346 Indian Road Crescent,Toronto (Junction Area), ON M6P2H1
Toronto (Junction Area), ON M6P2H1
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. (id:13843)
Details
| MLS # | W13847780 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Status | Active |
| Days On Site | 25 |
| Listing Provided By | ROYAL LEPAGE REAL ESTATE SERVICES LTD. | GILLIAN ALICE RITCHIE |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 1,500 |
| Basement | Y |
| Story(s) | 2 |
Interior
| Cooling | Wall unit |
|---|---|
| Heating | Baseboard heaters, Electric |
| Appliances | All, Washer, Refrigerator, Dishwasher, Stove, Dryer, Storage Shed, Window Coverings |
| Fireplace Yes / No | No |
Exterior
| Lot Features | Lane, Sump Pump, In-Law Suite |
|---|---|
| Foundation Details | Unknown |
Parking
| Parking Features | No Garage |
|---|---|
| Parking Total | 2 |
Utilities
| Sewer | Sanitary sewer |
|---|---|
| Water Source | Municipal water |
Taxes
| Tax Annual Amount | 6222.89 |
|---|
Area Information
| Province | ON |
|---|---|
| City | Toronto (Junction Area) |
| Postal Code | M6P2H1 |
| Listing VS Median (in M6P2H1) | |
Price: $1,499,000 low | high Med: $1,499,000 sqft: 1,500 low | high Med: 1,500 $ / sqft: $999 low | high Med: $999 On site: 25 low | high Med: 25 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Toronto (Junction Area) |
| Postal Code | M6P2H1 |
| Listing VS Median (in M6P2H1) | |
Price: $1,499,000 low | high Med: $1,499,000 sqft: 1,500 low | high Med: 1,500 $ / sqft: $999 low | high Med: $999 On site: 25 low | high Med: 25 | |
