$1,499,000
Est. payment $6,637/moCalculate yours
346 Indian Road Crescent, Toronto, ON M6P 2H1
Junction Area, Toronto, ON M6P 2H1
- 3 + 1 Beds
- 3 Baths
- 1,500 Sq Ft
Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES LTD. MLS® W13847780
About this home
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.
Property details
Overview
- Property Type
- Triplex
- Style
- 2 1/2 Storey
- For
- For Sale
- Status
- New
- Approximate Age
- 100+
- Size
- 1,500 sqft
Interior
- Bedrooms
- 3 + 1
- Bathrooms
- 3
- Kitchens
- 3
- Basement
- Apartment, Finished with Walk-Out, Separate Entrance
Building & Systems
- Heating
- Baseboard (Electric)
- Cooling
- Wall Unit(s)
- Exterior
- Stucco (Plaster), Brick Veneer
- Foundation
- Unknown
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 20.83 x 108.43 Feet
- Parking
- None garage · 2 total
Financial
- Property Taxes
- $6,223 (2026)
Location
- Neighbourhood
- Junction Area
- Cross Street
- Dundas St. & Annette St.
- Direction Faces
- West
Listing
- MLS® Number
- W13847780
- Days on Market
- 17
- Listed On
- 2026-10-01
- Possession
- TBA
- Listed By
- ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Rooms
Features
Interior
- Floor Drain
- In-Law Suite
- Sump Pump
- Separate Heating Controls
- Storage
Pool
- None
- Included
- 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.
- Excluded
- None
- Rental items
- Hot water tank - $53.17 (Incl. HST)
Mortgage calculator
Estimated mortgage payment
$6,637 per month
- Principal and interest
- $6,637
- Property tax
- $519
- Condo fees
- $0
- Estimated monthly cost
- $7,156
Your mortgage
- Mortgage amount
- $1,199,200
- Mortgage insurance
- Not needed
- Interest over 25 years
- $791,974
Cash to close
- Down payment
- $299,800
- Land transfer tax (Ontario + Toronto)
- $52,910
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $352,710
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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