740 Lansdowne Avenue

FOR SALE
$1,299,000
740 Lansdowne Avenue, Toronto
740 Lansdowne Avenue
740 Lansdowne Avenue
740 Lansdowne Avenue
740 Lansdowne Avenue
740 Lansdowne Avenue
740 Lansdowne Avenue
740 Lansdowne Avenue
740 Lansdowne Avenue
740 Lansdowne Avenue
740 Lansdowne Avenue
740 Lansdowne Avenue
740 Lansdowne Avenue
740 Lansdowne Avenue
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4 + 2
BEDROOMS
3
BATHROOMS
2 + 1
KITCHENS
10 + 5
ROOMS
W13755698
MLSID
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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-termstability, and portfolio diversification. The seller is a Registered Real Estate Agent (RREA).
Nearby Intersections
Property Features
Hospital, Park, Public Transit, Rec./Commun.Centre, School, Carpet Free, Sump Pump, Water Meter, Available
Property Details
Address
740 Lansdowne Avenue
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
Listing contracted with Royal Lepage Real Estate Services Ltd.
497 Nairn Avenue, Toronto
4+2
BEDS
3
BATHS
$1,249,000
FOR SALE
Welcome Home To This Fabulous Triplex! Well Maintained W/ Many Upgrades. Three, 2 Bedroom Large Units W/ 2 Separate Entrances To Each Apartment. Fully Leased W/ Tenants On Month-Month, Separate Hydro Meters, Newer Stucco On Top Of The Existing Brick. Large Double Garage + 2 Parking Spaces Wide Mutual Driveway. Bsmt Water Proofed. Steps To The New Eglinton LRT Subway. Coin Laundry.
1554 Queen Street, Toronto
4+2
BEDS
3
BATHS
$1,099,000
FOR SALE
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.
31 Long Branch Avenue, Toronto
5
BEDS
3
BATHS
$1,298,000
FOR SALE
Turn-Key Multi-Family asset in the Heart of Long Branch, Toronto's highly coveted "Village by the Lake", South Etobicoke's fastest appreciating pockets! Semi-detached Triplex on a premium 25 x 146.5 ft deep lot generating $6,300/mo Gross Income with a solid $59,228 annual NOI. Expenses average $1,365/mo including property tax, all utilities, insurance, and internet/cable. This low-maintenance income property features three bright and spacious self-contained units, two 2-bedroom units and one 1-bedroom unit, with parking at rear. Meticulously maintained with over $156k in capital improvements over the past 8 years, makes this an incredibly rare, worry-free addition to any portfolio. Main Floor and Basement units were completely renovated (2021). Brand new foundation waterproofing, weeping tiles, and sump pump system installed with transferable peace-of-mind ($20k, 2026). Upgraded mechanics include a tankless water heater (2024), high-efficiency boiler (2019), newer windows. Rear yard new asphalt parking area (2018) and a large 8' x 10' storage shed (2022). Ideal lakeside location just steps to Lake Shore Boulevard shops, cafes, restaurants, Marie Curtis Park, sandy beach, picnic area, connections to the Waterfront Trail and Etobicoke Creek Trail. Unbeatable tenant transit access, walk to Long Branch GO Station and TTC Streetcar loop, bus routes, offering quick commute downtown. Stable cash flow, premium finishes, and major capital expenditures already paid for!
29 Bernice Crescent, Toronto
5+2
BEDS
3
BATHS
$1,250,000
FOR SALE
Large Triplex Located Minutes To St. Clair Ave. This AMAZING Property Offers 3 Apartments, ONE with 3 Large Bedrooms, ONE WITH TWO BEDROOMS AND A GREAT ROOM (CAN BE USED AS BEDROOM) AND 1 Beautiful Lower Level Suite With 2 Large Bedrooms, 3 Parking Spaces, 3 Gas & Hydro Separated Meters, Hvac, Electrical, 3 Acs.
1060 College Street, Toronto
4+1
BEDS
3
BATHS
$1,199,000
FOR SALE
An incredible opportunity to own a substantial 3-storey semi in one of Toronto's most vibrant west-end neighbourhoods! Currently configured as three self-contained living spaces, this versatile home offers endless possibilities for families, multi-generational living or buyers looking to offset their mortgage with rental income. The existing layout features a bright and airy lower-level suite, a main-floor suite, and a spacious residence spanning the second and third floors. Move in and make the property your own over time, accommodate extended family while maintaining privacy, or enjoy the flexibility of living in one unit while generating income from the others. Out back, an exceptionally large backyard provides a rare amount of outdoor space in the city-perfect for kids, entertaining, gardening or creating your own urban retreat. And then there's the location! Step outside and enjoy the restaurants, cafés and shops of College Street, with Little Italy, Dundas West and Dufferin Grove all close by. Excellent TTC access, neighbourhood parks, schools, groceries and everyday conveniences put everything you need within easy reach. A unique opportunity to create a fantastic long-term family home while enjoying the flexibility and income potential of three existing living spaces.
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