289 Albert Street
289 Albert Street
$1,200,000
109 days on market
About This Listing
High Income Licensed Student Rental or Redevelopment Opportunity, Prime Location on High Traffic Albert Street. Four adjacent properties are currently for sale 285, 289, 291 & 293 Albert Street. Group this property with 285 Albert for corner access, add 291 Albert for a larger project or add 293 Albert for the full land assembly and the opportunities that provides. Can be purchased individually as an excellent student rental property or with neighbouring properties. Currently leased to provide income while you plan your redevelopment project. Zoning RN-6. Legal Duplex. Licensed for 7. Leased Until August 2027.
| Monthly Mortgage (P&I) | $5,228 |
| Property Tax (MLS) | $703 |
| Maintenance Fees | $0 |
| Total Monthly Cost | $5,932 |
Down payment: $240,000 (20.0%) · Mortgage: $960,000
Property tax uses MLS annual tax of $8,439/yr. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.
Property Details
Listing provided by ROYAL LEPAGE WOLLE REALTY
Based on information from the Toronto Regional Real Estate Board (TRREB). All information deemed reliable but not guaranteed and should be independently verified. The accuracy of information is not guaranteed, has not been verified, and does not constitute professional advice.
IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than identifying prospective properties consumers may be interested in purchasing or renting.
Sold and leased listing data is provided under the Virtual Office Website (VOW) data feed and is available only to registered users who have agreed to the Terms of Use. This data is for personal, non-commercial use only and may not be copied, redistributed, or retransmitted.
MLS®, REALTOR®, and the associated logos are certification marks owned by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.
This listing content is not intended to solicit properties already listed for sale or individuals who are currently under contract with a brokerage.
Data last updated: August 23, 2026 at 10:26 a.m.