447 Lansdowne Avenue Toronto, Ontario M6H 3Y2

$2,750,000

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:50976)

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https://www.realtor.ca/real-estate/30268893/447-lansdowne-avenue-toronto-dufferin-grove-dufferin-grove