New
50
16
$1,795,000
179 Gilmour Avenue, Toronto, ON M6P 3B2
Junction Area · W02
3 bd
3 ba
1,500 sf
2
1 months on marketMLS® W13639202
Listing courtesy of RIGHT AT HOME REALTY
Junction Area · W02 · M6P 2H1
$1,599,000
$1,066 / sq ft5 days on market
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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.
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced in line with comparable listings — about 61% of comparable detached listings in Toronto are asking less.
Based on 96 comparable active detached listings in Toronto. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $1,599,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES LTD.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
Listing courtesy of Signature Elite Realty Ltd.
$1,795,000
Junction Area · W02
Listing courtesy of RIGHT AT HOME REALTY
$1,749,000
Junction Area · W02
Listing courtesy of VANGUARD REALTY BROKERAGE CORP.
