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$1,299,000

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740 Lansdowne Avenue

Dovercourt-Wallace Emerson-Junction, Toronto, Ontario M6H3Y8

For sale· Added

4+2 bed3 bath1,100–1,500 sqft

About this home

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).

Location

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Property details

Listing

MLS® number
W13755698
Added
Sep 8, 2026 ()
Updated
Oct 2, 2026 ()
Info refreshed

Overview

Property type
Multi-family
Building type
Triplex
Storeys
2

Inside

Bedrooms
4+2
Bathrooms
3
Heating
Forced air, Natural gas
Cooling
None
Fireplace
No
Appliances
Water meter
Features
Carpet Free, Sump Pump

Building

Basement
Apartment in basement
Exterior
Brick
Foundation
Concrete
Parking
No Garage · 1 space

Land

Lot size
25 x 45 ft

Services

Water
Municipal water
Sewer
Sanitary sewer

Location

Cross streets
Lansdowne Avenue and Lappin Avenue
Nearby
Community Centre

Running costs

Annual property tax
$5,022

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$1,299,000
740 Lansdowne Avenue
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