$1,999,000 - 33 Landour Avenue, Keelesdale
Multi-Family for Sale in Keelesdale
Neighbourhood: Keelesdale-Eglinton West
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- MLS Number
- W13797364
- Property Type
- Multi-Family
- Status
- active
- Days on Site
- 20
- Bedrooms
- 6
- Bathrooms
- 4
- Square Feet
- 3,000 - 3,499 sqft
- Neighbourhood
- Keelesdale / Eglinton West
- Taxes (2026)
- $8,732
- Listing Brokerage
- YOUR HOME SOLD GUARANTEED REALTY INTERCITY PLUS IN
Attention savvy investors and portfolio builders! Welcome to 33 Landour Ave, an exceptional, turn-key legal 4-plex meticulously engineered for zero operational maintenance, maximum tenant retention, and effortless hands-off management. Nestled in Toronto's high-demand Keelesdale community, this fully detached multiplex has been completely overhauled with pristine modern finishes and stands fully stabilized with high-quality tenants. Shifting from its previous misclassification as a standard residential home, this asset represents a pure commercial-grade investment pool opportunity. This property runs like an institutional net-lease asset; all signed lease agreements are legally structured so that the tenants pay 100% of the property utilities and handle all day-to-day property maintenance, including snow and grass removal. The building features four completely self-contained, light-filled units, each offering independent private entrances, separate in-suite laundry, open-concept layouts, and stainless-steel appliances. Stop chasing older multi-family properties burdened with hidden renovation debt, major capital expenditure projects, and utility expense leakage. Acquire a pristine asset backed by active warranties where the leases are signed and the yield is fully secured.
Estimate your monthly payments for this property
Estimated Payment
$8,842.25/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Keelesdale-Eglinton West
Keelesdale-Eglinton West is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Keelesdale-Eglinton West
- •Convenient location in Keelesdale / Eglinton West
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Keelesdale-Eglinton West offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
33 Landour Avenue, Keelesdale / Eglinton West
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $666/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Market Position
At 20 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Larger Home Realities
At 3,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Excellent Flexibility
With 6 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Keelesdale.
Bathroom Count Matters
With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
About Keelesdale-Eglinton West
I know Keelesdale-Eglinton West well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.