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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.
Existing appliances including three fridges, three gas stoves all window coverings, all electric light fixtures, hot water tank
City: Toronto
Neighborhood: Dovercourt-Wallace Emerson-Junction
Purchase Price | $1450000 |
Down Payment | $290000 |
Mortgage Insurance | $0 |
Total Mortgage | $1160000 |
Mortgage Payment | $7148 |
Property Taxes | $397 |
Maintenance Fees | $0 |
Monthly Payment | $7545 |
Located at 740 Lansdowne Ave , this Toronto house is available for sale. This property was listed for $1,450,000 on Wed Sep 03 2025. This house's size is 1500-2000 Sqft. It has 4 bedrooms and 3 bathrooms. The property includes the following rooms: Primary, 2nd Br, Kitchen, Living, Dining, Primary, 2nd Br, Kitchen, Living, Dining, Kitchen, Primary, 2nd Br, Living. This property comes with 1 parking spots. 740 Lansdowne Ave, Toronto is situated in the Dovercourt-Wallace Emerson-Junction neighbourhood.
MLS#: W12377335 · $1,450,000 · 4 bedroom house in Dovercourt-Wallace Emerson-Junction, Toronto