740 Lansdowne Avenue

Toronto (Dovercourt-Wallace Emer, ON M6H3Y8

About this property

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). (id:13843)

About this property

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). (id:13843)

Features and Additional Information

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$1,299,000 Active
1,100 sqft

Presented By Trevor Docherty, Broker/Owner

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Get in touch today! Phone: 1-705-787-5060
Brokerage
ROYAL LEPAGE REAL ESTATE SERVICES LTD.
1-416-236-1871
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Area Information

| County |

$ 1,299,000
This listing is play_arrow 0.0% lower than the average in the area
$ 1,299,000 in the area
1,100 SqFt
This listing is play_arrow 10.5% smaller than the average in the area
1,229 SqFt in the area
$ 1,181 $/SqFt
This listing is play_arrow 10.5% more than the average in the area
$ 1,069 $/SqFt in the area
65 days on site
This listing is play_arrow 1.6% above the average in the area
64 days on site in the area

Schools in the Area

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    Elementary School
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    Middle School
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Listed By IAN WILSON
Brokerage: ROYAL LEPAGE REAL ESTATE SERVICES LTD.

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