$1,299,000
740 Lansdowne Ave
Toronto W02, ON M6H 3Y8
740 Lansdowne Ave, Toronto W02 — Listed at $1,299,000, 3 bathroom Investment. MLS® W13767790.
Description
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).
Property Details
Business Details
Property Insights
Listing Courtesy of: ROYAL LEPAGE REAL ESTATE SERVICES LTD.
MLS® #W13767790
The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
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HouseIndex Take: 740 Lansdowne Avenue
This investment is located in the Dovercourt-Wallace Emerson-Junction neighbourhood of Toronto.
The home offers 3 bathrooms.
Additional details: lot dimensions of 25 × 45 feet.
Listed at $1,299,000 CAD with annual property taxes of $5,022.22 (2025).
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About Toronto Real Estate
This Investment is located in the Dovercourt-Wallace Emerson-Junction community in Toronto. Toronto is Canada's largest city and the economic hub of the Greater Toronto Area. With world-class transit, diverse neighbourhoods from the Annex to Scarborough, and proximity to major employers in the Financial District, it remains the most sought-after real estate market in Ontario. Buyers benefit from extensive GO Transit and TTC subway connectivity.