$1,490,000 - 17 Major Street, Downtown Toronto
Semi-Detached for Sale in Downtown Toronto
- MLS Number
- C13155234
- Property Type
- Semi-Detached
- Status
- active
- Days on Site
- 20
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Listing Brokerage
- RE/MAX ULTIMATE REALTY INC.
Prime Location in the Heart of Kensington Market near College & Spadina - Solid Semi-Detached Home Featuring Charming Brick Frontage, New Exterior Siding, and a Rare Block Garage with Laneway Access. Offering 4 Spacious Rooms on the Main Floor and 4 Additional Rooms on the Second Level, this Property Provides Incredible Flexibility for Families, Investors, or Multi-generational Living. Features Include High Ceilings, Hardwood Floors, Moldings, 3 Washrooms (one on each level), and a Separate Entrance to the Basement with Excellent Income or In-law Suite Potential. Full of Character and Endless Possibilities, This home is Ready for your Personal Touch and updates. Fantastic Opportunity in one of Toronto's Most Vibrant and Sought-after Neighborhoods! Rare Investment Opportunity near College & Spadina! Ideal for Investors, Renovators, or End-users Looking to Customize in a High-demand Downtown Location. Tremendous Upside with some TLC. Close to Transit, Universities, Shopping, Restaurants, and all Downtown Amenities.
Estimate your monthly payments for this property
Estimated Payment
$6,590.77/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Downtown Toronto / Waterfront
Downtown Toronto / Waterfront is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Downtown Toronto / Waterfront
- •Convenient location in Downtown Toronto / Waterfront
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Downtown Toronto / Waterfront offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
17 Major Street, Downtown Toronto / Waterfront
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Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $993/sqft, this property is priced in line with current Downtown Toronto market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Market Position
At 20 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Detached Home Advantages
Detached homes in Downtown Toronto are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Downtown Toronto. Good resale value as demand remains consistent.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
Investment Perspective
Looking at this as an investment: Downtown Toronto properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $6,208 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.