Gurvinder Nokwal REALTOR®
For Sale Triplex 40 days on market

$1,299,000

Est. payment $5,752/moCalculate yours

740 Lansdowne Avenue, Toronto, ON M6H 3Y8

Dovercourt-Wallace Emerson-Junction, Toronto, ON M6H 3Y8

  • 4 + 2 Beds
  • 3 Baths
  • 1,100 Sq Ft
Map

Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES LTD. MLS® W13755698

About this home

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).

Property details

Overview

Property Type
Triplex
Style
2-Storey
For
For Sale
Status
New
Size
1,100 sqft

Interior

Bedrooms
4 + 2
Bathrooms
3
Kitchens
3
Basement
Apartment

Building & Systems

Heating
Forced Air (Gas)
Cooling
None
Exterior
Brick
Foundation
Concrete
Roof
Flat
Water
Municipal
Sewer
Sewer

Lot & Parking

Lot Size
25 x 45 Feet
Parking
None garage · 1 total

Financial

Property Taxes
$5,022 (2025)

Location

Neighbourhood
Dovercourt-Wallace Emerson-Junction
Cross Street
Lansdowne Avenue and Lappin Avenue
Direction Faces
West

Listing

MLS® Number
W13755698
Days on Market
40
Listed On
2026-09-08
Possession
TBA
Listed By
ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Features

Interior

  • Carpet Free
  • Sump Pump
  • Water Meter

Property

  • Hospital
  • Park
  • Public Transit
  • Rec./Commun.Centre
  • School

Pool

  • None

Mortgage calculator

Minimum for this price: $104,900 (8.08%)

Amortization, years

Estimated mortgage payment

$5,752 per month

Principal and interest
$5,752
Property tax
$419
Estimated monthly cost
$6,170

Your mortgage

Mortgage amount
$1,039,200
Mortgage insurance
Not needed
Interest over 25 years
$686,307

Cash to close

Down payment
$259,800
Land transfer tax (Ontario + Toronto)
$44,910
Total, before legal fees
$304,710
Talk to me about financing

Estimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.

Location

740 Lansdowne Avenue, Toronto, ON M6H 3Y8 Dovercourt-Wallace Emerson-Junction, Toronto, ON M6H 3Y8
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$1,299,000 740 Lansdowne Avenue, Toronto, ON M6H 3Y8
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