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Est. payment | -/mo

10 Beds

9 Baths

Save

Est. payment | -/mo

Save

10 Beds

9 Baths

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000-2500

Municipality Toronto C01

Subdivision Dufferin Grove

MLS Listing ID C13198742

Style 2-Storey

Bedrooms 10

Annual Tax Amount $13,114

Tax Year 2025

Property Sub-Type Fourplex

Property Description

Exceptional opportunity to own a legal fourplex offering four fully self-contained, fully renovated units with modern finishes throughout-ideal for investors or end-users seeking strong income potential. The property features a main floor unit (2 bed, 2 bath, ~847 sq ft), upper unit (3 bed, 2 full bath + 1 powder, ~1,317 sq ft), basement unit (2 bed, 1 bath, ~908 sq ft with multiple windows), and a laneway suite (3 bed, 2 full bath + 1 powder, ~1,274 sq ft). Each unit offers separate entrances and private living space, enhancing functionality and privacy. All suites are updated with stainless steel appliances, stylish backsplashes, and in-suite washer/dryer, providing turnkey, low-maintenance living across all units. Strong investment fundamentals with an estimated cap rate of approximately 4.4%, with upside potential through rent increases in select units and the opportunity to capture higher market rents as tenancies turn over or new tenants are placed. 3 of 4 units are currently occupied with long-term, quality tenants paying at or slightly above market rent, providing stable in-place income. There is additional upside through future rent increases as well as potential turnover opportunities to reposition select units to higher market rents. The property may also offer flexibility for short-term rental use in certain units, subject to local regulations and buyer strategy. Each unit has hydro separately metered, while gas and water are split proportionately between units. Internet is the responsibility of each tenant and paid separately, supporting flexible and tenant-managed utility arrangements throughout the property. Parking potential exists on-site with the ability to create dedicated spaces, plus City of Toronto street parking used by some tenants. Conveniently located near Dufferin Mall, High Park, schools, groceries, and everyday amenities, with easy access to TTC and Bloor GO Station for easy commuting.

Location

Province ON

County Toronto

Community Toronto C01

Area Toronto

Rooms

Family Room No

Basement Apartment, Separate Entrance, Finished

Kitchen 4

Separate Den/Office 2

Interior

Interior Features Carpet Free

Cooling Central Air

Inclusions Existing: 4 S/S Fridges, 4 S/S stoves, 4 S/S Microwaves, 4 S/S Dishwashers. All elfs. All window rollers. All existing furniture and small appliances that belong to the Seller.

Exterior

Parking Features None

Pool None

Roof Type Asphalt Shingle

Lot Frontage 24.5

Lot Depth 134.0

Building

Foundation Concrete Block

Others

Senior Community No

ParcelsYN No

Listed by RE/MAX METROPOLIS REALTY

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(647) 493-3579

info@tonyledi.com

CAN

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447 Lansdowne AVE Toronto C01, ON M6H 3Y2