740 Lansdowne Avenue, Toronto, ON M6H 3Y8
Dovercourt-Wallace Emerson-Junction, Toronto · Near Lansdowne Avenue and Lappin Avenue · View map
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).
The home
- Type
- Triplex
- Style
- 2-Storey
- Square footage
- 1100-1500 sq ft
- Bedrooms
- 4
- Basement bedrooms
- 2
- Bathrooms
- 3
- Kitchens
- 3
- Rooms
- 10
- Basement
- Apartment
- Lot size
- 25 x 45 ft
- Faces
- West
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Brick
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Fireplace
- No
Garage & parking
- Driveway spaces
- 1
- Total parking
- 1
- Parking features
- Available
Taxes & other
- Property taxes
- $5,022/yr
- Tax year
- 2025
- Occupancy
- Vacant
- Possession
- TBA
- Cross street
- Lansdowne Avenue and Lappin Avenue
- Neighbourhood
- Dovercourt-Wallace Emerson-Junction
More
- Price per sq ft
- ~$999 (at 1,300 sq ft)
- MLS® number
- W13755698
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The home and its surroundings
- Carpet Free
- Sump Pump
- Water Meter
- Hospital
- Park
- Public Transit
- Rec./Commun.Centre
- School
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax and Toronto municipal land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
740 Lansdowne Avenue, Toronto, ON M6H 3Y8
Dovercourt-Wallace Emerson-Junction, Toronto · Near Lansdowne Avenue and Lappin Avenue
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Listing history for 740 Lansdowne Avenue
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 740 Lansdowne Avenue
Answers come straight from this home’s MLS® listing.
How much is 740 Lansdowne Avenue listed for, and what would it cost each month?
740 Lansdowne Avenue is listed for $1,299,000. With 20% down ($259,800), the mortgage payment would be roughly $5,240 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $5,658 a month, all in. That figure is an illustration, not a quote.
Is 740 Lansdowne Avenue freehold or a condo, and is there a monthly fee?
740 Lansdowne Avenue is a triplex in Dovercourt-Wallace Emerson-Junction, Toronto. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 740 Lansdowne Avenue have?
740 Lansdowne Avenue has 4 bedrooms, plus 2 more bedrooms in the basement, and 3 bathrooms. The listing gives the style as 2-storey.
Does 740 Lansdowne Avenue have a garage and parking?
The listing does not show a garage. The driveway adds 1 space. In total the listing counts 1 parking space.
Does 740 Lansdowne Avenue have a finished basement?
The listing describes the basement as apartment. It counts 2 bedrooms on that level. A listing description is not proof of a legal second unit, so confirm zoning and permits with the municipality before counting on rental income.
What style of home is 740 Lansdowne Avenue?
740 Lansdowne Avenue is a triplex. A multiplex holds two or more separate units under one roof, often bought to live in one unit and rent the others.
How big is 740 Lansdowne Avenue, and what is the lot size?
The listing puts the home between 1,100 and 1,500 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 25 x 45 ft.
How is 740 Lansdowne Avenue heated and cooled?
Heating is forced air (gas). The listing does not show air conditioning.
What are the property taxes for 740 Lansdowne Avenue?
Property taxes are $5,022 a year (2025), or about $419 a month.
Where is 740 Lansdowne Avenue?
740 Lansdowne Avenue is in the Dovercourt-Wallace Emerson-Junction community of Toronto. The nearest main intersection is Lansdowne Avenue and Lappin Avenue. The postal code is M6H 3Y8.
Is 740 Lansdowne Avenue still for sale?
Yes. It is an active listing (MLS® W13755698). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 740 Lansdowne Avenue asking?
Similar properties for sale nearby right now include 740 Lansdowne Avenue at $1,299,000, 1160 Dufferin Street at $1,399,000 (4 bed) and 1063 Dufferin Street at $1,100,000 (5 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 740 Lansdowne Avenue sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 740 Lansdowne Avenue?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near Dovercourt-Wallace Emerson-Junction, picked by style, size and price.
Investment$1,299,000740 Lansdowne Avenue, Toronto3 bath · Dovercourt-Wallace Emerson-JunctionCourtesy of: ROYAL LEPAGE REAL ESTATE SERVICES LTD.View home →
Multiplex$1,399,0001160 Dufferin Street, Toronto4 bed · 4 bath · Dovercourt-Wallace Emerson-JunctionCourtesy of: ROYAL LEPAGE REAL ESTATE SERVICES LTD.View home →
Duplex$1,100,0001063 Dufferin Street, Toronto5 bed · 3 bath · Dovercourt-Wallace Emerson-JunctionCourtesy of: ANJIA REALTYView home →Courtesy of: ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.