$1,650,000
Toronto
560 Indian Grove, Toronto (Junction Area), Ontario, M6P2J4
This multi-family property in Toronto is for sale.
Investment gem in The Junction. This exceptional Edwardian semi-detached multiplex blends timeless architectural character with stable income, owner-occupier flexibility, and future redevelopment potential on a corner lot. Situated on one of the neighbourhood's most coveted tree-lined streets, this beautifully maintained property sits on an extra-wide 34.33 x 100 ft lot.A rarely available Toronto offering, the property features four self-contained suites across four levels (1 x 2-bedroom, 3 x 1-bedroom), each with dedicated outdoor space, central heating and air conditioning, and its own parking space-four parking spots in total. These highly desirable features consistently attract quality long-term tenants and support exceptional rental stability in one of Toronto's premier rental corridors.Ideal as a live-and-earn opportunity or turnkey investment, the property currently generates $88,400/year. Future value-add and redevelopment potential align with Toronto's evolving multiplex and EHON initiatives.The main-floor 2-bedroom suite showcases a renovated chef-inspired kitchen with granite counters, exposed brick accent wall, hardwood floors, 9'2" ceilings, in-suite laundry, and charming front porch. Upper suites feature private balconies and patios, while the lower-level 1-bedroom offers above-grade windows, private entrance, in-suite laundry, and outdoor space.Steps to Dundas West's trendy shops, acclaimed restaurants, cafés, craft breweries, TTC, the Railpath, High Park, and Stockyards Village.Detailed financials, feature sheet and pro forma available upon request. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 166 days on market, against an average age of 62 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This 5-bed multi-family in Toronto (Junction Area) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $1,650,000, about 19.2× the local median household income of $86,000.
Carrying it typically needs a household income of about $322,303 (20% down, 25-yr amortization, stress-tested) — roughly 275% above the area median.
Source: Statistics Canada, 2021 Census (FSA M6P)
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Loading rates, 30-yr amortization
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.