740 Lansdowne Av - Multi-Family FOR SALE


Toronto, ON M6H 3Y8- Dovercourt/Davenport/Junction
$1,399,000 CAD
416-236-1871
740 Lansdowne Av, Toronto, ON for Sale
$1,399,000 CAD
Multi-Family - FOR SALE
1/25
null | Request Cap Rate

740 Lansdowne Av
Toronto, ON M6H 3Y8
Dovercourt/Davenport/Junction


HIGHLIGHTS

  • Fully Vacant, Legal Triplex
  • Potential to earn over 7% on invested capital
  • Walking distance to Lansdowne Station and Bloordale Village

OVERVIEW

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).

FOR SALE DETAILS

PRICE

$1,399,000 CAD

PRICE/SF

$972 CAD /SF

# OF UNITS

3

PRICE/UNIT

$466,333

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1913

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.03 AC

LAND SF

1,206 SF

ZONING

R(d0.6*740)

APN/PARCEL ID

190403124005900

ASK ABOUT THIS PROPERTY

Ian WilsonRoyal LePage Real Estate Services LtdMore Info
416-236-1871

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Ian WilsonRoyal LePage Real Estate Services LtdMore Info
416-236-1871

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.