740 Lansdowne Avenue
Toronto (Dovercourt-Wallace Emerson-Junction), ON M6H 3Y8
- 4+2Bedrooms
- 3Bathrooms
- 1Parking
- 1100–1500Sq Ft
- $5,022Tax
- 25×45 ftLot Size
Free EstimateSee Free Estimate Report
Sale & Price History for 740 Lansdowne Avenue, Toronto, Dovercourt-Wallace Emerson-Junction
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| No listing history available | ||||
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About 740 Lansdowne Avenue, Toronto, Dovercourt-Wallace Emerson-Junction
Summarized Description
- Legal triplex with three separate two-bedroom units.
- Vacant property ready for new market tenants.
- High walk score of 91 for easy rentals.
- Well-maintained with new roof and furnace.
- Strong demand in a vibrant neighborhood.
- Ideal for investors seeking reliable cash flow.
- Potential for repositioning through upgrades.
- Private entrances and bright interiors enhance appeal.
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).
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $5,022
- Land Transfer Tax Fee
- $44,910
- Basement Type
- Apartment
Interior Features
- Interior Extras
- Carpet Free, Sump Pump, Water Meter
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Pool
- None
- Property Features
- Hospital, Park, Public Transit, Rec./Commun.Centre, School
Building
- Building Type
- Multiplex
- Building Style
- 2-Storey
Construction
- Exterior Finish
- Brick
- Roof
- Flat
- Foundation Details
- Concrete
- Special Designation
- Unknown
Lot
- Lot Front
- 25.00 ft
- Lot Depth
- 45.00 ft
- Lot Size
- 1206
- Lot Shape
- Rectangular
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 0
- Parking Spaces
- 1
- Total Garage And Parking Spaces
- 1
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- None
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 4 + 2
- Washrooms
- 3
- Kitchens
- 3
Washrooms
- 3-piece, Main
- 3-piece, Second
- 4-piece, Lower
- Municipality
- Toronto
- Neighbourhood
- Dovercourt-Wallace Emerson-Junction
- Main cross streets
- Lansdowne Avenue and Lappin Avenue
- Directions
- Lansdowne Avenue and Lappin Avenue
- MLS® number
- W13755698
- Data source
- Toronto Regional Real Estate Board
- Listed on
- 2026-09-08
- Updated on
- 2026-10-02
- Days on market
- 45 days
- Possession type
- Other
- Co-op commission
- 2.25%
- Seller
- Listed by
- ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Home Market Value
Current home valuation for 740 Lansdowne Avenue, Toronto, Dovercourt-Wallace Emerson-Junction, Toronto, ON. Listed for $1,299,000
HOMEH Estimate
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Estimated Sales Range
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HOMEH Estimate for 740 Lansdowne Avenue, Toronto, Dovercourt-Wallace Emerson-Junction
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $799,000 over $500K
$104,900
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $47,751 | $36,242 | $30,916 | $0 |
=Total mortgage | $1,241,532 | $1,205,342 | $1,135,066 | $1,039,200 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $6,062monthly | $5,885monthly | $5,542monthly | $5,074monthly |
Land Transfer Tax
$22,455
$22,455
$44,910
Around this home
Data provided by OpenStreetMap & Fraser Institute School Rankings
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