346, Indian Road, Junction Area, Toronto, Residential Freehold
- 4 beds |
- 3 baths |
- 1500-2000 SQFT
Description
Residential Freehold Triplex For Sale.
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.
Interior Features: Floor Drain, In-Law Suite, Sump Pump, Separate Heating Controls, Storage
Cross Street: Dundas St. & Annette St.
Direction Faces: West
Key Facts
- Days on: 0 days
- Mls Status: Price Change
- Bedrooms Total: 4
- Bedrooms Below Grade: 1
- Bedrooms Above Grade: 3
- Bathrooms Total Integer: 3
- Lot Width: 20.83
- Kitchens Total: 3
- Parking Total: 2
- Parking Spaces: 2
- Parking Features: Lane
- Garage Type: None
- Heat Source: Electric
- Heat Type: Baseboard
- Cooling: Wall Unit(s)
- Living Area Range: 1500-2000 Square Feet
Location 346, Indian Road, Junction Area, Toronto
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