346 INDIAN ROAD CRESCENT
Toronto (Junction Area), Ontario
MLS® W13752852
$1,599,000
- Status
- Active
- Property type
- House
- MLS® number
- W13752852
- Bedrooms
- 4
- Bathrooms
- 3
- Year built
- —
1 / 51Listing 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 cafés, 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 summary
- MLS® number
- W13752852
- Property type
- Single Family
- Building type
- House
- Title
- Freehold
- Land size
- 20.8 x 108.4 FT
- Annual property taxes
- $6,222.89
- Parking
- 2 spaces · No Garage
- Days on market
- 2 days
Features & details
- Heating
- Baseboard heaters, Electric
- Cooling
- Wall unit
- Basement
- Finished, Apartment in basement, Separate entrance, Walk out, N/A, N/A, N/A
- Flooring
- Tile, Hardwood, Laminate, Carpeted
- Appliances
- All, Washer, Refrigerator, Dishwasher, Stove, Dryer, Storage Shed, Window Coverings
- Exterior features
- Stucco, Brick Veneer
- Lot features
- Lane, Sump Pump, In-Law Suite
What would this home cost you?
Based on the $1,599,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES LTD., TORONTO.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.