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.
35 Fifteenth Street, Toronto
5
BEDS
3
BATHS
$1,299,000
FOR SALE
Renovated 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
44 Leduc Drive, Toronto
4+2
BEDS
3
BATHS
$1,149,000
FOR SALE
RARE INVESTMENT OPPORTUNITY! Welcome to this well-maintained LEGAL TRIPLEX nestled on a quiet street in a desirable Etobicoke neighbourhood! Featuring THREE spacious, self-contained 2-bedroom apartments, one on each level, offering functional layouts, generous living space and excellent income potential. Perfect for savvy investors, multi-generational families or buyers looking to live in one unit while generating rental income from the others. Major recent upgrades include a BRAND NEW ROOF (2026) and NEW ASPHALT DRIVEWAY (2024)! VACANT POSSESSION AVAILABLE, offering exceptional flexibility for the new owner to maximize rental potential or accommodate extended family. Conveniently located just minutes from Highways 401 and 409, Walmart, Costco, SmartCentres, schools, parks and everyday amenities. A fantastic opportunity to own a versatile, income-generating property in a convenient and sought-after location! EXTRAS: 3 Fridges, 3 Stoves, 3 Separate Hydro Meters and Owned Hot Water Tank.
31 Long Branch Avenue, Toronto
5
BEDS
3
BATHS
$1,248,000
FOR SALE
A rare, low-maintenance income property with strong cash flow in the heart of Long Branch, one of South Etobicoke's most desirable lakeside communities. This semi-detached Triplex sits on a premium 25 x 146.5 foot lot and generates $6,300/month in gross income with a solid $59,228 annual NOI. Monthly operating expenses average approximately $1,365, including property taxes, all utilities, insurance, and internet/cable. The property features three bright and spacious self-contained units: two 2-bedroom units and one 1-bedroom unit, with rear parking. The main-floor and basement units were completely renovated. Meticulously maintained, the property has benefited from over $156,000 in capital improvements over the past few years. Major recent upgrades include brand-new foundation waterproofing, weeping tiles, and sump pump system (2026), providing added peace of mind. Additional improvements include a tankless water heater (2024), high-efficiency boiler, newer windows, a newly asphalted rear parking area, and a large 8' x 10' storage shed. Ideally located just steps from the Lake, Lake Shore Boulevard's shops, cafés, restaurants, Marie Curtis Park, the sandy beach, picnic areas, and connections to the Waterfront and Etobicoke Creek Trails. Excellent transit access with Long Branch GO Station, the TTC streetcar loop, and bus routes all within easy reach, providing convenient commuting to downtown Toronto.
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.
29 Bernice Crescent, Toronto
5+2
BEDS
3
BATHS
$1,187,500
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.
361 Highfield Road, Toronto
4
BEDS
3
BATHS
$1,298,000
FOR SALE
Rare legal triplex offering the potential for three fully self-contained units - an exceptional investment or multi-generational living opportunity! This fully renovated semi-detached home features a spacious 4-bedrooms, 2-bath main and upper unit, plus a finished basement apartment with a separate entrance, kitchen, great room, and bathroom. Lots of windows, very bright and spacious. Nestled in one of Toronto's most sought-after family neighbourhoods, just steps to Monarch Park and Greenwood Park with a pool, farmers' market, sports facilities, and off-leash dog park. Direct bus to Greenwood Station or an easy 10-minute walk to the Danforth and subway. A fantastic opportunity for investors and end-users alike!
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