NickLists
Main Property Image
New
Property Image 1
Property Image 2
Property Image 3
Property Image 4
🛏️
4+2 Beds
🚿
3 Baths
🚗
1 Parking
📐
1100-1500

$1,399,000

Triplex

740 Lansdowne Avenue, Toronto, ON M6H 3Y8Dovercourt-Wallace Emerson-Junction

Listing Overview

MLS ID:W12773252
Status:New
Type:Residential Freehold / Triplex
Style:2-Storey
Living Area:1100-1500
Taxes:$5,022.22 / yr (2025)
Days on Market:58
Listed:2026-02-09
Last Updated:Feb 10, 2026
Cross Street:Lansdowne Avenue and Lappin Avenue
Data Source:PROPTX

Interior

Beds (above):4
Beds (below):2
Bathrooms:3
Kitchens (above):2
Kitchens (below):1
Basement:Apartment

Utilities

Heat Type:Forced Air
Heat Source:Gas

Outdoor / Lot

Lot Size:× 45ft
Direction Faces:West

Parking

Garage Type:None
Covered Spaces:0
Parking Spaces:1
Total Parking:1

Description

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 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, and access to a rear yard. 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. Seller is a Registered Real Estate Agent (RREA).

Mortgage Calculator