447 Lansdowne Avenue
Dufferin Grove
Toronto
M6H 3Y2
$3,498,000
Residential Freehold
beds: 8+2
baths: 9.0
- Status:
- Active
- Prop. Type:
- Residential Freehold
- MLS® Num:
- C13198742
- Bedrooms:
- 8+2
- Bathrooms:
- 9
- Photos (50)
- Schedule / Email
- Send listing
- Mortgage calculator
- Print listing
Schedule a viewing:
Cancel any time.
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.
- Property Type:
- Residential Freehold
- Property Sub Type:
- Fourplex
- Home Style:
- 2-Storey
- Total Approx Floor Area:
- 2000-2500
- Lot Depth:
- 134'40.8 m
- Lot Frontage:
- 24'6"7.47 m
- Direction Faces:
- East
- Bedrooms:
- 8+2
- Bathrooms:
- 9.0
- Water supply:
- Municipal
- Kitchens:
- 4
- Kitchens in Basement:
- 1
- Bedrooms Above Grade:
- 8
- Bedrooms Below Grade:
- 2
- Kitchens Above Grade:
- 3
- Rooms Above Grade:
- 17
- Rooms Below Grade:
- 5
- Heating type:
- Forced Air
- Heating Fuel:
- Gas
- Foundation:
- Concrete Block
- Roof:
- Asphalt Shingle
- Basement:
- Apartment, Separate Entrance, Finished
- Fireplace/Stove:
- No
- Garage:
- None
- Garage Spaces:
- 0.0
- Parking Features:
- None
- Parking Spaces:
- 0
- Total Parking Spaces:
- 0.0
- Family Room:
- No
- Possession Details:
- Flexible
- Pool:
- None
- HST Applicable To Sale Price:
- Included In
- Taxes:
- $13,114 / 2025
- Assessment:
- $- / -
- Toronto
- Toronto C01
- Dufferin Grove
- Carpet Free
- $99 monthly HVAC per unit.
- Existing: 4 S/S Fridges, 4 S/S stoves, 4 S/S Microwaves, 4 S/S Dishwashers. All elfs. All window rollers. All existing furniture and small appliances that belong to the Seller.
- Brick, Wood
- Special Designation:
- Unknown
- Sewers:
- Sewer
- Air Conditioning:
- Central Air
- Central Vacuum:
- No
- Seller Property Info Statement:
- No
-
Main Entrance
-
Unit A
-
Unit A
-
Unit A
-
Unit A
-
Unit A
-
Unit A
-
Unit A
-
Unit A
-
Unit A
-
Unit B
-
Unit B
-
Unit B
-
Unit B
-
Unit B
-
Unit B
-
Unit B
-
Unit B
-
Unit B
-
Unit B
-
Unit B
-
Unit C
-
Unit C
-
Unit C
-
Unit C
-
Unit C
-
Unit C
-
Unit C
-
Unit C
-
Unit D
-
Unit D
-
Unit D
-
Unit D
-
Unit D
-
Unit D
-
Unit D
-
Unit D
-
Unit D
-
Unit D
-
Unit D
-
Unit D
-
Unit D
-
Unit D
-
Unit D
-
Unit D
-
Unit D
-
Unit B & C (main entrance on the left)
-
Laneway (right side)
-
Courtyard
-
Laneway (main entrance)
Larger map options:
Listed by RE/MAX METROPOLIS REALTY
Data was last updated May 28, 2026 at 02:15 AM (UTC)
- ALEX BEAUREGARD
- 988 BATHURST ST., TORONTO, ON M5R 3G6
- 1 (647) 898-4663
- Alex@AlexBeauregard.com
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.
powered by myRealPage.com