740 LANSDOWNE AVENUE, Toronto (Dovercourt-Wallace Emerson-Junction), Ontario, M6H3Y8
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:2471)
McConkey Real Estate Corp. Brokerage
- 705-875-5957
- 705-745-4321
- 705-745-4324
- john@mcconkeyrealestate.com
- Property Address: 740 LANSDOWNE AVENUE, Toronto (Dovercourt-Wallace Emerson-Junction), Ontario, M6H3Y8
- Community Name: Dovercourt-Wallace Emerson-Junction
- Property Type: Multi-family
- Lot Size: 25 x 45 FT
- Acreage: 25 x 45 FT
- Sewage Type: Sanitary sewer
- Water Type: Municipal water
- Driveway: No Garage
- Total Parking Spaces: 1
- Amenities Nearby: Hospital, Park, Public Transit, Schools
- Structure Style: Triplex
- Storeys: 2
- Floor Space: 1100 - 1500 sqft
- Bedrooms: 4 + 2
- Bathrooms: 3-Total
- Basement Type: N/A
- Heating Type: Natural gas, Forced air
- Cooling: None
- Exterior Type: Brick
- Foundation Type: Concrete
- Appliances Included: Water meter
- Carpet Free
- Sump Pump
- Community Centre
Listing Office: ROYAL LEPAGE REAL ESTATE SERVICES LTD.
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