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740 Lansdowne Av
Toronto, ON M6H 3Y8
Multifamily Property For Sale
·
3 Units
Investment Highlights
- Fully Vacant, Legal Triplex
- Walking distance to Lansdowne Station and Bloordale Village
- Potential to earn over 7% on invested capital
Executive Summary
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).
Property Facts
| Price Per Unit | $466,333 CAD | Lot Size | 0.03 AC |
| Sale Type | Investment | Building Size | 1,440 SF |
| No. Units | 3 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1913 |
| Zoning | R(d0.6*740) | ||
| Price Per Unit | $466,333 CAD |
| Sale Type | Investment |
| No. Units | 3 |
| Property Type | Multifamily |
| Lot Size | 0.03 AC |
| Building Size | 1,440 SF |
| No. Stories | 2 |
| Year Built | 1913 |
| Zoning | R(d0.6*740) |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 3 | - | - |
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