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Multiplex

740 Lansdowne Avenue

Dovercourt-Wallace Emerson-Junction · Toronto, M6H 3Y8

$1,299,000

Beds
4+2
Baths
3
Size
1,100-1,500 ft²
Type
Multiplex
Listed
52 days
MLS®
W13755698

About this home

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).

Property details

MLS® number
W13755698
Property type
Triplex
Style
2-Storey
Bedrooms
4+2
Bathrooms
3
Kitchens
3
Interior size
1,100-1,500 ft²
Lot
25 × 45 ft
Basement
Apartment
Heating
Forced Air, Gas
Parking
1 total
Exterior
Brick
Property taxes
$5,022 (2025)
Possession
TBA
Cross street
Lansdowne Avenue and Lappin Avenue
Community
Dovercourt-Wallace Emerson-Junction
City
Toronto

Location

Dovercourt-Wallace Emerson-Junction · Toronto, near Lansdowne Avenue and Lappin Avenue

740 Lansdowne Avenue, Toronto

Approximate location, placed by postal code. Map data © OpenStreetMap contributors, tiles by OpenFreeMap.

Mortgage estimate

$5,752per month

$259,800 down · 4.5% · 25 years

Down payment

%
Open the full calculator

An estimate, not a quote. Less than 20% down adds mortgage default insurance to the loan.

Toronto

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