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SaleInvestment

740 Lansdowne Avenue

Toronto W02, ON M6H 3Y8

Price

$1,299,000

Building Size

1,357 sq ft

Lot: 1,206 sq ft

MLS# W13767790 | Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Business Details

Business Type

Apts - 2 To 5 Units

Property Use

Apartment

Commercial Space & Financials

Office / Apt Area

1,357 sq ft

Taxes (Annual)

$5,022.22

Industrial Specifications

Parking

1 spaces (None)

Lot Size

25' × 45'

Structure

Freestanding

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-term stability, and portfolio diversification. The seller is a Registered Real Estate Agent (RREA).

Price & Status History

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Location

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740 Lansdowne Avenue, Toronto W02 M6H 3Y8

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Listing Courtesy of: ROYAL LEPAGE REAL ESTATE SERVICES LTD.

This listing is provided through the TRREB MLS® System. Contact the listing brokerage for more information.

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