740 Lansdowne Avenue, Toronto, Ontario M6H 3Y8

Listed for:
$1,299,000
0 beds
3 baths
Listed 20 days ago
Multi-Family 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-term stability, and portfolio diversification. The seller is a Registered Real Estate Agent (RREA). (id:27476)

Property Highlights

MLS® Number
W13767790
Type
Multi-family
Community Name
Dovercourt-Wallace Emerson-Junction
Land Size
25 x 45 FT
Parking Space Total
1

Building

Building Type
Multi-Family
Square Footage
1357 sqft
Bathrooms Total
3
Amenities
Public Transit
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
None

Utilities

Water
Municipal water

Location

Learn more about this property
Listing provided by:
ROYAL LEPAGE REAL ESTATE SERVICES LTD.
MLS® number:
W13767790
Agent:
Ian Wilson
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