$1,299,000
 $6,973 est/mo Sourced by Back At You

740 Lansdowne Avenue,Toronto (Dovercourt-Wallace Emer, ON M6H3Y8

Toronto (Dovercourt-Wallace Emer, ON M6H3Y8

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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). (id:13843)

Details

MLS #W13767790
Listing TypeFor Sale
StatusActive
Days On Site24
Listing Provided ByROYAL LEPAGE REAL ESTATE SERVICES LTD. | IAN WILSON

Features

Bath(s) 3 Total
SQ Feet1,357
ZoningR(d0.6*740)
Water FrontYes

Interior

CoolingNone
HeatingForced air, Natural gas
Fireplace Yes / NoNo

Parking

Parking Total1

Utilities

Water SourceMunicipal water

Taxes

Tax Annual Amount5022.22

Area Information

ProvinceON
CityToronto (Dovercourt-Wallace Emer
Postal CodeM6H3Y8
Listing VS Median (in M6H3Y8)
Price:
$1,299,000
low | high
Med:
$1,299,000
50% of Average
sqft:
1,357
low | high
Med:
1,229
59.469417833456% of Average
$ / sqft:
$957
low | high
Med:
$1,069
38.318181818182% of Average
On site:
24
low | high
Med:
25
96% of Average
Sourced by Back At You

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Contact

Learn More About This Property

Danilo Perisic

Danilo Perisic

Sutton Group - Quantum Realty Inc- Brokerage

Broker, Courtier (647) 470-0979daniloperisic@sutton.com
ProvinceON
CityToronto (Dovercourt-Wallace Emer
Postal CodeM6H3Y8
Listing VS Median (in M6H3Y8)
Price:
$1,299,000
low | high
Med:
$1,299,000
50% of Average
sqft:
1,357
low | high
Med:
1,229
59.469417833456% of Average
$ / sqft:
$957
low | high
Med:
$1,069
38.318181818182% of Average
On site:
24
low | high
Med:
25
96% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $974K - $1.623M
sqft: 1,000 - 1,500
Nearby Listings Property ImageNearby Listings Details
740 LANSDOWNE AVENUE Property Photo 1
$1,299,000
740 Lansdowne Avenue
Toronto (dovercourt-wallace Emer, ON M6H3Y8
971 LANSDOWNE AVENUE Property Photo 1
$1,199,999
971 Lansdowne Avenue
Toronto (dovercourt-wallace Emer, ON M6H3Z5
Listing Updated: October 2, 2026 at 10:03:23 AM PDT