740 Lansdowne Avenue
Dovercourt-Wallace Emerson-Junction, Toronto, M6H 3Y8
FOR SALE
$1,399,000

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4 + 2
BEDROOMS3
BATHROOMS2 + 1
KITCHENS10 + 5
ROOMSW13105572
MLSIDContact Us
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. Selleris a Registered Real Estate Agent (RREA).
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Nearby Intersections
Property Features
Hospital, Park, Public Transit, Rec./Commun.Centre, School, Carpet Free, Sump Pump, Water Meter, Available
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Property Details
Address
740 Lansdowne Avenue
Community
City
Postal Code
M6H 3Y8
Property Type
Triplex, Triplex
Lot Size
25' x 45'
Acreage
1,206.0 Feet
Taxes
$5,022 (2025
Basement
Apartment
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
1
Garage Type
None
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Listing contracted with Royal Lepage Real Estate Services Ltd.
Renovated Legal Triplex In Toronto! Great Investment Opportunity! Main and second floors Feature Large two Bedrooms Apts And the basement unit is a large one Bedroom Apt. Three Parking Spots.. Both Two Bedrooms Units Have Same Layout 850 Sqft Each. One Bedroom Is 800 Sqft, All units have air conditioning, stainless steel appliances (stove, fridge, microwave and dishwasher)Great Location, Easy Access To Mimico Go Station, Qew, Kipling Subway. Walking Distance To Humber College, Lake Shore, Parks, Shops & Restaurants. Too many upgrades, please see attachments
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Solid Triplex in prime Leslieville location! 3 units are tenanted. All tenants are on month-to-month basis. Cooperative tenants would love to stay. Great property for for investors. Each unit has 2 bedrooms with fantastic floor plan. Ensuite laundry in 2 units. Upper units boasts a front balcony overlooking Queen St E. Terrific amenities nearby, walk to the Beach, Woodbine Park, Ashbridge's Bay. New condo development across from property is a bonus. This demand neighbourhood continues to grow and improve. 24-hr streetcar service at doorstep. One bus to subway. Minutes to downtown. Good location for tenants, a tremendous investment opportunity. Easy to manage. No photos as units are tenanted.
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Welcome to 51 Claxton Blvd, a recently renovated and mechanically updated semi-detached tri-plex on one of the most beautiful streets in the area. Featuring two 2-bedroom 1-bathroom units on the main and 2nd floor, plus one 1-bedroom 1-bathroom unit in the basement, and 2 car private garage off the laneway. This home underwent a substantial renovation in 2015 to transform it from duplex to legal tri-plex. The roof was replaced in 2023, foundation fully waterproofed and under-pinned in 2015 (giving 8ft ceilings in the basement), windows all replaced, high efficiency heating system, in-floor heating, and a/c done as well. With major updates and upgrades recently performed, and the required maintenance going forward should be at an absolute minimum. Great location - steps to transit, shopping, restaurants, schools, and much more. From top to bottom this property is turn-key ready either for an investor, or owner-occupied buyer.
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Welcome to 71 South Bonnington Ave in the sought-after Birch Cliff/Cliffside community, this beautifully renovated 2-storey home offers a rare opportunity w 3/self-contained living spaces, exceptional flexibility for extended families, investors, or live in one with additional living spaces offering excellent income potential to help offset mortgage costs.. Each unit features modern finishes, renovated kitchens & stylish bathrooms, all freshly painted & move-in ready. The 2-bed upper-level suite is a true showstopper, featuring high ceilings, spectacular chef-inspired kitchen w/oversized island, high-end finishes, and a seamless open-concept flow into a warm & welcoming living area. The main floor continues the impressive design with a spacious 2 bed layout, a family-sized kitchen, and walkout to a private backyard oasis w/in-ground pool. The fully renovated lower level offers a comfortable 1-bed + 1 den suite with multiple windows, including a large egress window, providing excellent natural light & added flexibility. Set on a beautifully landscaped corner lot, the home enjoys a peaceful setting, w/window views framed by mature trees & a calm streetscape, creating a sense of openness, quiet & privacy. It features a fully fenced backyard, inground pool & a private driveway w/parking for 4 cars. Upgrades include most windows, furnace, roof & more. Located just steps to schools, GO station, grocery stores, parks, a playground, baseball diamonds, & community centre w/pool & skating rink, this family-friendly location offers everything within easy reach, convenient access to transit, the Beaches, & downtown TO. Don't miss out on this rare turnkey opportunity offering space & flexibility. Live in one unit in this great family-friendly neighbourhood and supplement your mrtge costs with approx$45,000/ yr in income for the 2 units!
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This home has the potential to generate $100k + annually. Vacant, turn-key home with the option of including all contents. So many possibilities - can be used as an AirBnB, traditional rental, multi-generational home, live in one unit and rent out the others or can easily be converted to a single family home with basement apartment. Close to TTC, Go train stop is being built at the top of the street at Bloor, UP Express a short walk. Lots of street parking. Pad parking at rear of home currently has a shed built on but can easily be removed. Quiet One way residential street with park just south.
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