449 Lansdowne Avenue, Toronto, ON M6H 3Y2 — $2,750,000

About this property

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.

General Details

Property Type

Residential Freehold

Sub Type

Fourplex

Architectural Style

2-Storey

Faces

East

Interior Features

Interior

Carpet Free

Heating

Forced Air

Cooling

Central Air

Exterior & Construction

Construction

Brick, Wood

Roof

Asphalt Shingle

Basement

Apartment, Separate Entrance, Finished

Waterfront

No

Parking

Total Spaces

0

Utilities

Sewer

Sewer

Financial Information

Property Tax (2025)

$13,219

Market Information

Listed Date

September 11, 2026