740 Lansdowne Avenue, Toronto, Ontario M6H 3Y8

Listed for:
$1,299,000
6 beds
3 baths
Listed 22 days ago
Triplex for rent: 740 Lansdowne Avenue, Toronto, Ontario M6H 3Y8

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About

Lansdowne Avenue and Lappin Avenue 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). (id:27476)

Property Highlights

MLS® Number
W13755698
Type
Multi-family
Community Name
Dovercourt-Wallace Emerson-Junction
Land Size
25 x 45 FT
Parking Space Total
1

Building

Building Type
Triplex
Storeys
2.00
Square Footage
1100 - 1500 sqft
Bathrooms Total
3
Bedrooms Above Ground
4
Bedrooms Total
6
Amenities
Hospital, Park, Public Transit, Schools
Exterior Finish
Brick
Fireplace Present
No
Basement Type
N/A
Basement Features
Apartment in basement
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
None

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Location

Learn more about this property
Listing provided by:
ROYAL LEPAGE REAL ESTATE SERVICES LTD.
MLS® number:
W13755698
Agent:
Ian Wilson
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