105 Major Street Rear, Toronto C01

$1,499,000
105 Major Street Rear

$1,499,000

New
8d
Semi-Detached 2-Storey

105 Major Street Rear, Toronto C01

Total Monthly Obligation $7,112

Beds
0
Baths
0
Park
0
Sqft
2500-3000
DOM
8d
Score
13
Yield
1.4%
Cash on Cash
-18.2%
Cap Rate
0.7%
5Y IRR
1.5%
10Y IRR
3.9%
Property Type-Semi-Detached
MLS® Number-C14080702
Beds-0
Size-2500-3000 sqft
Lot Size-26 × 46 ft
Listed on site-Oct 15, 2026
Style-2-Storey
Building Type-Semi-Detached
Taxes-$8,286.96 (2026)
Parking-None
Basement-None
Heating-Other (Electric)
Brokerage-WRIGHT REAL ESTATE LTD.
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Brick
Roof-Flat
Foundation-Brick
Sewer-Sewer
Possession-imm
Neighbourhood-University
Title-Residential Freehold

No agent assigned

A truly unique two-storey brick stable from the early 1900s, now a residential blank canvas on its own lot, fronting onto a quiet lane a block from the University of Toronto in the heart of Harbord Village. Ready to be renovated into a one of a kind home. Architecturally distinct reflecting its colourful history as the stable for Grimsby dairy. The building is wide and open like a loft and stripped down to its structure: triple-wythe brick walls, steel beams carrying an open span, and the original vaulted concrete ceiling exposed over the ground floor. Light floods in from the south, east and west, with views east to Robert Street and down Sappers Lane, and west along the elbow of the lane to Major Street. Very generous footprint with 2,500 square feet of space. Harbord Village at its best is steps up Major: Harbord Bakery, cafés and restaurants. The Daniels Faculty of Architecture is three blocks away. Spadina TTC Station is on both subway lines, the Spadina and College streetcars are close by, and there are bike lanes along Harbord Street. A zoning certificate has been approved to add parking as a built in garage and useful preliminary build steps already undertaken include: survey, zoning has been tested, structural report, measured drawings and a hazardous materials survey (nothing extreme). This is a rare opportunity to apply modern creativity to a loft style space with a rich history. Featured in a recent Spacing magazine article offering a deep dive into the history of "the stable" including a period in the 1980's when it was a culturally significant letterpress shop. Interesting history, unique architecture and tucked away inconspicuously in the middle of one of the city's most sought after neighbourhoods!

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%
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$
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(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$1,199,200
Land Transfer Taxes$26,455
Legal Fees (Est.)
$
Total cash required for closing$327,755

Total Monthly Obligation

$7,112/mo
Mortgage $6,047
Monthly Loss $5,521
Principal$1,591
Interest$4,455
Property Tax$691
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
0.4%6
Cash-on-Cash
-20.8%0
5-Year IRR
-0.6%2
10-Year IRR
2.6%
Returns Index
2.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
13/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$20,400/yr
NOI
$5,573/yr
Net Cash Flow
-$5,582/mo
Cash Margin
-328.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.081
LTV Ratio
80.0%18
Vacancy Buffer
1.4 mo22
Risk Index
13.6/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 105 Major Street Rear

Time

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