$1,299,000.00

740 LANSDOWNE AVENUE, Toronto (Dovercourt-Wallace Emerson-Junction), Ontario, M6H3Y8, Canada Listing ID: W13755698
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Bathrooms Bedrooms Property Type
3 6 Multi-family

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). (id:31565)

Paul McDonald, Sales Representative
Paul McDonald is no stranger to the Toronto real estate market. With over 23 years experience and having dealt with every aspect of the business from simple house purchases to condo developments, you can feel confident in his ability to get the job done.
Book appointment/showing: 740 LANSDOWNE AVENUE (W13755698)
Additional Information
Amenity Near By Hospital, Park, Public Transit, Schools
Features Carpet Free, Sump Pump
Maintenance Fee
Maintenance Fee Payment Unit
Management Company
Ownership
Parking
  • Name - No Garage
Transaction For sale
Building
Bathroom Total 3
Bedrooms Total 6
Bedrooms Above Ground 4
Bedrooms Below Ground 2
Appliances Water meter
Basement Features Apartment in basement
Basement Type N/A
Cooling Type None
Exterior Finish Brick
Fireplace Present
Foundation Type Concrete
Heating Fuel Natural gas
Heating Type Forced air
Size Interior 1100 - 1500 sqft
Stories Total 2
Type Triplex
Utility Water Municipal water
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