740 Lansdowne Avenue,Toronto W02, ON M6H 3Y8
Toronto W02, ON M6H 3Y8
Description
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).
Details
| MLS # | W13767790 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 39 |
| Listing Provided By | ROYAL LEPAGE REAL ESTATE SERVICES LTD. | W13767790 519052 |
Features
| Bath(s) | 3 |
|---|---|
| SQ Feet | 1,357 |
| Acreage | 0.03 |
Interior
| Cooling | No |
|---|
Exterior
| Community Features | Public Transit, Subways |
|---|
Utilities
| Utilities | Yes |
|---|
Taxes
| Tax Annual Amount | 5022.22 |
|---|---|
| Tax Type | Annual |
| Tax Legal Description | PCL 7-3-T SEC M88; PT LT 7 BLK T PL M88 TORONTO COMM AT THE S ELY ANGLE OF SAID LT; THENCE NLY ALONG THE WLY LIMIT OF LANSDOWN AV 25 FT MORE OR LESS TO WHERE IT IS INTERSECTED BY THE PRODUCTION ELY OF THE NLY FACE OF THE NLY WALL OF THE HOUSE ON THIS LAND; THENCE WLY ALONG THE SAID PRODUCTION TO AND ALONG THE SAID NLY FACE OF WALL AND ITS PRODUCTION WLY 45 FT MORE OR LESS TO THE REAR THEREOF; THENCE SLY ALONG THE SAID REAR OF LT, 24 FT 11 INCHES MORE OR LESS TO THE S WLY ANGLE THEREOF; THENCE |
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| Region | Toronto |
| City | Toronto W02 |
| Postal Code | M6H 3Y8 |
| Area | Dovercourt Wallace Emerson Junction |
| Listing VS Median (in M6H 3Y8) | |
Price: $1,299,000 low | high Med: $1,299,000 sqft: 1,357 low | high Med: 1,357 $ / sqft: $957 low | high Med: $957 On site: 39 low | high Med: 39 | |
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Learn More About This Property
| Province | ON |
|---|---|
| Region | Toronto |
| City | Toronto W02 |
| Postal Code | M6H 3Y8 |
| Area | Dovercourt Wallace Emerson Junction |
| Listing VS Median (in M6H 3Y8) | |
Price: $1,299,000 low | high Med: $1,299,000 sqft: 1,357 low | high Med: 1,357 $ / sqft: $957 low | high Med: $957 On site: 39 low | high Med: 39 | |