449 LANSDOWNE AVENUE, Toronto (Dufferin Grove), ON M6H3Y2
Dufferin Grove
Key Facts
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. (id:31684)
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Listing #
C13198660
Property Features
Cooling
Heating
Affordability Calculator
$650,000
Estimated monthly payment
$17,298/mo
Principal $2,600,000 · Est. interest $3,627,231 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Toronto, ON
- CA$784,870
- Median Listing Price
- 41
- Median Days on Market
- 950
- Median Sq Ft
- CA$818
- Median Price / Sq Ft
- 20,012
- Active Listings
- This home’s price is 314% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Toronto, ON.
Location
- 449 LANSDOWNE AVENUE, Toronto (Dufferin Grove), ON M6H3Y2
Points of Interest in Toronto (Dufferin Grove), ON
Showing the Toronto (Dufferin Grove) area map.
Nearby Schools
Ecole Secondaire Catholique Saint-Frere-Andre
Secondary · 0.2 km away
Ecole Secondaire Toronto Ouest
Secondary · 0.2 km away
Brock Public School
School · 0.3 km away
St Helen Catholic School
School · 0.5 km away
Bloor Collegiate Institute
Secondary · 0.7 km away
City View Alternative School Sr
Secondary · 0.8 km away
Shirley Street Junior Public School
Elementary · 0.8 km away
St. Mary's Catholic Secondary School
Secondary · 0.8 km away
Bishop Marrocco/ Thomas Merton
Secondary · 0.9 km away
Westminster Classical Christian Academy
School · 0.9 km away
Howard Junior Public School
Elementary · 1.0 km away
My School Co-Operative Nursery School
School · 1.0 km away
St Vincent de Paul School
School · 1.0 km away
Fern Avenue Public School
School · 1.1 km away
St Anthony Catholic School
School · 1.1 km away
Odyssey Montessori School Inc
Elementary · 1.2 km away
St Luigi Catholic School
School · 1.2 km away
Perth Avenue Junior Public School
Elementary · 1.3 km away
Parkdale Junior and Senior Public School
Secondary · 1.3 km away
The Orchard Montessori School
Elementary · 1.3 km away
Commute Calculator
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 214 Gerrard Street E, Toronto, ON | CA$2,300,000 | 10 | 4 | — |
| 72 GAIETY DRIVE, Toronto (Woburn), ON | CA$2,300,000 | 10 | 8 | — |
| 72 Gaiety Drive, Toronto, ON | CA$2,300,000 | 10 | 8 | — |
| 214 GERRARD STREET E, Toronto (Cabbagetown-South St. James Town), ON | CA$2,300,000 | 10 | 4 | — |
| 144 COXWELL AVENUE, Toronto (Greenwood-Coxwell), ON | CA$2,350,000 | 14 | 8 | — |
| 144 Coxwell Avenue, Toronto, ON | CA$2,350,000 | 14 | 8 | — |
Moving Cost Estimate
EXIT Agents in Toronto (Dufferin Grove)
Listing Courtesy: RE/MAX METROPOLIS REALTY
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