449 Lansdowne Avenue

Toronto, ON M6H 3Y2 ( Dufferin Grove)

Quick Facts

Type: Fourplex

Style: 2-Storey

Size: Sq Ft

Age: Years

Taxes: $ 13,219 ( 2025)

Updated: 2026-07-13 16:13:31

Description

Exceptional opportunity to own a legal fourplex offering four fully self-contained, fully renovated units with modern finishes throughout-ideal for investors or end-users seeking strong income potential. The property features a main floor unit (3 bed, 1 bath, ~768 sq ft), upper unit (3 bed, 3 bath incl. 1 powder, ~1,307 sq ft), basement unit (2 bed, 1 bath, ~823 sq ft with multiple windows), and a laneway suite (3 bed, 3 bath incl. 1 powder, ~1,480 sq ft). Each unit offers separate entrances and private living space, enhancing functionality and privacy. All suites are updated with stainless steel appliances, stylish backsplashes, and in-suite washer/dryer, providing turnkey, low-maintenance living across all units. Strong investment fundamentals with an estimated cap rate of approximately 4.1%, with upside potential through rent increases in select units and the opportunity to capture higher market rents as tenancies turn over or new tenants are placed. 4 of 4 units are currently occupied with long-term, quality tenants paying at or slightly above market rent, providing stable in-place income. There is additional upside through future rent increases as well as potential turnover opportunities to reposition select units to higher market rents. The property may also offer flexibility for short-term rental use in certain units, subject to local regulations and buyer strategy. Each unit has hydro separately metered, while gas and water are split proportionately between units. Internet is the responsibility of each tenant and paid separately, supporting flexible and tenant-managed utility arrangements throughout the property. Parking potential exists on-site with the ability to create dedicated spaces, plus City of Toronto street parking used by some tenants. Conveniently located near Dufferin Mall, High Park, schools, groceries, and everyday amenities, with easy access to TTC and Bloor GO Station for easy commuting.

Extras

Fourplex

Property

Status: For Sale

MLS #: C13198660

Price: $ 3,250,000

Address: 449 Lansdowne Avenue

Type:

Style: 2-Storey

Size: Sq Ft

Age: Years

Front On:

Taxes: $ 13,219

Tax Year: 2025

Lot Size:

Neighbourhood: Dufferin Grove

Nearest Intersection: Bloor St W & Lansdowne Ave

City: Toronto

Postal Code: M6H 3Y2

DOM: 8 Days

Last Update: 2026-07-13 16:13:31

Building

Interior

Bedrooms: 11

Bathrooms: 8

Rooms: 0

Kitchens: 4

Family Room:

Fireplace:

Basement: Apartment Separate Entrance Finished,

Central Vacuum:

Exterior

Exterior: Brick Wood ,

Driveway:

Garage: None

Garage Spaces:

Parking Spaces: 0.00

Pool:

Utilities

Electricity (Hydro):

Gas:

Phone:

Cable TV:

Heat Type: Forced Air

Heat Source: Gas

Air Conditioning: Central Air

Water:

Sewers:

Features

Rooms