$3,498,000
449 Lansdowne Avenue, Toronto C01, ON M6H 3Y2
11 Beds
8 Baths
0 Parking
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.

Property Summary

Property Type Residential Freehold
Property Sub Type Fourplex
Transaction Type For Sale
Style 2-Storey
Bedrooms Above Grade 9
Bedrooms Below Grade 2
Bathrooms 8
Kitchens 4
Basement Apartment, Separate Entrance, Finished
Exposure East
Possession Flexible

Building

Building Type Fourplex
Square Footage 3500-5000
Exterior Brick, Wood
Foundation Concrete Block
Roof Asphalt Shingle
Heating Forced Air
Heat Source Gas
Cooling Central Air
Fireplace No

Measurements

Lot Size 23.92 x 134
Lot Size Units Feet
Frontage 23.92
Depth 134
Total Living Area 3500-5000

Land

Address 449 Lansdowne Avenue, Toronto C01, ON M6H 3Y2
City Toronto C01
Community Dufferin Grove
County / Area Toronto
Cross Street Bloor St W & Lansdowne Ave
Sewer Sewer
Pool None
Parcel Number 213081126

Parking and Garage

Total Parking 0
Garage Type None

Taxes and Listing Info

List Price $3,498,000
Annual Taxes $13,219
Tax Year 2025
Status Active
Listing Date 2026-05-27T18:15:35Z
Updated 2026-05-27T18:50:37Z
MLS Number C13198660
Local Market Insight

What Buyers Should Know About 449 Lansdowne Avenue, Toronto C01, ON M6H 3Y2

This editorial summary helps buyers look beyond the headline price and review the neighbourhood, transit, schools, rental demand, long-term value, and due-diligence items that often matter before booking a showing or submitting an offer.

Neighbourhood Analysis

449 Lansdowne Avenue, Toronto C01, ON M6H 3Y2 is positioned in Dufferin Grove, a part of Toronto C01 where buyers should compare the street setting, nearby amenities, daily travel routes, and surrounding housing stock. For a 2-Storey, the strongest fit often depends on whether the location supports everyday routine as well as the numbers on paper.

School And Family Considerations

Families reviewing this Fourplex should confirm school boundaries directly with the local school boards before relying on listing notes. It is also worth checking walkability to parks, childcare, recreation centres, libraries, and community facilities because these details can influence both lifestyle value and future resale demand.

Transit And Access

The location should be assessed around commute patterns, access to Bloor St W & Lansdowne Ave, public transit options, parking availability, and drive times to employment areas. A property with 0 parking and practical road access can appeal to buyers who need convenience without giving up neighbourhood quality.

Investment Potential

At $3,498,000, buyers should compare recent nearby sales, days on market, condition, lot utility, and the cost of future repairs or upgrades. The property shows 11 bedrooms, 8 bathrooms, basement details marked as Apartment, Separate Entrance, Finished, and a lot size of 23.92 x 134, all of which can affect value.

Rental Demand

If this property is being reviewed as a rental or investment, demand should be measured by bedroom count, transit access, employment access, nearby schools, parking, and the condition of the unit or home. In Toronto C01, rental appeal usually improves when a property is easy to maintain and simple for tenants to live in.

Local Attractions And Amenities

Buyers should look at grocery access, restaurants, trails, parks, shopping, medical services, and weekend amenities around Dufferin Grove. These features do not always appear in the MLS data, but they can make a major difference in how the home feels after move-in and how future buyers compare it.

Builder, Condition, And Due Diligence

For resale homes, review renovations, permits, roof and mechanical age, exterior condition, inclusions, and rental items. For condo or newer properties, review building history, maintenance fees, reserve fund information, rules, amenities, and future cost exposure. A showing and document review should confirm anything not visible in the listing.

Nearby Infrastructure

Infrastructure matters because transit improvements, road projects, schools, parks, commercial growth, and employment nodes can change how an area performs over time. For 449 Lansdowne Avenue, Toronto C01, ON M6H 3Y2, buyers should check municipal plans, nearby construction, zoning context, and future projects that may affect enjoyment or resale value.

This section is informational only. Buyers should verify schools, measurements, rental rules, taxes, zoning, and property condition with the appropriate professionals before making a decision.

Listing data is provided through PropTx/MLS data services and is deemed reliable but not guaranteed. Listings are subject to change without notice.