
Toronto
Toronto
$1,299,000
740 LANSDOWNE AVENUE, Toronto, M6H3Y8
MLS Number: W13767790
Beds
0
Baths
3
Listing
For Sale
Type
Freehold
Square Feet
1,357
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-term stability, and portfolio diversification. The seller is a Registered Real Estate Agent (RREA).
Location
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740 LANSDOWNE AVENUE, Toronto, M6H3Y8
Nearby Schools
Schools near 740 LANSDOWNE AVENUE
Distances are measured in a straight line from this property.
St Sebastian Catholic School
Elementary school · Grades JK-8
Toronto CDSB
717 Brock Ave, Toronto, Ontario, M6H3P1
St Luigi Catholic School
Elementary school · Grades JK-8
Toronto CDSB
2 Ruskin Ave, Toronto, Ontario, M6P3P8
Pauline Junior Public School
Elementary school · Grades JK-6
Toronto DSB
100 Pauline Ave, Toronto, Ontario, M6H3M8
Perth Avenue Junior Public School
Elementary school · Grades JK-6
Toronto DSB
14 Ruskin Ave, Toronto, Ontario, M6P3P8
Dovercourt Public School
Elementary school · Grades JK-8
Toronto DSB
228 Bartlett Ave, Toronto, Ontario, M6H3G4
St Anthony Catholic School
Elementary school · Grades JK-8
Toronto CDSB
130 Shanly Street, Toronto, Ontario, M6H1L9
St Rita Catholic School
Elementary school · Grades JK-8
Toronto CDSB
178 Edwin Ave, Toronto, Ontario, M6P3Z9
École élémentaire Charles-Sauriol
Elementary school · Grades JK-8
CS Viamonde
55 Pelham avenue, Toronto, Ontario, M6N1A5
Proximity does not guarantee enrollment eligibility. Verify attendance boundaries and admission requirements with the relevant school board before making a decision.
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Down Payment
$259,800
Mortgage Amount
$1,039,200
Principal + Interest
$6,009 / mo
5-Year Term Payments
$360,519
Estimated Monthly Carrying Cost
$6,659
Includes principal, interest, property tax, condo fees, and heating estimates.
This is a planning estimate only. It excludes mortgage insurance, lender qualification rules, legal fees, insurance, utilities beyond heating, and other closing or ownership costs.
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