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63 SUSSEX AVENUE Toronto (University), Ontario

SUSSEX AVENUE, Toronto (University), ON, M5S1J8

3 Beds

3 Baths

3,000 sq ft

Commercial/Residential
Listed

$1,199,000

Asking Price

63 SUSSEX AVENUE Toronto (University), Ontario, photo 1
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About This Property

First Open House Saturday & Sunday 2-4pm. Handsome, wide Victorian semi in the heart of Harbord Village. Facing a new park and field. 3 storeys, 4 finished levels and over 3,000 sq. ft. of living space. Soaring ceilings, generous room proportions and numerous updates throughout. Owner occupied and fully vacant on closing. Currently configured as two spacious, family-sized residences. Keep as is for multi-generational living or income, live in one and rent the other, or easily return to the substantial single-family home it once was by removing the upper kitchen and opening a few small walls. Main + Lower: Spacious 2 bedroom, 3 bathroom residence. Brand-new retro-style kitchen appliances. Separate laundry. Walkout to a private, mature backyard framed by trees and privacy fencing. Upper: Bright and expansive two-level, 3 bedroom residence with high ceilings, separate laundry and multiple outdoor decks. Three rear decks nestled among the trees offer exceptional outdoor living in the heart of downtown, and overlooking an open park and green space, is a rarity in the heart of the city. Steps to U of T's St. George Campus, Bloor and Spadina, two subway lines, the JCC, Kensington Market and the restaurants and cafés of Harbord Village. A rare combination of space, income and flexibility in one of downtown Toronto's most established neighbourhoods. First home with rental income, investment, multi-generational living or one impressive family residence in a truly central and walkable location. (id:24493) MLS® #C13668080 The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA

Opportunity Analysis

Score: 5 / 10

Recommended Strategy:

Fix & Flip, Rental, Turnkey, Multi-generational living

Facts & Features

Property Type

Commercial/Residential

Status

Active

Square Feet

3,000 sq ft

Basement

Walkout

Separate Entrance

Yes

Business Case

Strengths

Central location

Good transportation links

Potential for multi-generational living or rental income

Weaknesses

High purchase price

High competition for rentals

Possible renovations required

Opportunities

Increasing demand for housing in Toronto

Possibility of zoning changes or redevelopment

Potential for short-term or long-term rental income

Threats

Economic downturn or recession

Changes in government regulations

Increased competition from new developments

Mortgage Calculator

Down Payment

0%
20%
50%
100%

Canadian semi-annual compounding

Down

$239,800

Loan

$959,200

Monthly P+I

$6,425

Cash Flow Analysis

= $239,800  ·  20.0% committed

Auto-calculated from mortgage above

Ontario default: 1.2% of $1,199,000 ÷ 12

Monthly Summary

Mortgage (P+I)

$6,425

Property Tax

$1,199

Total Out

$7,624

Rental In

$0

Net / Month

-$7,624

Net Cash Flow

NET / MO-$7,624

Enter rental income to activate the gauge

Asking Price

$1,199,000

Listed

Posted Aug 15, 2026 · 18 days ago

3 bd

·

3 ba

·

3,000 sqft

Interested in this property?

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