HomeScope GTA logo
Listing photo of 740 LANSDOWNE AVENUE

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

View this property on the map

740 LANSDOWNE AVENUE, Toronto, M6H3Y8

Loading the property map.

Nearby Schools

Schools near 740 LANSDOWNE AVENUE

View all Toronto schools

Distances are measured in a straight line from this property.

Proximity does not guarantee enrollment eligibility. Verify attendance boundaries and admission requirements with the relevant school board before making a decision.

Estimate Tool

Mortgage Payment Calculator

Estimate monthly principal and interest, then add common carrying costs for a clearer planning number.

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.

Helpful Guide

Buying advice and document help

If you are planning a purchase, it helps to understand the buyer process and keep your financing and closing documents organized.

Similar Homes Nearby

More homes in Toronto