ON > Toronto W02 > Dovercourt-Wallace Emerson-Junction
Toronto W02, ON M6H 3Y8,740 Lansdowne AVE
Toronto W02, ON M6H 3Y8,740 Lansdowne AVE
Toronto W02, ON M6H 3Y8,740 Lansdowne AVE
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Gail Reeves Reid

Gail Reeves Reid

+1(416) 540-8681
$1,450,000
Est. payment /mo
6 Beds
3 Baths
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

Subdivision Dovercourt-Wallace Emerson-Junction

MLS Listing ID W12377335

Style 2-Storey

Bedrooms 6

Annual Tax Amount $4,764

Tax Year 2024

Property Sub-Type Triplex

Lot Depth 45.0

Lot Front 25.0

Appx SqFt 1500-2000

Property Description

Welcome to this fully vacant legal triplex located in the one of Toronto's most sought after neighborhood, steps to Wallace Emerson Park and Community Center. Just minutes from downtown Toronto and High Park this property presents a rare chance for investors to set their own rents at market value and immediately maximize ROI. The building features three self contained units each full of potential to attract quality tenants in one of Toronto most vibrant and thriving rental markets. With no existing leases in place new owners benefit from the unique flexibility to renovate, redesign, or lease as is at today's market rents. Perfectly situated this triplexes mere steps from public transit making commuting and connectivity seamless. This neighborhood is known for its lively mix of shopping, dining and entertainment as well as its close proximity to Wallace Emerson Park and Community Center and top rated schools all within walking distance ensuring strong long term tenant demand. Whether you're looking to diversify your portfolio, generate stable rental income, or take advantage of Toronto's steady appreciation, this property checks all the boxes. Each suite has private access, two bedrooms and one bathroom. One parking spot in rear. Hot water tank is owned. Seller is an RREA.

Location

Province ON

County Toronto

Community Dovercourt-Wallace Emerson-Junction

Area Toronto

Rooms

Family Room No

Basement Separate Entrance, Finished

Kitchen 3

Separate Den/Office 2

Interior

Interior Features Carpet Free, Sump Pump

Cooling None

Inclusions Existing appliances including three fridges, three gas stoves all window coverings, all electric light fixtures, hot water tank

Exterior

Parking Features Available

Pool None

Roof Type Flat

Lot Frontage 25.0

Lot Depth 45.0

Total Parking Spaces 1

Building

Foundation Concrete

Others

Senior Community No

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Listed by JDF REALTY LTD.

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Gail Reeves Reid

Gail Reeves Reid

+1(416) 540-8681

Broker | License ID: 9520476

Broker License ID: 9520476

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