346 Indian Road Crescent, Toronto - Listed at $1,599,000. | Modern Solution Realty

346 Indian Road Crescent, Toronto

346 Indian Road Crescent in Toronto - 4 bedroom, 3 bathroom. Listed at $1,599,000.

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 Details

  • Property Type: Mortgage
  • Style: 2 1/2 Storey
  • Square Footage: 1750 sqft
  • Basement: Apartment
  • Heating: Electric
  • Cooling: Wall Unit(s)
  • Parking: 2 spaces
  • Property Taxes: $6,222.89/yr
  • Neighbourhood: Junction Area
  • Postal Code: M6P 2H1

View photos, details, and schedule a showing with Modern Solution Realty. 1% commission listing services available.