740 Lansdowne Avenue, Toronto, ON M6H 3Y8
740 Lansdowne Avenue, Toronto, ON M6H 3Y8Basics
- Category: Apartment
- Type: Multi-family, Multifamily, Triplex
- Status: New
- MLS #: W12773252
Building Description
- Room Description: 10+5
- Bedroom Description: 4+2
- Bathrooms: 3
- Lot size, sq ft: 1206 sq ft
- Frontage: 25 ft.
- Land Depth: 45 ft.
- Square Footage: 1357.71
- Zoning: R(d0.6*740)
Remarks
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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, and access to a rear yard. 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. Seller is a Registered Real Estate Agent (RREA).
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Location
- Cross Streets: Lansdowne Avenue and Lappin Avenue
- Neighborhoods: Bloor Street West, Dovercourt-Wallace, Lansdowne, The Junction
Mechanicals
Amenities & Features
- Features: