740 Lansdowne Avenue, Toronto, Ontario, Canada, M6H3Y8

1,299,000
for Sale
4 + 2
3
1100-1500

About the property:

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).

House features:

false
Triplex triplex
Property Type:
Triplex
Status:
for Sale
House Style:
triplex
Bedrooms:
4 + 2
Bathrooms:
3
Land Size:
25 x 45 FT
Parking Places:
1
Heating Type:
Forced Air
Heating Fuel:
Gas
Cross Street:
Lansdowne Avenue and Lappin Av
Exterior:
Brick
Basement:
Apartment, Apartment
Fronting On:
W
Possession Date:
TBA
Annual Property Taxes:
5,022.22
Listing ID:
W13755698

Rooms

Dimensions

Brokered by:
Royal Lepage Real Estate Services Ltd.
Source: TRREB/PROPTX
Presented By:

APRIL ESTEVES

Sales Representative

ROYAL LEPAGE REAL ESTATE SERVICES LTD. Brokerage*