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Triplex · Listed 13 days ago

346 Indian Road Toronto,ON M6P 2H1

Toronto, ON, Canada

3 Beds3 Baths2,000–2,000 sqft0 Built

List price

$1,499,000

Why This Property?

This 2,000-sq-ft detached triplex has three bedrooms and three bathrooms across three separately metered, self-contained units. Features include in-suite laundry, hardwood floors, a deck and backyard, and two-car parking off a rear laneway. The Junction’s Dundas West retail strip and Line 2 access add neighbourhood convenience.

Facts & Features

Highlights

  • parking
  • hardwood

Bedrooms & bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full: 3
  • Half: 0

Living Area

  • 2,000–2,000 sqft

Stories

Lot size

  • 0.052 acres

Year built

  • 0

Property type

  • Triplex

Standard status

  • Active

Cooling

Heating

View

    Utilities

      Water / Sewer

      About This Property

      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.

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      Listing Broker

      ROYAL LEPAGE REAL ESTATE SERVICES LTD.

      MLS® TRREB · Listing #W13847780

      Frequently Asked Questions

      Everything you need to know about valuing and buying with RealOrca.

      How many units are in the property?
      It is configured as three self-contained, separately metered units, with three bedrooms and three bathrooms overall.
      What transit serves the Junction Area?
      TTC Line 2 is accessible at Dundas West station, with bus connections in the neighbourhood. Bloor also has UP Express and GO service.
      What is a triplex, and how is it different from other multi-unit homes in Toronto?
      A triplex is a property with three separate dwelling units within one building. In Toronto, triplexes are often chosen by buyers who want a home that can accommodate multiple households, support extended family living, or offer rental income potential, while still being managed as a single property.
      What should buyers know about purchasing a triplex in Toronto?
      Buying a triplex in Toronto usually involves reviewing the property’s zoning, permitted uses, unit configuration, and any existing tenancies. Buyers should also consider financing, inspections, insurance, and whether they plan to live in one unit, rent all units, or renovate over time. Working with a real estate professional familiar with multi-unit properties is helpful.
      Which Toronto neighbourhood features are important for triplex buyers?
      For triplex buyers, access to TTC transit, GO Transit connections, schools, parks, and everyday amenities can strongly influence both livability and rental appeal. Neighbourhoods with strong transit access and nearby services are often attractive because they make commuting and daily routines easier for residents in all three units.
      Are triplexes common in Toronto, and what are they typically like?
      Triplexes are a well-established housing type in Toronto, especially in older residential areas and along transit corridors. They are often found in low-rise buildings and may feature separate entrances, shared utilities, or a mix of updated and original finishes depending on the property’s age and renovation history.