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).
About this home
Photos of 740 Lansdowne Avenue
Facts and features of 740 Lansdowne Avenue
| Type | Triplex |
|---|---|
| Style | 2-Storey |
| Bedrooms | 4 + 2 |
| Bathrooms | 3 |
| Size | 1100-1500 sq ft |
| Lot | 25 x 45 Feet |
| Parking | 1 |
| Garage | None |
| Heating | Forced Air |
| Cooling | None |
| Basement | Apartment |
| Exterior | Brick |
| Taxes | $5,022 (2025) |
| Days on market | 63 |
| Listing brokerage | ROYAL LEPAGE REAL ESTATE SERVICES LTD. |
Around this home
What’s near 740 Lansdowne Avenue
From 740 Lansdowne Avenue, the nearest station is Ossington station (Line 2 Bloor-Danforth), 25 minutes on foot; the nearest grocery store is Gold City Fruit Market, 21 minutes on foot; the nearest TDSB elementary school is Perth Avenue Junior Public School, 12 minutes on foot; and the nearest park is Salem Parkette, 20 minutes on foot.
Transit
- Ossington station Line 2 Bloor-Danforth 25 min walk 6 min drive
Groceries and pharmacies
- Sone's Pharmacy Pharmacy 15 min walk 4 min drive
- Gold City Fruit Market Grocery 21 min walk 5 min drive
- Shoppers Drug Mart Pharmacy 23 min walk 5 min drive
Parks
- Salem Parkette Park 20 min walk 5 min drive
- Geary Avenue Parkette Park 20 min walk 4 min drive
- Westmoreland Avenue Parkette Park 21 min walk 5 min drive
Schools
- Perth Avenue Junior Public School TDSB elementary · JK-6 EQAO 2024-25: Gr 6 reading 90% · Gr 6 math 68% 12 min walk
- Pauline Junior Public School TDSB elementary · JK-6 EQAO 2024-25: Gr 6 reading 96% · Gr 6 math 65% 9 min walk
- ALPHA II Alternative School TDSB middle school · 7-8 17 min walk 4 min drive
- St Sebastian Catholic School Catholic elementary · JK-8 EQAO 2024-25: Gr 6 reading 100% · Gr 6 math 69% 8 min walk
- Bloor Collegiate Institute TDSB secondary · 9-12 EQAO 2024-25: Gr 9 math 69% · Gr 10 literacy 95% 14 min walk
- Bishop Marrocco/Thomas Merton Catholic Secondary School Catholic secondary · 9-12 EQAO 2024-25: Gr 9 math 41% · Gr 10 literacy 69% 18 min walk 4 min drive
Nearest schools, not necessarily the ones that serve this address. Check with the TDSB and TCDSB school locators.
Private schools
- Boys
- Royal St. George's College Grades 3 to 12 39 min walk 8 min drive
Within a 40-minute walk, from our list of private schools in central Toronto (checked October 2026). Fees and admissions on each school’s site. See all private schools
Restaurants
- Masa Deli Google reviews 15 min walk 4 min drive
- Hana Sushi Google reviews 20 min walk 4 min drive
- Szechuan Noodle Bowl Google reviews 20 min walk 4 min drive
- Piano Piano Google reviews 21 min walk 5 min drive
- Maker Pizza Google reviews 22 min walk 5 min drive
Places: OpenStreetMap contributors, October 2026. Walking and driving times: openrouteservice. Schools: EQAO 2024-25, Ontario Ministry of Education.
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740 Lansdowne Avenue
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740 Lansdowne Avenue
Listing information is deemed reliable but is not guaranteed accurate by PropTx or the Toronto Regional Real Estate Board. Data source: PropTx. Listings are refreshed from the MLS® at least daily.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
Royal LePage Terrequity Seymour Real Estate, Brokerage. Independently owned and operated.
MLS® W13755698 Data source: PropTx Listed September 8, 2026
