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447 Lansdowne Avenue, Dufferin Grove M6H 3Y2

Price

$2,750,000

Bedrooms

8 Beds

Bathrooms

9 Baths

Size

2000-2500 sqft

Year Built

Not listed

Property Type

House

Property Taxes

$13114

Description

Turnkey multi-residential investment delivering an approximate cap rate of 4.6% across 4 legal self-contained units and 4,346 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 2-bed/2-bath main unit (~847 sf), 3-bed/2.5-bath upper unit (~1,317 sf), 2-bed/1-bath basement unit with bright windows (~908 sf), and a detached 3-bed/2.5-bath laneway suite (~1,274 sf). 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, 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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The Property Location

Calculate Your Monthly Mortgage Payments

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Total Monthly Payment

$11,472 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$2,200,000

Total Interest Payments

$1,356,434

Total Payment (Principal + Interest)

$3,556,434

Get An Estimate On Selling Your House

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Estimated Net Proceeds

$68,000

Realtor Fees

$25,000

Total Selling Costs

$32,000

Sale Price

$500,000

Mortgage Balance

$400,000

Meet Ken Matsumoto

Meet Ken Matsumoto

A highly successful and experienced real estate agent, Ken has been serving clients in the Greater Toronto Area for almost two decades. Born and raised in Toronto, Ken has a passion for helping people find their dream homes and investment properties has been the driving force behind his success. He has a deep understanding of the local real estate market, and his extensive knowledge and experience have earned him a reputation amongst his clients as a trusted and reliable partner when dealing with their real estate needs.

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