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$1,499,000See Homsy estimate →
346 Indian Road CrescentJunction Area, Toronto, ON M6P 2H1 · Sale · MLS® W13847780
3+1Bedrooms
3Bathrooms
1500-2000Sq ft
2Parking
$750–$999Per sq ft
About this home
The homeTaxes$6,222.89/yr
Price per sq ft$750–$999
PossessionTBA
All listing details
- Description
- Welcome to 346 Indian Road Crescent, a rare opportunity to own a detached home in the heart of The Junction, offering immediate rental income and exceptional flexibility for the future. Thoughtfully updated over the years, this spacious 2 storey property is currently configured as three self contained, separately metered units generating approximately $78,000 in gross annual rental income.Set on a 20.83 x 108.43 ft lot with two car parking off a wide rear laneway, each unit features a generously sized kitchen and bathroom plus in suite laundry. The bright main floor one bedroom suite offers hardwood floors, a spacious living room, open concept kitchen and walkout to the deck and backyard. A walk in shower and bath bars make this suite particularly well suited to aging parents or family members with limited mobility.The upper two level suite features two bedrooms, including a king sized third floor retreat with skylight and generous closet space, plus a bright living room and open concept kitchen. The lower one bedroom suite offers a large living room, open concept kitchen, bathroom, storage and bright bedroom with two south facing windows.Maintain all three income producing suites, live in one and rent the others, or create a multi-generational home where aging parents, adult children or extended family can enjoy independent living while remaining under one roof. In the future, return the property to a substantial single family home while retaining the lower apartment for income or family. The wide rear laneway also offers potential for a future laneway house, subject to approvals. Steps to The Junction's cafes, boutiques and restaurants, with UP Express, TTC and Humberside Collegiate close by. Income today, flexibility for the future and a prime west end location.
- Property type
- Detached
- Style
- 2 1/2 Storey
- Heating
- Baseboard
- Air conditioning
- Wall Unit(s)
- Basement
- Apartment, Finished with Walk-Out, Separate Entrance
- Garage
- None
- Parking spaces
- 2
- Central vac
- N
- Bathroom
- 3.51 × 4.65 m
- Living Room
- 4.8 × 5.13 m
- Living Room
- 4.14 × 5.87 m
- Kitchen
- 4.8 × 2.21 m
- Bathroom
- 3.25 × 4.44 m
- Bedroom 2
- 5.18 × 5.99 m
- Dining Room
- 1.45 × 2.72 m
- Kitchen
- 3.91 × 2.59 m
- Living Room
- 4.11 × 5.31 m
- Dining Room
- 1.27 × 2.9 m
- Bathroom
- 3.56 × 3.78 m
- Kitchen
- 3.71 × 2.97 m
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The area
AreaUnavailablewalk to transit
Unavailablegrocery stores within 1 km
Unavailablepublic schools within 1 km
Unavailableparks within 1 km
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Homsy estimate
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Cost to own
CostKnown monthly carrying costs
$519 / month
Property tax$519
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