449 Lansdowne Ave, Toronto, Ontario, M6H 3Y2





Description
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.
Home Details
List Date
2026-09-11
Style
2-Storey
Type
Fourplex
Status
Active
Year Built
UNKNOWN
Features
Bedrooms
9+2
Bathrooms
8
Heating
Forced Air
Cooling
-
Parking
0 Spaces
Appliances & Equipment
Inclusions
Existing: 4 S/S Fridges, 4 S/S stoves, 4 S/S Microwaves, 4 S/S Dishwashers. All elfs. All window rollers. All existing furniture and small appliances that belong to the Seller.
Exterior
Construction
Brick
Water & Sewer
Municipal
Lot Size
23.92 x 134 Feet
Garage
None
Taxes
$13K (2025)
Listing Brokerage
Brokerage Name
RE/MAX METROPOLIS REALTY

RealtHer Group
Real Estate Brokers
RE/MAX Metropolis
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