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740 Lansdowne Avenue
homes for sale · Toronto · Dovercourt-Wallace Emerson-Junction
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$1,299,000

740 Lansdowne Avenue

Dovercourt-Wallace Emerson-Junction, Toronto · MLS® W13755698

631

House · Multi-family · 46 days on market

listed by IAN WILSON, ROYAL LEPAGE REAL ESTATE SERVICES LTD.

realtor's 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).

property details

type
House, Multi-family
bedrooms
6
bathrooms
3
parking
1
property tax
$5,022 / yr
days on market
46
MLS®
W13755698

features

  • Carpet Free
  • Sump Pump
  • Community Centre
  • Water meter

monthly cost

$6,078/mo
Mortgage $5,660 · Tax $419

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$5,660/ monthly
loan $1,039,200
25-year amortization
total interest
$658,686
cash to close
$259,800
down payment; transfer tax and fees not included
total paid
$1,697,886

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

location

Dovercourt-Wallace Emerson-Junction, TorontoGoogle Maps ↗

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listed by
IAN WILSON
ROYAL LEPAGE REAL ESTATE SERVICES LTD.
call IAN · 416-458-8498
Powered by: REALTOR.ca

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location

Dovercourt-Wallace Emerson-Junction, TorontoGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

mihom score from OpenStreetMap places, by straight line distance.

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