740 Lansdowne Avenue, Toronto, ON M6H 3Y8
Toronto, ON M6H 3Y8
About this 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).
Property facts & features
- Property type
- Triplex
- MLS® number
- W13755698
- Source status
- New
- Bedrooms
- 6
- Bathrooms
- 3
- Reported interior area
- Not provided
- Neighbourhood
- Not provided
- Postal code
- M6H 3Y8
- Parking spaces
- 1
- Garage
- None
- Lot depth (source units)
- 45
- Annual property tax
- 5022.22
- Basement
- Apartment
- Laundry
- Not provided
- Interior features
- Carpet Free, Sump Pump, Water Meter
- Exterior features
- Not provided
Values and units are reported by the listing source. Verify measurements and fees with the brokerage.
Floor plans & room measurements
Floor plans and verified room measurements are not available for this property.
Property value & listing history
New · $1,299,000
Multi-event history, valuations and sold comparables require verified property identity and display permissions. No historical events or estimated values have been inferred.
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Explore active properties in Toronto →Listing brokerage: ROYAL LEPAGE REAL ESTATE SERVICES LTD.. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® W13755698. Information deemed reliable but not guaranteed.