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266 Highfield Road

Scarborough, M4L 2V5
3 Beds
3 Bath
1100-1500 sqft

$1,388,000

Est. Payment
$5,301/mo*
*Based on 20% down, 4% interest, 30-year term
Listed by RE/MAX ULTIMATE REALTY INC.
Att/Row/TownhouseMLS #E12210466New

Room Details

RoomFeaturesLevel
Kitchen
4.29 × 2.57 m
Modern KitchenRenovatedWindow
Second
Living Room
4.29 × 3.43 m
Hardwood FloorLarge Window
Second
Bedroom
2.72 × 3.58 m
Hardwood FloorWindowCloset
Second
Kitchen
4.34 × 3.66 m
Eat-in KitchenCombined w/LaundryBreakfast Area
Main
Living Room
3.35 × 4.62 m
Hardwood FloorLarge Window
Main
Bedroom
2.95 × 3.18 m
Hardwood FloorLarge Window
Main

Client Remarks

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.

About This Property

266 Highfield Road, Scarborough, M4L 2V5

Property Type
Att/Row/Townhouse
Lot Size
N/A
Style
2-Storey
Living Area
N/A

Home Overview

Basic Information

Last Updated
Virtual Tour
N/A
Basement
Separate Entrance, Apartment
Building Size
N/A
Status
In-Active
Property Type
Att/Row/Townhouse
Maintenance Fee
N/A
Year Built
N/A
satellite view
Walk around the neighborhood
266 Highfield Road, Scarborough, M4L 2V5
Sales Representative

Shally Shi

Sales Representative, Dolphin Realty Inc

English, Mandarin
Residential ResaleProperty ManagementPre Construction

Mortgage Information

Estimated Payment

$0 Principal and Interest

walking  Walk Score for 266 Highfield Road

Default Agent

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