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$ 1,999,000
Est. payment /mo
New
33 Landour AVE Toronto W03, ON M6M 4J3
4 Beds
4 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3000-3500
Municipality Toronto W03
Subdivision Keelesdale-Eglinton West
MLS Listing ID W13797364
Style 2-Storey
Bedrooms 4
Annual Tax Amount $8,732
Tax Year 2026
Property Sub-Type Fourplex
Property Description
Attention savvy investors and portfolio builders! Welcome to 33 Landour Ave, an exceptional, turn-key legal 4-plex meticulously engineered for zero operational maintenance, maximum tenant retention, and effortless hands-off management. Nestled in Toronto's high-demand Keelesdale community, this fully detached multiplex has been completely overhauled with pristine modern finishes and stands fully stabilized with high-quality tenants. Shifting from its previous misclassification as a standard residential home, this asset represents a pure commercial-grade investment pool opportunity. This property runs like an institutional net-lease asset; all signed lease agreements are legally structured so that the tenants pay 100% of the property utilities and handle all day-to-day property maintenance, including snow and grass removal. Delivering a robust gross monthly collection of $9,600 ($115,200/year), this asset provides an incredibly stable, risk-insulated cash flow. Factoring in property taxes, equipment rentals, and other expenses, the property boasts a stabilized, approximate Net Operating Income (NOI) of $98,343 per year. The building features four completely self-contained, light-filled units, each offering independent private entrances, separate in-suite laundry, open-concept layouts, and stainless-steel appliances. Stop chasing older multi-family properties burdened with hidden renovation debt, major capital expenditure projects, and utility expense leakage. Acquire a pristine asset backed by active warranties where the leases are signed and the yield is fully secured. Complete financial packages, verified leases, and expense pro-formas are available upon request.
Location
Province ON
County Toronto
Community Toronto W03
Area Toronto
Rooms
Family Room Yes
Basement Apartment, Separate Entrance, Finished
Kitchen 4
Separate Den/Office 2
Interior
Interior Features Carpet Free, Water Heater
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Parking Features Private
Pool None
Roof Type Flat
Lot Frontage 30.0
Lot Depth 120.0
Total Parking Spaces 4
Building
Unit Features Public Transit
Foundation Poured Concrete
Others
ParcelsYN No
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