266 Highfield RD new

Toronto E01,ON M4L 2V5

$ 1388000

3 Beds

3 Baths

- SqFt


Key Details

Property Type Townhouse

Sub Type Att/Row/Townhouse

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1100-1500

Subdivision Greenwood-Coxwell

MLS Listing ID E12210466

Style 2-Storey

Bedrooms 3

Building Age 100+

Annual Tax Amount $5,286

Tax Year 2025

Property Sub-Type Att/Row/Townhouse

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.

Location

Province ON

County Toronto

Community Greenwood-Coxwell

Area Toronto

Rooms

Family Room No

Kitchen 3

Interior

Cooling Central Air

Exterior

Exterior Feature Deck,Landscaped,Porch

Parking Features Lane

Pool None

Waterfront Description None

Roof Type Flat,Shingles

Building

Foundation Brick

Others

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