33 Landour Avenue
33 Landour Avenue
$1,998,000
45 days on market
About This Listing
Income-Producing Brand New Legal 4-Plex Property, Steps away from Keelsdale LRT station. Exceptional investment property offering strong cash flow potential with an impressive cap rate over 5% . This property features four self-contained units including two bright one-bedroom units on the main floor, a spacious 2+1 bedroom unit on the second floor, and a beautifully finished two-bedroom lower-level suite. Each unit offers its own private entrance, separate laundry, open-concept layout, modern kitchens with stainless steel appliances, and abundant natural light throughout. Designed for maximum tenant appeal and rental efficiency, these brand-new units provide excellent flexibility for investors or multi-generational living. Located in a high-demand rental area close to transit, shopping, schools, and amenities. Rare opportunity to own a high-performing, low-maintenance multiplex with excellent income potential. Ask Listing Agent for full financials and cap rate details .Property is Fully tenanted now with monthly income of $9500 monthly.
| Monthly Mortgage (P&I) | $8,705 |
| Property Tax (est.) | $1,082 |
| Maintenance Fees | $0 |
| Total Monthly Cost | $9,787 |
Down payment: $399,600 (20.0%) · Mortgage: $1,598,400
Property tax rate: 0.65%. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.
Property Details
Listing provided by RE/MAX REALTRON REALTY INC.
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Data last updated: August 23, 2026 at 04:26 a.m.