449 Lansdowne Avenue

Toronto, ONMulti-family
$2,750,000
MLS® C13775042
Multi-family11 beds8 baths0 total
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About This Property

Turnkey multi-residential investment delivering an approximately 4% cap rate across 4 legal self-contained units and 4,378 sq ft of fully renovated livable space in prime Toronto. Situated steps from Dufferin Mall, High Park, schools, groceries, TTC transit, and the Bloor GO Station, this legal semi-detached fourplex features a 3-bed/1-bath main unit (approximately 768 sq ft), 3-bed/2.5-bath upper unit (approximately 1,307 sq ft), 2-bed/1-bath basement unit with bright windows (approximately 823 sq ft), and a detached 3-bed/2.5-bath laneway suite (approximately 1,480 sq ft). Every suite includes private entrances, stainless steel appliances, stylish backsplashes, and in-suite laundry. The property delivers immediate, stable in-place income from quality tenants with future rental upside. The property may also offer flexibility for short-term rental use in certain units, subject to local regulations and buyer strategy. Operational features include separately metered hydro, proportionate gas/water splits, tenant-paid internet, on-site parking potential, and City permit street parking. A rare, turnkey acquisition combining effortless operation, strong immediate yield, and exceptional long-term capital appreciation in a prime Toronto location. (id:63604)

Key Facts

Type
Multi-family
Beds
11
Baths
8
Size
2,000 sqft
Lot
23.9 x 134 FT
Parking
0 total

Highlights

  • All
  • Refrigerator
  • Dishwasher
  • Stove
  • Microwave
  • Furniture
Property Details 16 details
Bedrooms
11 bedrooms
9 above grade + 2 below grade
Bathrooms
8 bathrooms
2 partials
Parking
0 parking spaces
No Garage
Living area
2,000 - 2,500 sq. ft.
Property
Multi-family · Attached
Property subtype
Multi-family
Structure type
Fourplex
Attached status
Attached
Storeys
2
Basement
Finished, Apartment in basement, Separate entrance
Heating
Forced air, Natural gas
Cooling
Central air conditioning
Fireplace
No
Lot dimensions
23.9 x 134 FT
Frontage
23.10 feet
Taxes
$13,219.00 (2,026)
Water source
Municipal water
Sewer
Sanitary sewer

Interior features

AllRefrigeratorDishwasherStoveMicrowaveFurniture

Exterior features

WoodBrickBlock

Lot and water

Carpet Free
Mortgage & Affordability Estimate monthly costs
Purchase price$2,750,000
Down paymentNot available
Mortgage amountNot available
Principal & interestNot available
Property taxesNot available
Condo/HOA feeNot available
Insurance/OtherNot available
UtilitiesNot available
Est. monthly totalNot available
Income needed (GDS 32%)Not available
Estimates only. Not financial advice. Rates, taxes and fees vary by lender and municipality.

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Neighbourhood

Area
Dufferin Grove
City
Toronto
Postal code
M6H 3Y2
Nearby
Cross Streets: Bloor St W & Lansdowne Ave. ** Directions: South of Bloor St W & North of Whytock Ave.