Rear-105 Major Street, Toronto, ON

University, Toronto · MLS® C14080702

$1,499,000
For Sale
Listed 4 days agoNo offer date stated
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0Parking
2500-3000Sq ft

About this home

In short

  • 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...
  • Ready to be renovated into a one of a kind home.
  • 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...
  • Very generous footprint with 2,500 square feet of space.
  • 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...

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!

Key facts

Property type
Semi-Detached, 2-Storey
MLS®
C14080702
Size
2500-3000 sq ft
Lot
26 × 46 ft
Cross streets
Harbord/Spadina
Parking
0 parking
Basement
None
Heating
Other
A/C
None
Exterior
Brick
Foundation
Brick
Roof
Flat
Sewer
Sewer
Property tax
$8,287 / 2026
Days on market
4
Listing brokerage
WRIGHT REAL ESTATE LTD.
Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

The assigned public school is King Edward Junior and Senior Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

Neighbourhood & location

University, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Annex
$2.07M
Wychwood
$1.14M
Corso Italia-Davenport
$899K
Mount Pleasant East
$1.36M
Junction Area
$1.16M

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near da Vinci School
67%
da Vinci SchoolPublic · Elementary · 0.2 km awayBelow the GTA average · 67% meet the provincial standard
St. BrunoEQAO results not published
Also nearby: 12 more schools within 2.5 km
Lord Lansdowne Junior Public School · Public elementary0.2 km · 85% at standard
Central Technical School · Public secondary0.5 km · 54% at standard
Kensington Community School School Junior · Public elementary0.5 km · 97% at standard
Loretto College School · Catholic secondary0.8 km · 62% at standard
Subway Academy II · Public secondary0.8 km
Beverley School · Public elementary0.8 km
Harbord Collegiate Institute · Public secondary0.9 km · 85% at standard
Clinton Street Junior Public School · Public elementary0.9 km · 90% at standard
Orde Street Public School · Public elementary0.9 km · 76% at standard
Heydon Park Secondary School · Public secondary1.0 km · 8% at standard
St Francis of Assisi Catholic School · Catholic elementary1.0 km · 80% at standard
Ryerson Community School Junior Senior · Public elementary1.0 km · 52% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$6,832/mo
$286KIncome needed
5.2×Price ÷ income
$1,577Weekly cost
$52,910Land transfer tax, one-time (Ontario + Toronto)
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

91%mortgage
Mortgage $6,832Property tax $691Total carry $7,523

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$6,631per month

Mortgage amount $1,199,200 · 4.49% over 25 years

$299,800Down payment (20.0%)
$1,199,200Loan before insurance
$0CMHC premium
$7,321Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,631
Property tax
$691
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,321

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$26,455
Toronto municipal land transfer tax
$26,455
Estimated closing costs
$52,910

Plus your down payment of $299,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$8,025/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$789,975Total interest paid
$1,989,175Total of all payments
Principal $1,199,200 Interest $789,975
YearPrincipalInterestBalance
1$26,761$52,806$1,172,439
2$27,976$51,591$1,144,463
3$29,246$50,321$1,115,217
4$30,574$48,993$1,084,642
5$31,962$47,605$1,052,680
6$33,414$46,153$1,019,266
7$34,931$44,636$984,336
8$36,517$43,050$947,819
9$38,175$41,392$909,644
10$39,908$39,659$869,736
11$41,720$37,847$828,016
12$43,614$35,953$784,402
13$45,595$33,972$738,807
14$47,665$31,902$691,142
15$49,829$29,738$641,314
16$52,091$27,476$589,222
17$54,456$25,111$534,766
18$56,929$22,638$477,837
19$59,514$20,053$418,323
20$62,216$17,351$356,107
21$65,041$14,526$291,066
22$67,994$11,573$223,072
23$71,081$8,486$151,991
24$74,309$5,258$77,682
25$77,682$1,885$0

At the end of your 5-year term

Total paid over the term
$397,835
Principal paid down
$146,520
Interest paid
$251,315
Balance remaining
$1,052,680

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$5,250/mo
$63,000Gross annual rent
3.1%Cap rate after taxes and upkeep

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

4.2%
Gross yield
− Property tax $8,287− Insurance $1,400− Vacancy & upkeep $6,930Net operating income $46,383

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of WRIGHT REAL ESTATE LTD.. MLS®/PropTx.

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