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Toronto W02, ON M6H 3Y8
Price
$1,299,000
Building Size
1,357 sq ft
Lot: 1,206 sq ft
MLS# W13767790 | Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Business Details
Business Type
Apts - 2 To 5 Units
Property Use
Apartment
Commercial Space & Financials
Office / Apt Area
1,357 sq ft
Taxes (Annual)
$5,022.22
Industrial Specifications
Parking
1 spaces (None)
Lot Size
25' × 45'
Structure
Freestanding
Property 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).
Price & Status History
Price history is locked
Location
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740 Lansdowne Avenue, Toronto W02 M6H 3Y8
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Listing Courtesy of: ROYAL LEPAGE REAL ESTATE SERVICES LTD.
This listing is provided through the TRREB MLS® System. Contact the listing brokerage for more information.
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