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$1,299,000

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740 Lansdowne Avenue

Dovercourt-Wallace Emerson-Junction, Toronto, Ontario M6H3Y8

For sale· Added

3 bath1,357 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-term stability, and portfolio diversification. The seller is a Registered Real Estate Agent (RREA).

Location

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Property details

Listing

MLS® number
W13767790
Added
Sep 10, 2026 ()
Updated
Oct 2, 2026 ()
Info refreshed

Overview

Property type
Multi-family
Building type
Multi-Family

Inside

Bathrooms
3
Heating
Forced air, Natural gas
Cooling
None
Fireplace
No

Building

Parking
1 space

Land

Lot size
25 x 45 ft
Waterfront
Waterfront
Zoning
R(d0.6*740)

Services

Water
Municipal water

Location

Cross streets
Lansdowne Avenue and Lappin Avenue

Running costs

Annual property tax
$5,022

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$1,299,000
740 Lansdowne Avenue
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