740 Lansdowne Avenue
Toronto W02, ON
- 3 bath
- 1,357 sqft
- Investment
- 7 days on market
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-term stability, and portfolio diversification. The seller is a Registered Real Estate Agent (RREA).
Listing Details
- Taxes (2025)
- $5,022
- Listed
- September 10, 2026
Price History
Listing history
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Property
- Lot Size
- 25 x 45 Feet
Parking
- Garage
- None
Location & Legal
- Cross Street
- Lansdowne Avenue and Lappin Avenue
- Zoning
- R(d0.6*740)
- Parcel Number
- 213120063
- Possession
- Other
- Occupancy
- Vacant
Commercial
- Business Type
- Apts - 2 To 5 Units
- Office / Apartment Area
- 1357 Sq Ft
Community
Postal area M6H
- Population
- 43,730
- Private dwellings
- 21,284
- Median age
- 38.4
- Average household size
- 2.3
- Median household income
- $83,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Toronto W02 · last 12 months
- Median sold price
- $1,168,000
- Homes sold
- 773
- Median days on market
- 11
- Sale-to-list price
- 102.9%
Based on 773 recorded sales of commercial properties in Toronto W02 over the last 12 months.
Listed by
ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 1,357 sq ft
- Price per sq ft
- $957.26
- Annual property tax
- $5,022
- Tax per sq ft
- $3.70
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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