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Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

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$3,498,000
Available - For Sale
Listing ID: C13198660
Exceptional opportunity to own a legal fourplex offering four fully self-contained, fully renovated units with modern finishes throughout-ideal for investors or end-users seeking strong income potential. The property features a main floor unit (3 bed, 1 bath, ~768 sq ft), upper unit (3 bed, 3 bath incl. 1 powder, ~1,307 sq ft), basement unit (2 bed, 1 bath, ~823 sq ft with multiple windows), and a laneway suite (3 bed, 3 bath incl. 1 powder, ~1,480 sq ft). Each unit offers separate entrances and private living space, enhancing functionality and privacy. All suites are updated with stainless steel appliances, stylish backsplashes, and in-suite washer/dryer, providing turnkey, low-maintenance living across all units. Strong investment fundamentals with an estimated cap rate of approximately 4.1%, with upside potential through rent increases in select units and the opportunity to capture higher market rents as tenancies turn over or new tenants are placed. 4 of 4 units are currently occupied with long-term, quality tenants paying at or slightly above market rent, providing stable in-place income. There is additional upside through future rent increases as well as potential turnover opportunities to reposition select units to higher market rents. The property may also offer flexibility for short-term rental use in certain units, subject to local regulations and buyer strategy. Each unit has hydro separately metered, while gas and water are split proportionately between units. Internet is the responsibility of each tenant and paid separately, supporting flexible and tenant-managed utility arrangements throughout the property. Parking potential exists on-site with the ability to create dedicated spaces, plus City of Toronto street parking used by some tenants. Conveniently located near Dufferin Mall, High Park, schools, groceries, and everyday amenities, with easy access to TTC and Bloor GO Station for easy commuting.
Price $3,498,000
Taxes: $13,219
Occupancy by: Tenant
Address: 449 Lansdowne Avenue , Toronto, M6H 3Y2, Toronto
Directions/Cross Streets: Bloor St W & Lansdowne Ave
Rooms: 18
Rooms +: 5
Bedrooms: 9
Bedrooms +: 2
Washrooms: 8
Family Room: F
Basement: Apartment
Separate Ent
No. of Pieces Level
Washroom 1:  4
Washroom 2:  3
Washroom 3:  2
Washroom 4:  0
Washroom 5:  0
Washroom 6:  4
Washroom 7:  3
Washroom 8:  2
Washroom 9:  0
Washroom 10:  0
Property Type: Fourplex
Style: 2-Storey
Exterior: Brick
Wood
Garage Type: None
(Parking/)Drive: None
Drive Parking Spaces: 0
Park #1
Parking Type: None
Park #2
Parking Type: None
Pool: None
Approximatly Square Footage: 3500-5000
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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RE/MAX METROPOLIS REALTY

449 Lansdowne Avenue , Toronto, M6H 3Y2, Toronto

Personal Picture
Maria Tompson
Sales Representative
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184

 
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At a Glance:
Type: Freehold - Fourplex
Area: Toronto
Municipality: Toronto C01
Neighbourhood: Dufferin Grove
Style: 2-Storey
Lot Size: x 134.00(Feet)
Approximate Age:
Tax: $13,219
Maintenance Fee: $0
Beds: 9+2
Baths: 8
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854 Personal Pic
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