740 LANSDOWNE AVENUE, Toronto (dovercourt-wallace Emerson-junction), ON M6H3Y8
740 LANSDOWNE AVENUE, Toronto (dovercourt-wallace Emerson-junction), ON M6H3Y8
740 LANSDOWNE AVENUE, Toronto (dovercourt-wallace Emerson-junction), ON M6H3Y8
740 LANSDOWNE AVENUE, Toronto (dovercourt-wallace Emerson-junction), ON M6H3Y8
740 LANSDOWNE AVENUE, Toronto (dovercourt-wallace Emerson-junction), ON M6H3Y8
740 LANSDOWNE AVENUE, Toronto (dovercourt-wallace Emerson-junction), ON M6H3Y8
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Tony & Ledi Real Estate Team

Tony & Ledi Real Estate Team

+1(647) 493-3579
$ 1,299,000
Est. payment | /mo

6 Beds

3 Baths

1,100 SqFt


Save
$ 1,299,000
Est. payment | /mo
Save

6 Beds

3 Baths

1,100 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1100 - 1500

Square Footage 1,100 sqft

Price per Sqft $1,180

Subdivision Dovercourt-Wallace Emerson-Junction

MLS® Listing ID W13755698

Bedrooms 6

Property 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-termstability, and portfolio diversification. The seller is a Registered Real Estate Agent (RREA). (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Forced air

Cooling None

Exterior

Parking Features No

Community Features Community Centre

View Y/N No

Attached Garage No

Total Parking Spaces 1

Garage No

Private Pool No

Building

Story 2

Sewer Sanitary sewer

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Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.

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740 LANSDOWNE AVENUE