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447 LANSDOWNE AVENUE, Toronto (Dufferin Grove)
2026-05-28
Quick Summary
- Location
- 447 LANSDOWNE AVENUE, Toronto (Dufferin Grove), Ontario M6H3Y2
- Price
- $3,448,000
- Status:
- For Sale
- Property Type:
- Multi-family
- Area:
- 2000 - 2500 sqft
- Bedrooms:
- 8 bed +2
- Bathrooms:
- 9
MLS®#C13198742
Property 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 (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. (id:32467)
Property Features
Building
- Appliances: All, Dishwasher, Furniture, Microwave, Stove, Refrigerator
- Basement Development: Finished
- Basement Features: Apartment in basement, Separate entrance
- Basement Type: N/A, N/A, N/A (Finished)
- Cooling Type: Central air conditioning
- Exterior Finish: Brick, Wood
- Fireplace: No
- Interior Size: 2000 - 2500 sqft
- Building Type: Fourplex
- Stories: 2
- Utility Water: Municipal water
Features
- Feature: Carpet Free
Land
- Land Size: 24.5 x 134 FT
- Sewer: Sanitary sewer
Information entered by RE/MAX METROPOLIS REALTY
Listing information last updated on: 2026-06-25 18:14:30
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How much could you save in commission selling with One Percent Realty?
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
5% + HST . Not all agents charge the same.
One Percent Realty's top FAQs
We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
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