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Detached for Sale in Downtown Toronto
Popular ListingNeighbourhood: University
- MLS Number
- C13661628
- Property Type
- Detached
- Status
- active
- Days on Site
- 13
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Lot Size
- 3,681 sqft
- Listing Brokerage
- HOMELIFE/TREASURE REALTY LTD.
Attention Builders, Renovators, Savvy Investors & End Users! Rare opportunity to create something truly special in the heart of Harbord Village, one of Toronto's most sought-after neighbourhoods. This solid Detached 2-storey 4- bedroom Circa 1890 Victorian home offers endless possibilities - renovate, redesign, restore, or create an incredible investment opportunity in an unbeatable location. Featuring a rare detached double-car garage on a fully fenced private extra deep 22x172-foot lot!! With exceptional laneway access, this property has potential for a custom 2-storey laneway home, creating incredible flexibility for multi-generational living, rental income, guest accommodations or future resale value. The existing home offers generous proportions across 2 storeys with endless design possibilities. Soaring approx 11 ft ceilings, tall windows, nice original trim, baseboards and moulding. Turn the Huge kitchen into a chef-inspired masterpiece. Main floor family room or can be used as an office or den with a walkout to the yard. The basement features a separate entrance to the backyard and existing kitchen, creating excellent potential for a separate income suite, in-law suite or multi-generational living arrangement. Build to sell, build to hold, renovate and customize, or create a one-of-a-kind urban compound. This location is truly exceptional. Steps to College Street's vibrant cafes, restaurants, boutiques and everyday conveniences. Enjoy incredible walkability with easy access to parks, excellent schools, UofT, TTC, transit connections, Kensington Market, Little Italy, Trinity Bellwoods and downtown Toronto. A rare opportunity, where location, lot functionality and future potential come together.
Estimate your monthly payments for this property
Estimated Payment
$7,740.40/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 University
University 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 University
- •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
University 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.
123 robert Street, Downtown Toronto / Waterfront
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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
Premium Pricing
At $1591/sqft, this property is priced above the Downtown Toronto average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
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.
About University
I know University well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
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 $7,291 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.