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$ 1,299,000
Est. payment /mo
New
740 Lansdowne AVE Toronto W02, ON M6H 3Y8
4 Beds
3 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1100-1500
Municipality Toronto W02
Subdivision Dovercourt-Wallace Emerson-Junction
MLS Listing ID W13755698
Style 2-Storey
Bedrooms 4
Annual Tax Amount $5,022
Tax Year 2025
Property Sub-Type Triplex
Property Description
Legal triplex located in the Junction-Wallace pocket of West Toronto. Take advantage of this well-maintained and vacant property to place new market-rent-paying tenants with the potential to earn over 7% on invested capital. Walking distance to Lansdowne Station and the Bloordale Village, and a walk score of 91, makes this legal triplex easy to rent. This well-maintained property comprises three two-bedroom units featuring bright interiors, hardwood flooring, private entrances, access to a rear yard, a new roof, and a new furnace. With no existing tenancies, the property offers a true blank slate for leasing at current market rents, repositioning through upgrades, or holding as a turnkey income asset. Located in a well-connected area with exceptional walkability to shops, restaurants, community centres, and schools, the property benefits from strong and consistent tenant demand. This unique investment opportunity is ideal for investors seeking reliable rental cash flow, long-termstability, and portfolio diversification. The seller is a Registered Real Estate Agent (RREA).
Location
Province ON
County Toronto
Community Toronto W02
Area Toronto
Rooms
Family Room No
Basement Apartment
Kitchen 3
Separate Den/Office 2
Interior
Interior Features Carpet Free, Sump Pump, Water Meter
Cooling None
Fireplace No
Heat Source Gas
Exterior
Parking Features Available
Pool None
Roof Type Flat
Lot Frontage 25.0
Lot Depth 45.0
Total Parking Spaces 1
Building
Unit Features Hospital,Park,Public Transit,Rec./Commun.Centre,School
Foundation Concrete
Others
ParcelsYN No
Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.
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