trreb/IMG-W13767790_062d8443-b8e6-492c-b1dd-5642d88a5ab4-l.jpg
Re-listed 41 days ago

740 Lansdowne Ave, Toronto, Ontario M6H 3Y8

Other
-
3
~1357 sqft
$•••,•••
$1,299,000
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Other
-
3
~1357 sqft

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Highlights

Property Estimate

Days on market41 days

Total days on market
255 days

Estimated valueNot available

Price/Sqft$957/sqft

Monthly cost

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Description

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

StyleApartment
View-
Age of property-
SqFt~1357 SqFt
Lot Size1,125 SqFt(45 x 25)
Parking Spaces1
MLS ®NumberW13767790
Community NameWallace Emerson
Data SourceTRREB
Listing byROYAL LEPAGE REAL ESTATE SERVICES LTD.

Features

Heating: Gas Forced Air Closd
Cooling: N
Basement: Y

Features

Lot size: 1,125 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 1


Property History

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Price changeActive
$•••,•••
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Re-listed
$•••,•••
41 days on market
history photo preview23
Listing by trreb®
Property listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD., Brokerage
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Market Data - Wallace Emerson

Geo Zone Map ThumbnailWallace Emerson

Strong Buyer's Market

View Market Data

Other - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

27 days

Compared to

2025

27 days

2024

19 days

2023

14 days

New Listings

Past 30 days

20 listings

Compared to

2025

24 listings

2024

20 listings

2023

25 listings

Units sold

Past 30 days

4 units

Compared to

2025

7 units

2024

9 units

2023

9 units

Median Sold Price

Past 30 days

$855,000

Compared to

2025

$880,000

2024

$570,000

2023

$1,086,000


Population and Demographics

Overview

Total population 9151
Average household income $125,166

Age (%)

0 to 19
15%
20 to 34
28%
35 to 49
26%
50 to 64
17%
65 and plus
14%

Household composition (%)

Single family
53%
Single person
36%
Multi person
10%
Multi family
1%

Mother tongue (%)

English
63%
Portuguese
15%
Spanish
5%
Yue (Cantonese)
3%
Italian
2%
Vietnamese
2%
French
2%
Others
2%
Mandarin
2%

House tenancy (%)

Renters
50%
Owners
50%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget