447 - 449 LANSDOWNE AVENUE

Rare 8-unit turnkey portfolio delivering 8,724 sq ft of legal livable space and a ~4.4% in-place yield in prime Toronto. Situated steps from Dufferin Mall, High Park, schools, groceries, TTC transit, and the Bloor GO Station, this property features two fully renovated legal semi-detached fourplexes with modern laneway suites. Building 449 (~4,378 sq ft) includes a 3-bed/1-bath main unit (~768 sf), 3-bed/3-bath upper unit (~1,307 sf), 2-bed/1-bath basement unit (~823 sf), and 3-bed/3-bath laneway suite (~1,480 sf). Building 447 (~4,346 sq ft) includes a 2-bed/2-bath main unit (~847 sf), 3-bed/3-bath upper unit (~1,317 sf), 2-bed/1-bath basement unit (~908 sf), and 3-bed/3-bath laneway suite (~1,274 sf). Each unit offers private entrances, modern kitchens with stainless steel appliances, stylish backsplashes, and in-suite laundry. Low-maintenance operations feature separately metered hydro, proportionate gas/water splits, tenant-paid internet, stable long-term tenants, future repositioning upside, on-site parking, and City permit street parking. (id:67197)

Price

$5,500,000

Property Type

Single Family

Transaction Type

For sale

Bedrooms

21

Bathrooms

17

Parking

0

MLS® Number

C13775080

Interior Size

3500 - 5000 sqft

Building Type

Other

Bedrooms Above Grade

17

Bedrooms Below Grade

4

Bathrooms

17

Basement

N/A, N/A, N/A (Finished)

Basement Development

Finished

Cooling

Central air conditioning

Exterior Finish

Brick, Wood

Fireplace

No

Foundation

Block

Heating Fuel

Natural gas

Heating

Forced air

Interior Size

3500 - 5000 sqft

Stories

2

Water

Municipal water

Size Frontage

24 ft ,6 in

Size Depth

134 ft

Acreage

No

Sewer

Sanitary sewer

• Carpet Free