24 NORTH STREET
Toronto · L4M2R9
$2,588,888
About this residence
This expansive 43-bedroom rooming house offers exceptional scale, versatility, and income potential. Featuring two oversized kitchens and a layout well-suited for high-capacity living, the property sits on a large lot with ample on-site parking, providing convenience for tenants and operational flexibility for the owner. Currently 75% occupied, the building offers immediate cash flow with significant upside-allowing you to select and place additional tenants of your choosing to optimize revenue. With its configuration and proximity to the local college, the property may also be an excellent candidate for student housing, offering strong demand and consistent rental performance. The main building is in good condition, supporting both turnkey operation and future value-add strategies. Please note that the 3-bedroom home at the front of the property is not included in this sale, as it is currently in the process of being severed. Lot dimensions shown are from GeoWarehouse and will be reduced upon completion of the severance. This is a rare opportunity to acquire a high-capacity residential investment with substantial growth potential in a desirable location. (id:61366)
Property details
- Property type
- Multi-family
- Style
- Other
- Bedrooms
- 0 (0 above)
- Bathrooms
- 6
- Storeys
- 2
- Living area
- 5,000–100,000 sq ft
- Lot size
- 92.1 x 214.2 FT ; 96.8x214.18x92.05x41.05x1.84x172.88 ft
- Frontage
- 92.1 feet
- Parking
- 18 spaces
- Annual tax
- $14,569
- MLS®
- S12251612
- Board
- Toronto
- Status
- Active
- Listed
- Jun 28, 2025
- Updated
- May 11, 2026
Features & finishes
Appliances
- Refrigerator
- Dryer
- Alarm System
- Water Heater
- Two Washers
Heating
- Baseboard heaters
- Electric
Exterior
- Brick
- Vinyl siding
Foundation
- Concrete
Parking
- No Garage
Sewer & Utilities
- Sanitary sewer
Financing
Estimated monthly payment
$12,108/mo
Loan amount
$2,071,110
Down payment
$517,778
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
Toronto
Nearby
About the area
Census · L4M- 46,902
- Population
- 38
- Median age
- $87,000
- Median income
- $670,000
- Median home value
- 62%
- Home ownership
- 29 min
- Avg. commute
Age distribution
Tenure
Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.
Powered by Neighbourly.ioFrequently asked questions
What is the asking price for 24 NORTH STREET?
24 NORTH STREET is listed for $2,588,888, in Toronto.
How many bedrooms and bathrooms does 24 NORTH STREET have?
It offers 0 bedrooms and 6 bathrooms.
What type of home is 24 NORTH STREET?
24 NORTH STREET is a Multi-family, Other set over 2 storeys.
How large is 24 NORTH STREET?
The home offers approximately 5,000–100,000 sq ft of living space on a lot measuring 92.1 x 214.2 FT ; 96.8x214.18x92.05x41.05x1.84x172.88 ft.
What would the monthly mortgage payment be?
With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $12,108. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $14,569 per year.
Is there parking?
Yes — 24 NORTH STREET includes 18 parking spaces.
What is the Toronto area like?
Toronto has a population of about 46,902, a median age of 38, a 62% home-ownership rate, with an average commute of about 29 minutes.
What is the average home value in Toronto?
The median dwelling value in this area is approximately $670,000, based on census data via Neighbourly.
What is the median household income in Toronto?
The median household income in this area is approximately $87,000.
Similar residences
Comparable Other near Toronto at a similar price.
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