$1,399,000
70 days on market
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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 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, and access to a rear yard. 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. Seller is a Registered Real Estate Agent (RREA).
740 Lansdowne Avenue
Closest publicly funded schools within 5 km
Source: Ontario Ministry of Education · straight-line distances
Nearest rapid transit and bus stops
Source: TTC GTFS · straight-line distances · routes shown are short names
123 within a 10-min walk · 717 within 20 min · click a card to see the closest ones
© OpenStreetMap contributors · counts are amenities tagged in OSM within walking distance
Listing provided by ROYAL LEPAGE REAL ESTATE SERVICES LTD.
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Data last updated: April 19, 2026 at 09:42 p.m.