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
- Facing: West

- Bedrooms: 4

- Bathrooms: 3

- Garages:

- Kitchens: 2

Details
- Lot size: 25.00 x 45.00 Feet

- Space: 1100-1500

- Tax: $ 5022.22

- W12773252

- Listing contracted with: ROYAL LEPAGE REAL ESTATE SERVICES LTD.
| Bathroom | Pieces | Level | |
|---|---|---|---|
| 1xBath | 3 pcs | Main |
|
| 1xBath | 3 pcs | Second |
|
| 1xBath | 4 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
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Home schoolRank: 1590 out of 3022 (Score: 6.0)Distance to school: 0.6 km (~11 min walk)
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Home schoolRank: 649 out of 3022 (Score: 4.0) 5 year average: 518/3022 (Score: 4.9)Distance to school: 1.4 km (~25 min walk)
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ST JOSAPHAT (Grade: JK - 8)
Catholic French Immersion school
Distance to school: 8.9 km (~27 min drive) -
JAMES CULNAN (Grade: JK - 8)
Catholic French Immersion school
Rank: 1590 out of 3022 (Score: 6.0)Distance to school: 3.2 km (~10 min drive) -
ST SEBASTIAN (Grade: JK - 8)
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) -
ST CLARE (Grade: 5 - 8)
Catholic French Immersion school
Rank: 1807 out of 3022 (Score: 5.7)Distance to school: 1.7 km (~30 min walk) Secondary Schools
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Home schoolRank: 48/746 (Score: 8.5) 5 year average: 40/746 (Score: 8.2)Distance to school: 0.9 km (~17 min walk)
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Loretto (Grade: 9-12)
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) -
Bishop Marrocco/Thomas Merton (Grade: 9-12)
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)


































