New 740 Lansdowne Avenue, Toronto, ON M6H 3Y8
Dovercourt-Wallace Emerson-Junction · Toronto W02 · ON
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-term stability, and portfolio diversification. The seller is a Registered Real Estate Agent (RREA).
Property details
- MLS® Number
- W13767790
- Status
- Active / New
- Transaction
- For Sale
- Property Type
- Commercial
- Property Subtype
- Investment
- Lot Size
- Feet
- Lot Width
- 25.00
- Lot Depth
- 45.00
- Taxes
- $5,022
- Tax Year
- 2025
- Garage
- None
- Parking Spaces
- 1
- Heating
- Gas Forced Air Closed
- Cooling
- No
- Cross Street
- Lansdowne Avenue and Lappin Avenue
- Directions
- Lansdowne Avenue and Lappin Avenue
- Occupancy
- Vacant
Building & Construction
- Building area
- 1357
Parking & Garage
- Garage
- None
- Parking spaces
- 1
Community & Neighbourhood
- Community
- Public Transit, Subways
- Cross street
- Lansdowne Avenue and Lappin Avenue
Utilities & Services
- Utilities
- Yes
Location
Property History
- Listed
- September 10, 2026 1:56 PM
- Listing updated
- September 10, 2026 1:56 PM
- System updated
- September 10, 2026 1:56 PM
- Photos changed
- September 10, 2026 1:56 PM
- Media changed
- September 10, 2026 1:56 PM
- Imported locally
- September 10, 2026 6:00 PM