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.
Address
449 Lansdowne Avenue
List Price
$2,750,000
MLS® Status
New
Property Type
Residential Freehold
Type of Dwelling
Fourplex
Style of Home
2-Storey
Transaction Type
Sale
Area
Toronto C01
Sub-Area
Dufferin Grove
Region
Toronto
Bedrooms
9 + 2
Bedrooms (Total)
11
Rooms Above Grade
18
Rooms Below Grade
5
Bathrooms
8
Floor Area
2000-2500 Sq. Ft.
Lot Depth
134
Lot Size Units
Feet
Lot Width
23.92
Parcel Number
213081126
Occupant Type
Tenant
Cross Street
Bloor St W & Lansdowne Ave
MLS® Number
C13775042
Listing Brokerage
RE/MAX METROPOLIS REALTY
Basement Area
Apartment, Separate Entrance, Finished
Postal Code
M6H 3Y2
Posession Details
Flexible
Parking
None
Tax Amount
$13,219.00
Tax Year
2025
Interior Features
Carpet Free
Central Vacuum
No
Family Room
No
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
Central Air
Construction Materials
Brick, Wood
Direction Faces
East
Fireplace
No
Foundation Details
Concrete Block
Garage
No
Garage Type
None
Kitchens Total
4
Kitchens Above Grade
3
Kitchens Below Grade
1
Pool Features
None
Roof
Asphalt Shingle
Tax Legal Description
Pt Lt 12 Pl 1084
Waterfront
No
Sewer
Sewer