740 Lansdowne AVE new Save Request In-Person Tour Request Virtual Tour
Toronto W02,ON M6H 3Y8
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision Dovercourt-Wallace Emerson-Junction
MLS Listing ID W12377335
Style 2-Storey
Bedrooms 6
Annual Tax Amount $4,764
Tax Year 2024
Property Sub-Type Triplex
Property Description
Welcome to this fully vacant legal triplex located in the one of Toronto's most sought after neighborhood, steps to Wallace Emerson Park and Community Center. Just minutes from downtown Toronto and High Park this property presents a rare chance for investors to set their own rents at market value and immediately maximize ROI. The building features three self contained units each full of potential to attract quality tenants in one of Toronto most vibrant and thriving rental markets. With no existing leases in place new owners benefit from the unique flexibility to renovate, redesign, or lease as is at today's market rents. Perfectly situated this triplexes mere steps from public transit making commuting and connectivity seamless. This neighborhood is known for its lively mix of shopping, dining and entertainment as well as its close proximity to Wallace Emerson Park and Community Center and top rated schools all within walking distance ensuring strong long term tenant demand. Whether you're looking to diversify your portfolio, generate stable rental income, or take advantage of Toronto's steady appreciation, this property checks all the boxes. Each suite has private access, two bedrooms and one bathroom. One parking spot in rear. Hot water tank is owned. Seller is an RREA.
Location
Province ON
County Toronto
Community Dovercourt-Wallace Emerson-Junction
Area Toronto
Rooms
Family Room No
Basement Separate Entrance,Finished
Kitchen 3
Separate Den/Office 2
Interior
Interior Features Carpet Free,Sump Pump
Cooling None
Fireplace No
Heat Source Gas
Exterior
Parking Features Available
Pool None
Roof Type Flat
Lot Frontage 25.0
Lot Depth 45.0
Total Parking Spaces 1
Building
Unit Features Hospital,Park,Public Transit,Rec./Commun.Centre,School
Foundation Concrete
Others
Virtual Tour https://tour.homeontour.com/ncQ0-02RJo?branded=0