447 LANSDOWNE AVENUE

Turnkey multi-residential investment delivering an approximate cap rate of 4.6% across 4 legal self-contained units and 4,346 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 2-bed/2-bath main unit (~847 sf), 3-bed/2.5-bath upper unit (~1,317 sf), 2-bed/1-bath basement unit with bright windows (~908 sf), and a detached 3-bed/2.5-bath laneway suite (~1,274 sf). 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, 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. (id:67197)

Price

$2,750,000

Property Type

Multi-family

Transaction Type

For sale

Bedrooms

10

Bathrooms

9

Parking

0

MLS® Number

C13774946

Interior Size

2000 - 2500 sqft

Building Type

Fourplex

Bedrooms Above Grade

8

Bedrooms Below Grade

2

Bathrooms

9

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

2000 - 2500 sqft

Stories

2

Water

Municipal water

Size Frontage

24 ft ,6 in

Size Depth

134 ft

Acreage

No

Sewer

Sanitary sewer

• Carpet Free