$1,388,000
9.36 BTC
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Map
266 Highfield Road, Toronto
$1,388,000
PRICE
2 + 1
BEDROOMS
3
BATHROOMS
E12210466
MLSID

266 Highfield Road, Toronto

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.
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Sold History

SOLD
21 September 2012
$488,000

Summary

Address
266 Highfield Road
MLSID
E12210466
Property Type
Att/Row/Townhouse
Property Category
Bedrooms
2 + 1
Bathrooms
3
Kitchens
2 + 1
Taxes (Annual)
$5,286.15
Tax Year
2025
Published
June 10, 2025
Days on Market
28 Days
Possession Type
Flexible
Possession Details
Immediate
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Inclusions

3 fridges, 3 stoves, 2 microwaves, 1 dishwasher, 2 washers, 2 dryers. All light fixtures, window coverings. Lots of features to be highlighted - see attached cash flow analysis, feature sheet along with the floor plans, virtual tour and walk through video!

Exclusions

All staged furniture. Cast iron fireplace insert in basement.

Details

Bathroom 1
4-Piece Second Level
Bathroom 2
3-Piece Main Level
Bathroom 3
4-Piece Basement Level
Parking Spaces
2
Parking Total
2
Parking Features
Lane
Architectural Style
2-Storey
Lot Size
1,594
Lot Width
17 Feet
Lot Depth
92 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Vacant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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Listing Contracted with RE/MAX ULTIMATE REALTY INC.
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Date
Time
Fri, Jul 11
9:00 AM
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