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For saleMLS® W13767790

740 Lansdowne Avenue, Toronto, ON M6H 3Y8

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

$1,299,000

$957 / sq ft

1 months on market

Bathrooms
3
Total area
1,357 sf
Lot
25 × 45 ft

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

Property details

Property

Property type
investment
Bathrooms
3
Interior size
1,357 sq ft
Lot size
25 × 45 ft
Zoning
R(d0.6*740)
Possession
TBD

Interior

Heating
Gas Forced Air Closed
Cooling
No

Costs

List price
$1,299,000
Property taxes
$5,022 / year (2025)
Price per sq ft
$957

Listing

MLS® number
W13767790
Status
For sale
Listed
September 10, 2026
Days on market
55
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 below most comparable listings — about 17% of comparable multi-unit / investment listings in Toronto are asking less.

$882KMedian $2.70M$8.27M
This home
$957 / sq ft
Comparable median
$697 / sq ft

Based on 95 comparable active multi-unit / investment listings in Toronto. 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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