447 - 449 Lansdowne Avenue, Toronto, ON M6H 3Y2

$5,500,000
21
BD
17
BA
3,500
SqFt

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List Price
$5,500,000
MLS#
C13775080
Status
ACTIVE
Type
Single Family Residential
SubType
Other
Style
2-Storey
Bedrooms
21
Bathrooms
17
Living Area
3500-5000
Province
ON
Municipality
Toronto
Area
Toronto
Neighborhood
Dufferin Grove
Subdivision
Bloor St W & Lansdowne Ave

Property Description

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.

Additional Information

Taxes
$26,849
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Kitchens
8
Exterior
Brick, Wood
Garage Type
None
Pool
None
Parking Type
None

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Calculator source: Real Geeks

Listing courtesy of RE/MAX METROPOLIS REALTY.