740 Lansdowne Ave

LocationDovercourt-Wallace Emerson-Junction, Toronto, M6H 3Y8
$1.399M For Sale
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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 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).

Features

  • House Facing
    Facing: West
  • Bedrooms
    Bedrooms: 4
  • Bathrooms
    Bathrooms: 3
  • Garages
    Garages:
  • Kitchens
    Kitchens: 2

Details

  • Front Lot
    Lot size: 25.00 x 45.00 Feet
  • Lot Depth
    Space: 1100-1500
  • Tax Amount
    Tax: $ 5022.22
  • MLS
    W12773252
  • Listing contracted with: ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Bathroom Pieces Level
1xBath3 pcs

Main

1xBath3 pcs

Second

1xBath4 pcs

Lower



Property Summary

Located close to the intersection of Lansdowne Avenue and Lappin Av, 740 Lansdowne Ave is a 4+2 bedrooms 3 washrooms Triplex. The property basement is Apartment . The property has many nice features including Water Meter, Sump Pump and Carpet Free. .


School Information

  • Elementary Schools

  • Level
    Home school
    Rank: 1590 out of 3022 (Score: 6.0)
    Distance to school: 0.6 km (~11 min walk)
  • Level
    Home school
    Rank: 649 out of 3022 (Score: 4.0)   5 year average: 518/3022 (Score: 4.9)
    Distance to school: 1.4 km (~25 min walk)
  • Level
    ST JOSAPHAT (Grade: JK - 8)
    Catholic SchoolFrench Immersion School Catholic French Immersion school
    Distance to school: 8.9 km (~27 min drive)
  • Level
    JAMES CULNAN (Grade: JK - 8)
    Catholic SchoolFrench Immersion School Catholic French Immersion school
    Rank: 1590 out of 3022 (Score: 6.0)
    Distance to school: 3.2 km (~10 min drive)
  • Level
    ST SEBASTIAN (Grade: JK - 8)
    Catholic SchoolFrench Immersion School Catholic French Immersion school
    Rank: 404 out of 3022 (Score: 5.9)   5 year average: 353/3022 (Score: 6.1)
    Distance to school: 0.5 km (~9 min walk)
  • Level
    ST CLARE (Grade: 5 - 8)
    Catholic SchoolFrench Immersion School Catholic French Immersion school
    Rank: 1807 out of 3022 (Score: 5.7)
    Distance to school: 1.7 km (~30 min walk)
  • Secondary Schools

  • Level
    Home school
    Rank: 48/746 (Score: 8.5)   5 year average: 40/746 (Score: 8.2)
    Distance to school: 0.9 km (~17 min walk)
  • Level
    Loretto (Grade: 9-12)
    Catholic School Catholic School
    Rank: 380/746 (Score: 6.0)   5 year average: 457/746 (Score: 5.4)
    Distance to school: 1.3 km (~23 min walk)
  • Level
    Catholic SchoolProgram AP Catholic AP program school
    Rank: 506/746 (Score: 5.3)   5 year average: 516/746 (Score: 4.9)
    Distance to school: 1.0 km (~19 min walk)


Commute Information

Toronto Subway Lansdowne Subway Station (0.7km)
GTA Go Train Bloor Go Train Station (0.9km)

Location





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