740 LANSDOWNE AVENUE , Toronto Ontario M6H3Y8

Sale $1,399,000  | 
Listing # W12773252
null null null
Office Listing:

Ian Wilson, Sales Representative  |  Christopher Chandler, Sales Representative

ANGELA BALAN

ANGELA BALAN

Sales Representative

Phone: 416.236.1871
Mobile: 416.509.2557

angela@angelabalan.com
www.angelabalan.com

Royal LePage Real Estate Services Ltd., Brokerage

Brokerage

3031 BLOOR STREET WEST
Toronto,  ON M8X1C5

Remarks:

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 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, and access to a rear yard. 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. Seller is a Registered Real Estate Agent (RREA). (id:7525)

Investment

Neighbourhood: Dovercourt-Wallace Emerson-Junction
Lot Frontage: 25 Feet
Lot Depth: 45 Feet
Lot Size: 25 x 45 FT
No. of Parking Spaces: 1
Floor Space (approx): 1100 - 1500 Square Feet
Bedrooms: 4+2
Bathrooms (Total): 3
Zoning: R(d0.6*740)

Property Features:

Amenities Nearby: Hospital , Park , Public Transit , Schools
Community Features: Community Centre
Features: Carpet Free , Sump Pump
Parking Type: No Garage
Property Type: Multi-family
Sewer: Sanitary sewer

Building Features:

Appliances: Water meter
Basement Type: N/A
Building Type: Triplex
Cooling Type: None
Exterior Finish: Brick
Foundation Type: Concrete
Heating Fuel: Natural gas
Heating Type: Forced air