346 Indian Road Crescent, Toronto, Ontario, Canada, M6P2H1
1,599,000
for Sale
3 + 1
3
1500-2000
About the 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 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.
Extra info:
All electrical light fixtures; All window coverings (except any belonging to tenant). All Appliances in 3 units - 3 x Stove, 2 extractor fans, 3 x Fridge, 3 x Dishwasher, 3 x Washer/Dryer.2 Heat pumps - ductless (Mini split) system. Any garden tools in storage shed.
Open House
September 122:00 PM - 4:00 PM
September 132:00 PM - 4:00 PM
Detached
detached
- Property Type:
- Detached
- Status:
- for Sale
- House Style:
- detached
- Bedrooms:
- 3 + 1
- Bathrooms:
- 3
- Land Size:
- 20.83 x 108.43 FT
- Garage/Parking Type:
- Lane
- Parking Places:
- 2
- Heating Type:
- Baseboard
- Heating Fuel:
- Electric
- Cross Street:
- Dundas St. & Annette St.
- Exterior:
- Stucco (Plaster)
- Basement:
- Apartment,Fi, Apartment,Fi
- Fronting On:
- W
- Possession Date:
- TBA
- Annual Property Taxes:
- 6,222.89
- Listing ID:
- W13752852
Rooms
Dimensions
Main
- Living Room
- 4.11m x 5.31m Hardwood Floor Open Concept Closet
- Kitchen
- 3.71m x 2.97m Tile Floor Open Concept Breakfast Bar
- Dining Room
- 1.45m x 2.72m Hardwood Floor Open Concept Combined w/Kitchen
- Bathroom
- 3.51m x 4.65m Hardwood Floor W/O To Deck Closet
Second
- Living Room
- 4.14m x 5.87m Hardwood Floor Open Concept Window
- Kitchen
- 3.91m x 2.59m Hardwood Floor Open Concept Breakfast Bar
- Dining Room
- 1.27m x 2.9m Hardwood Floor Open Concept Combined w/Kitchen
- Bathroom
- 3.56m x 3.78m Hardwood Floor W/O To Balcony Closet
Third
- Bedroom 2
- 5.18m x 5.99m Broadloom Window Closet
Basement
- Living Room
- 4.8m x 5.13m Laminate Open Concept Combined w/Dining
- Kitchen
- 4.8m x 2.21m Laminate Open Concept Breakfast Area
- Bathroom
- 3.25m x 4.44m Laminate Window Closet
Brokered by:
Royal Lepage Real Estate Services Ltd.
Source: TRREB/PROPTX
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