agent pic
266 Highfield Road Image 1

$1,388,000

Jun 10Att/Row/Townhouse For Sale
bedrooms3bed
washrooms7bath
MLS - #E12210466

266 Highfield Road, Toronto E01, ON M4L 2V5

Virtual Tours

2
Similar Homes Found
$1,297,000
Average Price
7.0%
Higher than average

Price Comparison

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licensed real estate agent for accurate comparison.

Property Description

Property type

Att/Row/Townhouse

Lot size

N/A

Style

2-Storey

Approx. Area

N/A

Room Information

Room TypeDimension (length x width)FeaturesLevel
Kitchen4.29 x 2.57 mModern Kitchen, Renovated, WindowSecond
Living Room4.29 x 3.43 mHardwood Floor, Large WindowSecond
Bedroom2.72 x 3.58 mHardwood Floor, Window, ClosetSecond
Bathroom2.72 x 1.6 m4 Pc Bath, Renovated, WindowSecond

About 266 Highfield Road

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.

Home Overview

Last updated

5 hours ago

Virtual tour

None

Basement information

Separate Entrance, Apartment

Building size

--

Status

In-Active

Property sub type

Att/Row/Townhouse

Maintenance fee

$N/A

Year built

--

Listed by RE/MAX ULTIMATE REALTY INC.

Additional Details

Basement:Separate Entrance, Apartment
Cooling:Central Air
Heating:Forced Air
Parking Features:Lane

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

Location

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Walk Score for 266 Highfield Road

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