449 Lansdowne Avenue, Toronto, ON M6H 3Y2

$2,750,000
11
BD
8
BA
2,000
SqFt

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List Price
$2,750,000
MLS#
C13775042
Status
ACTIVE
Type
Multifamily
SubType
Fourplex
Style
2-Storey
Bedrooms
11
Bathrooms
8
Living Area
2000-2500
Province
ON
Municipality
Toronto
Area
Toronto
Neighborhood
Dufferin Grove
Subdivision
Bloor St W & Lansdowne Ave

Property Description

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.

Additional Information

Taxes
$13,219
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Kitchens
4
Exterior
Brick, Wood
Garage Type
None
Pool
None
Parking Type
None

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Listing courtesy of RE/MAX METROPOLIS REALTY.