$1,299,000
Available - For Sale
Listing ID: W13767790
740 Lansdowne Avenue , Toronto, M6H 3Y8, Toronto
| 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). |
| Price | $1,299,000 |
| Taxes: | $5022.22 |
| Tax Type: | Annual |
| Occupancy: | Vacant |
| Address: | 740 Lansdowne Avenue , Toronto, M6H 3Y8, Toronto |
| Postal Code: | M6H 3Y8 |
| Province/State: | Toronto |
| Legal Description: | PCL 7-3-T SEC M88; PT LT 7 BLK T PL M88 |
| Directions/Cross Streets: | Lansdowne Avenue and Lappin Avenue |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Apartment |
| Use: | Apts - 2 To 5 Units |
| Building Percentage: | T |
| Total Area: | 1357.00 |
| Total Area Code: | Square Feet |
| Office/Appartment Area: | 1357 |
| Office/Appartment Area Code: | Sq Ft |
| Area Influences: | Public Transit Subways |
| Washrooms: | 3 |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | No |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| ROYAL LEPAGE REAL ESTATE SERVICES LTD. |
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|
Paul Sanghera
Sales Representative
Dir:
416.877.3047
Bus:
905-333-3500
Fax:
905-333-3616
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Investment |
| Area: | Toronto |
| Municipality: | Toronto W02 |
| Neighbourhood: | Dovercourt-Wallace Emerson-Junction |
| Tax: | $5,022.22 |
| Baths: | 3 |
| Fireplace: | N |
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