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. Originally built as a single family residence in 1890 and thoughtfully updated over the years, this spacious 2½ storey property is currently configured as three self contained 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, the property offers an appealing combination of character, functionality and long term potential. Each of the three units has been upgraded with a generously sized kitchen and bathroom and in suite laundry, and all three units are separately metered, creating comfortable, well appointed and independent living spaces throughout.

The bright main floor one bedroom suite features hardwood floors, a large living room with an oversized east facing window and an open concept kitchen with breakfast bar and dining space. The bedroom offers excellent closet space and a walkout to the refreshed deck and backyard, while a bathroom with glass shower and in suite laundry completes the suite.

Spanning the second and third floors, the spacious two bedroom suite offers a bright living room and open concept kitchen with breakfast bar and dining area. A second floor bedroom features a large closet and Juliette balcony, while the third floor king sized bedroom creates a private retreat with a skylight, multiple windows and generous closet space.

The lower level one bedroom suite is equally well designed, with a large living room, open concept kitchen with breakfast bar, bathroom, storage and a remarkably bright bedroom with two large south facing windows.

What makes 346 Indian Road Crescent particularly compelling is the opportunity it offers beyond its current configuration. Maintain all three income producing suites, live in one while the others help offset your mortgage, or, in the future, return the property to its original purpose as a substantial single family home while retaining the lower level apartment for additional income. The wide rear laneway and lot also offer potential for a future laneway house, creating the possibility of an additional dwelling, subject to the necessary approvals.

And then there is the location. Just a few doors from Mabel’s Bakery and a short stroll to the cafés, boutiques, restaurants and independent shops that make The Junction one of Toronto’s most loved west end neighbourhoods. The UP Express and TTC are close by, providing easy access downtown, and the property is located within the sought after Humberside Collegiate catchment.

Income today, flexibility for the future and the opportunity to ultimately create a family home in one of the west end’s best locations. 346 Indian Road Crescent is a property with possibilities at every stage of ownership.