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FourplexListed 33 days ago

$2,750,000

449 Lansdowne Avenue, Toronto, ON M6H 3Y2

Dufferin Grove · Toronto · M6H 3Y2

Listing brokerage: RE/MAX METROPOLIS REALTY

Beds
9+2
Baths
8
Sq ft
2000–2500
Parking
0

Monthly costs

Property taxes

$1,102/mo

$13,219 a year (2025)

The home

Lot size
23.9 × 134 ft
Style
2-Storey
Basement
Apartment, Separate Entrance, Finished
Parking
None
Faces
East
Heating · cooling
Forced Air, Central Air
Possession
Flexible

About this home

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.

All details21 more from the listing · Interior, Heating, Parking, Exterior, Utilities, Taxes, Listing

Interior

Bedrooms
9+2
Bathrooms
8
Kitchens
4
Rooms
18
Size
2000-2500 sq ft

Features

  • Carpet Free

Heating & Cooling

Heat source
Gas

Parking

Covered spaces
0

Exterior & Lot

Exterior
Brick, Wood
Roof
Asphalt Shingle
Foundation
Concrete Block

Utilities

Sewer
Sewer

Taxes & Fees

HST
Included In

Listing

MLS® number
C13775042
Type
Fourplex
Transaction
For Sale
Neighbourhood
Dufferin Grove
Cross streets
Bloor St W & Lansdowne Ave
Co-listing brokerage
RE/MAX METROPOLIS REALTY
Rooms · 8Washroom ×8
  • 2 × 4-piece washroom

  • 4 × 3-piece washroom

  • 2 × 2-piece washroom

History

Past listings and sales for this home and building.

Location

449 Lansdowne Avenue, Toronto, ON M6H 3Y2 · Near Bloor St W & Lansdowne Ave

Monthly cost

Estimated monthly cost

$13,278/mo

Mortgage
$12,176
Property tax
$1,102
Down payment$550,000 · 20%
Interest rate4.50%

Amortization

Estimate only, for illustration. Includes mortgage default insurance when less than 20% is put down. Speak with a lender for an exact figure.

Cash to close

Cash to close

$662,852

$550,000 down + $112,852 to $114,102 in closing costs

Ontario land transfer tax
$55,225
Toronto land transfer tax
$55,225
Legal fees and disbursements
$1,500 to $2,500
Title insurance
$250 to $500
Property tax adjustment
$652

Estimate only, not legal or tax advice. Rates as of 2026-10-14 from Ontario, City of Toronto and CMHC published rates. Legal and title figures are typical ranges. Adjustments assume the seller prepaid the closing month. First-time rebates have eligibility rules; confirm with your lawyer.

The listing information is deemed reliable but is not guaranteed accurate by PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

$2,750,000

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