no parking spaces available with this property.
This property features a garage with space for 2 cars.
This property includes an Detached garage with space for 2 cars.
Yes, this property has a basement.
This property features Walk-Out basement.
It is not specified whether this property has a swimming pool.
A fireplace is available in this property.
This property includes 1 kitchen(s).
Information about the maintenance fee is not available.
Information about whether this property is furnished is not available.
The heating system in place is a Forced Air.
Information about utilities is not available.
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