740 LANSDOWNE AVENUE
Toronto (Dovercourt-Wallace Emerson-Junction), Ontario
MLS® W13755698
$1,299,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- W13755698
- Bedrooms
- 6
- Bathrooms
- 3
- Year built
- —
1 / 23Listing 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).
Property summary
- MLS® number
- W13755698
- Property type
- Multi-family
- Building type
- Triplex
- Land size
- 25 x 45 FT
- Annual property taxes
- $5,022.22
- Parking
- 1 space · No Garage
- Days on market
- 9 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- None
- Basement
- Apartment in basement, N/A
- Appliances
- Water meter
- Exterior features
- Brick
- Lot features
- Carpet Free, Sump Pump
- Community features
- Community Centre
What would this home cost you?
Based on the $1,299,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES LTD., TORONTO.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.