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.
For sale
C$1,388,000
266 Highfield Rd #E01, Toronto, ON M4L 2V5
3beds
3baths
Townhouse
Built in ----
1,593.93 Square Feet Lot
$-- Zestimate®
C$--/sqft
C$-- HOA
What's special
Tree-lined streetBright loft-style basement suiteModern kitchenEnsuite laundryOwn outdoor area
- 1 day
- on Zillow |
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Zillow last checked: 7 hours ago
Listing updated: June 10, 2025 at 01:57pm
Listed by:
RE/MAX ULTIMATE REALTY INC.
Source: TRREB,MLS®#: E12210466
Originating MLS®#: Toronto Regional Real Estate Board

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
Bedroom
- Level: Basement
- Dimensions: 3.25 x 2.36
Bedroom
- Level: Second
- Dimensions: 2.72 x 3.58
Bedroom
- Level: Main
- Dimensions: 2.95 x 3.18
Bathroom
- Level: Main
- Dimensions: 2.24 x 1.14
Bathroom
- Level: Second
- Dimensions: 2.72 x 1.6
Bathroom
- Level: Basement
- Dimensions: 2.57 x 2.39
Kitchen
- Level: Second
- Dimensions: 4.29 x 2.57
Kitchen
- Level: Basement
- Dimensions: 3.94 x 3.2
Kitchen
- Level: Main
- Dimensions: 4.34 x 3.66
Living room
- Level: Basement
- Dimensions: 3.94 x 3.68
Living room
- Level: Second
- Dimensions: 4.29 x 3.43
Living room
- Level: Main
- Dimensions: 3.35 x 4.62
Heating
- Forced Air, Gas
Cooling
- Central Air
Features
- Floor Drain, Separate Hydro Meter
- Flooring: Carpet Free
- Basement: Separate Entrance,Apartment
- Has fireplace: No
Interior area
- Living area range: 1100-1500 null
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Lane
Features
- Stories: 2
- Patio & porch: Deck, Porch
- Exterior features: Landscaped
- Pool features: None
- Waterfront features: None
Lot
- Size: 1,593.93 Square Feet
- Features: Rectangular Lot
Details
- Parcel number: 210360270
Construction
Type & style
- Home type: Townhouse
- Property subtype: Townhouse
Materials
- Brick
- Foundation: Brick
- Roof: Flat,Shingle
Utilities & green energy
- Sewer: Sewer
Community & HOA
Location
- Region: Toronto
Financial & listing details
- Annual tax amount: C$5,286
- Date on market: 6/10/2025
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