Apartment buildings for sale in Toronto

449 Lansdowne Avenue, Toronto C01

2 to 5 units
Listed by RE/MAX METROPOLIS REALTY
Updated September 11, 2026
$2,750,000
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Main Entrance
Unit A
Unit A
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Unit B
Unit B
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Unit B
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Unit C
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Unit D
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Laneway (449 is on the left)
Laneway (449 entrance is on the right)
Units B & C (right side)
Courtyard

Details from the listing

Property taxes$13,219 (2025)
Lot size23.92 × 134 ft
OccupancyTenant
HeatForced Air, Gas

From the listing

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.

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Listings refreshed October 1, 2026 at 12:25 a.m. ET