740, Lansdowne, Dovercourt-Wallace Emerson-Junction, Toronto, Residential Freehold
Description
Residential Freehold Triplex For Sale.
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 Features: Hospital, Park, Public Transit, Rec./Commun.Centre, School
Interior Features: Carpet Free, Sump Pump, Water Meter
Cross Street: Lansdowne Avenue and Lappin Avenue
Direction Faces: West
Key Facts
- Days on: 0 days
- Mls Status: New
- Bedrooms Total: 6
- Bedrooms Below Grade: 2
- Bedrooms Above Grade: 4
- Bathrooms Total Integer: 3
- Lot Width: 25.00
- Kitchens Total: 3
- Parking Total: 1
- Parking Spaces: 1
- Parking Features: Available
- Garage Type: None
- Heat Source: Gas
- Heat Type: Forced Air
- Cooling: None
- Lot Size Area: 1206 SquareFeet
- Living Area Range: 1100-1500 Square Feet
Location 740, Lansdowne, Dovercourt-Wallace Emerson-Junction, Toronto
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