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740 Lansdowne Avenue, Toronto, ON M6H 3Y8

Toronto W02, ON, M6H 3Y8 · Dovercourt-Wallace Emerson-Junction

3 Baths
— Sq Ft
1 Parking
Investment Type
W13767790 MLS#

About this property

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).

Features & Amenities

  • Garage: None
  • Cooling: No
  • Heat Type: Gas Forced Air Closed

Property Details

Property Type Commercial
Property Sub-Type Investment
Bathrooms 3
Lot Size 1,206 Feet
Garage None
Parking Spaces 1
Heat Type Gas Forced Air Closed
Cooling No
Annual Tax $5,022
Tax Year 2025

Exterior Features

Waterfront
Yes

Building & Construction

Building Area Total
1357

Heating & Cooling

Heat Type
Gas Forced Air Closed
Cooling
No

Parking & Garage

Garage Type
None
Parking Spaces
1

Lot & Land

Lot Size Area
1206.00
Lot Size Units
Feet
Lot Depth
45.00
Lot Width
25.00

Community & Neighborhood

Community Features
Public Transit, Subways

Financial & Tax

Tax Annual Amount
$5,022
Tax Year
2025
Possession Type
Other
Possession Details
TBD

Utilities & Services

Utilities
Yes

Additional Details

Occupant Type
Vacant
County Or Parish
Toronto
Cross Street
Lansdowne Avenue and Lappin Avenue
Directions
Lansdowne Avenue and Lappin Avenue
Showing Requirements
Lockbox

Location

740 Lansdowne Avenue, Toronto, ON M6H 3Y8, Toronto W02, ON, M6H 3Y8

Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES LTD.
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