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For saleMLS® W13755698

740 Lansdowne Avenue, Toronto, ON M6H 3Y8

Dovercourt-Wallace Emerson-Junction · W02 · M6H 3Y8

$1,299,000

$1,181 / sq ft

1 months on market

Bedrooms
4+2
Bathrooms
3
Interior
1,100 sf
Parking
1
Lot
25 × 45 ft

What's special

  • 1 parking space
  • Basement apartment
  • Carpet free
  • Sump pump
  • Water meter

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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-termstability, and portfolio diversification. The seller is a Registered Real Estate Agent (RREA).

Features

  • Carpet Free
  • Sump Pump
  • Water Meter

Property details

Property

Property type
multiplex
Bedrooms
4 + 2
Bathrooms
3
Interior size
1,100 sq ft
Lot size
25 × 45 ft
Possession
TBA

Interior

Basement
Apartment
Heating
Forced Air · Gas
Exposure
West

Exterior & services

Construction
Brick
Parking spaces
1
Sewer
Sewer

Costs

List price
$1,299,000
Property taxes
$5,022 / year (2025)
Price per sq ft
$1,181

Listing

MLS® number
W13755698
Status
For sale
Listed
September 8, 2026
Days on market
57
Last updated
October 2, 2026
Listing brokerage
ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Price & sale history

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced in line with comparable listings — about 42% of comparable multiplex listings in Dovercourt-Wallace Emerson-Junction are asking less.

$1.10MMedian $1.43M$2.38M
This home
$1,181 / sq ft
Comparable median
$1,000 / sq ft

Based on 12 comparable active multiplex listings in Dovercourt-Wallace Emerson-Junction. These are asking prices, not sale prices.

Mortgage estimate

Down payment8.1% · minimum $104,900
$104,900
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$6,602.38
Property tax (est.)
$418.52
Estimated monthly
$7,021

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$22,455
Toronto municipal
$22,455
Total due on closing
$44,910

An estimate on the asking price of $1,299,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES LTD.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$1,299,000

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