740 LANSDOWNE AVENUE

Toronto (Dovercourt-Wallace Emerson-Junction), , M6H3Y8, Canada

$1,299,000

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).

Last updated on : Friday 2nd of October 2026 01:40:05 PM

ADDRESS

Street : 740 LANSDOWNE AVENUE

City : Toronto (Dovercourt-Wallace Emerson-Junction)

Country : Canada

Postal Code : M6H3Y8

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PROPERTY SUMMARY

Property ID : W13767790

Building Type : Multi-Family

Property Type : Multi-family

Bathrooms : 3

Parking : 1

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