For Sale: 447 Lansdowne Avenue, Toronto, ON - REW
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$3,498,000
8 + 2 bd • 9 ba • 2000 - 2500 sf • Fourplex
447 Lansdowne Avenue
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$3,498,000
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447 Lansdowne AvenueToronto, ON, M6H 3Y2

Dufferin Grove
  • 8 + 2 Bed
  • 9 Bath
  • 2000 - 2500 Sqft
  • Fourplex

About this home

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 (2 bed, 2 bath, ~847 sq ft), upper unit (3 bed, 2 full bath + 1 powder, ~1,317 sq ft), basement unit (2 bed, 1 bath, ~908 sq ft with multiple windows), and a laneway suite (3 bed, 2 full bath + 1 powder, ~1,274 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 4.4%, 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. 3 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.
Listed by: Yuri Kvyetko, Salesperson, RE/MAX METROPOLIS REALTY

Home facts and features

Price details
List Price
$3,498,000
Get Pre-Approved
Gross Taxes for 2025
$13,114
Home facts
Bedrooms
8 + 2
Full Bathrooms
9
Property Type
Fourplex
Lot Size
24 ft x 134 ft (3283 ft²)
Depth
134.0
Frontage
24.5
Exterior Finish
Brick, Wood
Heating Type
Forced Air, Gas
Cooling
Central Air
Basement Details
Apartment, Separate Entrance, Finished
Community
Agent details
Primary Agent
Yuri Kvyetko
Primary Broker
RE/MAX METROPOLIS REALTY
Secondary Agent
Secondary Broker
RE/MAX METROPOLIS REALTY
Listing details
Days on REW
10 Days
MLS® Number
C13198742
Source
Toronto Real Estate Board
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Property Insights

ÉS Toronto Ouest
  • Public
  • 7 - 12
ÉIC Saint-Frère-André
  • Catholic
  • 7 - 12
Brock Public School
  • Public
  • JK - 8
St Helen Catholic School
  • Catholic
  • JK - 8
Bloor Collegiate
  • Public
  • 9 - 12
Shirley Street School
  • Public
  • JK - 6
William Academy
  • Private
  • 7 - 12
Deutsche Schule Toronto
  • Private
  • PS - 8
Kent School
  • Private
  • 9 - 12
Bishop Marrocco/Thomas Merton Catholic Secondary School
  • Catholic
  • 9 - 12
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Salesperson
Yuri Kvyetko
Phone:
647-391-5970
Office:
905-824-0788
Salesperson
Caleb Reinhardt Jarvine
Phone:
(905) 824-0788
Office:
905-824-0788
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