740 Lansdowne Avenue Toronto, Ontario M6H 3Y8
$1,299,000
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). (id:55499)
Business
| Business Type | Residential |
| Business Sub Type | Apartments |
Property Details
| MLS® Number | W13767790 |
| Property Type | Multi-family |
| Community Name | Dovercourt-Wallace Emerson-Junction |
| Amenities Near By | Public Transit |
| Parking Space Total | 1 |
| Water Front Type | Waterfront |
Building
| Bathroom Total | 3 |
| Cooling Type | None |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 1,357 Ft2 |
| Type | Multi-family |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Public Transit |
| Size Depth | 45 Ft |
| Size Frontage | 25 Ft |
| Size Irregular | 25 X 45 Ft |
| Size Total Text | 25 X 45 Ft |
| Zoning Description | R(d0.6*740) |
Contact Us
Contact us for more information
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
September 10 2026 06:33:43
Toronto Regional Real Estate Board
Royal LePage Real Estate Services Ltd.