346 Indian Road Crescent, Toronto, ON M6P 2H1

About this property

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 facts & features

Property type

Detached

MLS® number

W13847780

Source status

New

Bedrooms

4

Bathrooms

3

Reported interior area

Not provided

Neighbourhood

Not provided

Postal code

M6P 2H1

Parking spaces

2

Garage

None

Lot depth (source units)

108.43

Annual property tax

6222.89

Basement

Apartment, Finished with Walk-Out, Separate Entrance

Laundry

Not provided

Interior features

Floor Drain, In-Law Suite, Sump Pump, Separate Heating Controls, Storage

Exterior features

Not provided

Values and units are reported by the listing source. Verify measurements and fees with the brokerage.

Floor plans & room measurements

Floor plans and verified room measurements are not available for this property.

Property value & listing history

Multi-event history, valuations and sold comparables require verified property identity and display permissions. No historical events or estimated values have been inferred.

Plan your monthly ownership costs

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Planning estimate with Canadian semiannual compounding. Excludes mortgage insurance, closing costs and special assessments. This is not a lender quote or mortgage approval.

Location & neighbourhood

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