447 Lansdowne Avenue Toronto, Ontario M6H 3Y2
$3,498,000
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 (2 bed, 2 bath, ~847 sq ft), upper unit (3 bed, 2 full bath + 1 powder, ~1,317 sq ft), basement unit (2 bed, 1 bath, ~908 sq ft with multiple windows), and a laneway suite (3 bed, 2 full bath + 1 powder, ~1,274 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 4.4%, 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. 3 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. (id:24801)
Property Details
| MLS® Number | C13198742 |
| Property Type | Multi-family |
| Community Name | Dufferin Grove |
| Features | Carpet Free |
Building
| Bathroom Total | 9 |
| Bedrooms Above Ground | 8 |
| Bedrooms Below Ground | 2 |
| Bedrooms Total | 10 |
| Appliances | All, Dishwasher, Furniture, Microwave, Stove, Refrigerator |
| Basement Development | Finished |
| Basement Features | Apartment In Basement, Separate Entrance |
| Basement Type | N/a, N/a, N/a (finished) |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick, Wood |
| Foundation Type | Block |
| Half Bath Total | 2 |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 2,000 - 2,500 Sqft |
| Type | Fourplex |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 134 Ft |
| Size Frontage | 24 Ft ,6 In |
| Size Irregular | 24.5 X 134 Ft |
| Size Total Text | 24.5 X 134 Ft |
Contact Us
Contact us for more information
Yuri Kvyetko
Salesperson
www.newwindcapitalgroup.com/
www.facebook.com/yurikvyetkorealtor/
twitter.com/yurikvyetko?lang=en
www.linkedin.com/in/yuri-kvyetko-44109772/
8321 Kennedy Rd #21-22
Markham, Ontario L3R 5N4
(905) 824-0788
(905) 817-0524
www.remaxmetropolis.ca/
Caleb Reinhardt Jarvine
Salesperson
8321 Kennedy Rd #21-22
Markham, Ontario L3R 5N4
(905) 824-0788
(905) 817-0524
www.remaxmetropolis.ca/
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
May 27 2026 07:16:52
Toronto Regional Real Estate Board
RE/MAX Metropolis Realty