346 Indian Road Crescent
Junction Area, Toronto, M6P 2H1
FOR SALE
$1,599,000
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3 + 1
BEDROOMS 3
BATHROOMS 2 + 1
KITCHENS 9 + 3
ROOMS W13752852
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Property 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.
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Nearby Intersections
Property Features
Floor Drain, In-Law Suite, Sump Pump, Separate Heating Controls, Storage, Lane, Bath Grab Bars, Level Within Dwelling, Hard/Low Nap Floors, Multiple Entrances, Open Floor Plan, Parking, Shower Stall
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Property Details
Address
346 Indian Road Crescent
Community
City
Postal Code
M6P 2H1
Property Type
Detached, Detached
Lot Size
21' x 108'
Taxes
$6,223 (2026
Basement
Apartment, Finished with Walk-Out, Separate Entrance
Heat Type
Baseboard
Heat Source
Electric
Water
Municipal
Parking Spaces
2
Garage Type
None
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Listing contracted with Royal Lepage Real Estate Services Ltd.
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