740 LANSDOWNE AVENUE, Toronto, Ontario

$1,450,000

6 Beds
3 Baths

Welcome to this fully vacant legal triplex located in the one of Toronto's most sought after neighborhood, steps to Wallace Emerson Park and Community Center. Just minutes from downtown Toronto and High Park this property presents a rare chance for investors to set their own rents at market value and immediately maximize ROI. The building features three self contained units each full of potential to attract quality tenants in one of Toronto most vibrant and thriving rental markets. With no existing leases in place new owners benefit from the unique flexibility to renovate, redesign, or lease as is at today's market rents. Perfectly situated this triplexes mere steps from public transit making commuting and connectivity seamless. This neighborhood is known for its lively mix of shopping, dining and entertainment as well as its close proximity to Wallace Emerson Park and Community Center and top rated schools all within walking distance ensuring strong long term tenant demand. Whether you're looking to diversify your portfolio, generate stable rental income, or take advantage of Toronto's steady appreciation, this property checks all the boxes. Each suite has private access, two bedrooms and one bathroom. One parking spot in rear. Hot water tank is owned. Seller is an RREA. (id:56241)

Listing ID: W12377335
Property Type: Multi-family

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Rooms

Level	Type	Dimensions
Primary Bedroom	Second level	3.96 m x 3.45 m
Bedroom 2	Second level	2.92 m x 2.77 m
Kitchen	Second level	3.92 m x 1.6 m
Living room	Second level	2.77 m x 3.04 m
Dining room	Second level	2.77 m x 3.04 m
Kitchen	Basement	3.9 m x 1.5 m
Primary Bedroom	Basement	3.08 m x 3.17 m
Bedroom 2	Basement	2.71 m x 3.14 m
Living room	Basement	6.7 m x 3.57 m
Primary Bedroom	Main level	2.92 m x 2.95 m
Bedroom 2	Main level	2.92 m x 3.23 m
Kitchen	Main level	3.02 m x 1.57 m
Living room	Main level	3.69 m x 3.04 m
Dining room	Main level	2.98 m x 3.04 m

Details

Amenities Nearby: Hospital, Park, Public Transit, Schools
Community Features: Community Centre
Features: Carpet Free, Sump Pump
Parking Spaces: 1
Transaction: For sale

Building

Appliances: Water Heater, Stove, Window Coverings, Refrigerator
BasementType: N/A (Finished)
Basement Development: Finished
Basement Features: Separate entrance
Bedrooms Main Level: 4
Bedrooms Lower Level: 2
Exterior Finish: Brick
Fireplace Present: False
Flooring: Hardwood, Tile
Foundation: Concrete
Bathrooms (Total): 3
Heating: Forced air
Heating Fuel: Natural gas
Size Interior: 1500 - 2000 sqft
Stories Total: 2
Type: Triplex
Utility Water: Municipal water

Land

Amenities: Hospital, Park, Public Transit, Schools
Sewer: Sanitary sewer
Size Frontage: 25 ft
Size Irregular: 25 x 45 FT

Listing provided by JDF REALTY LTD.
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 740 LANSDOWNE AVENUE in Toronto Ontario. It was last modified on September 3rd, 2025. Contact us to schedule a viewing or to discover other Toronto real estate for sale.

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