1 / 23740 LANSDOWNE AVENUE
Toronto (Dovercourt-Wallace Emerson-Junction), Ontario, M6H3Y8
$1,299,000
Bathrooms
3
Living area
1,357 square feet
Parking
1
About this property
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). (id:66779)
Details
- Cooling
- None
- Heating
- Forced air, Natural gas
- List aor
- Toronto
- Directions
- Lansdowne Avenue and Lappin Avenue
- Fireplace
- No
- Water source
- Municipal water
- Structure type
- Multi-Family
- Tax annual amount
- 5,022.22
- Lot size dimensions
- 25 x 45 FT
- Zoning description
- R(d0.6*740)
- Property attached
- Yes
- Waterfront features
- Waterfront
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