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Parminder Mand

pmand@yycinvestments.ca +1(403) 615-5492

$ 1,388,000

Est. payment | -/mo

3 Beds

3 Baths

1,100 SqFt

Save Virtual Tour

$ 1,388,000

Est. payment | -/mo

Save Virtual Tour

3 Beds

3 Baths

1,100 SqFt

OPEN HOUSE

Sat Jun 14, 2:00pm - 4:00pm

Sun Jun 15, 2:00pm - 4:00pm

Key Details

Property Type Townhouse

Sub Type Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 1,100 sqft

Price per Sqft $1,261

Subdivision Greenwood-Coxwell

MLS® Listing ID E12210466

Bedrooms 3

Property Sub-Type Townhouse

Source Toronto Regional Real Estate Board

Property Description

Ready for an investment that brings both style and income? Welcome to 266 Highfield Rd, a renovated, 3-unit home on a peaceful, tree-lined street in the heart of Little India. This one's more than just good looks, it brings in a solid $6,785/month across three self-contained 1-bedroom units, including a bright, loft-style basement suite which makes it the perfect purchase for a first-time buyer! Its a home for your future family to grow into over time, or keep as a solid investment. Its also perfect to keep aging loved ones close-by enjoying private separate suites in close proximity. Smart investors will spot the value right away: two laneway parking spots, private outdoor space for each unit, and a projected cap rate of 5.32% with positive cash flow. The home has seen extensive renovations since 2012, including a full basement dig-out, all completed with permits. Its registered with the City of Toronto as a 3-unit dwelling, so you can buy with confidence. All three units are currently vacant, giving you flexibility. Move into one and rent out the other two, or set market rents across the board and hold it as a strong income property. Each unit features a modern kitchen, ensuite laundry, and its own outdoor area, perfect for quiet mornings or hosting friends. Whether you're looking for a solid, turn-key investment or a home that offsets your mortgage, this property checks all the boxes. Don't wait, this ones worth seeing in person. (id:24570)

Location

Province ON

Rooms

Kitchen 3.0

Extra Room 1 Second level 4.29 m X 2.57 m Kitchen

Extra Room 2 Second level 4.29 m X 3.43 m Living room

Extra Room 3 Second level 2.72 m X 3.58 m Bedroom

Extra Room 4 Second level 2.72 m X 1.6 m Bathroom

Extra Room 5 Basement 3.25 m X 2.36 m Bedroom

Extra Room 6 Basement 2.57 m X 2.39 m Bathroom

Interior

Heating Forced air

Cooling Central air conditioning

Flooring Hardwood, Concrete

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 2

Private Pool No

Building

Lot Description Landscaped

Story 2

Sewer Sanitary sewer

Others

Ownership Freehold

Virtual Tour https://www.cirius3d.com/tour/406639

Listed by RE/MAX ULTIMATE REALTY INC.

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(403) 615-5492

pmand@yycinvestments.ca

Canada

266 HIGHFIELD ROAD Toronto (greenwood-coxwell), ON M4L2V5

Parminder Mand

OPEN HOUSE

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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266 HIGHFIELD ROAD