Listed by Cityscape Real Estate Ltd..

377 Assinboine Road is a Semi-Detached, 2-Storey and is currently for Sale @ $1,325,000. Taxes in 2025 were $6,084.00.

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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. The 2-Storey on 377 Assinboine Road has 7 bedrooms, 6 bathrooms, and is located on a 105.1 x 20.04 ft lot in the community of York University Heights . 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.

All appliances including 3 Fridges, 2 Stoves, Coin operated Washer & Dryer, All window coverings and Elfs.

The address 377 Assinboine Road was listed for sale (MLS# W12647846) on Monday, December 22, 2025.