37
See all 37 photos
$1,098,000
Est. payment /mo
3 Beds
3 Baths
Active
1383 Lansdowne AVE Toronto W03, ON M6H 3Z9
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Semi-Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
Municipality Toronto W03
Subdivision Corso Italia-Davenport
MLS Listing ID W13037972
Style 2 1/2 Storey
Bedrooms 3
Annual Tax Amount $4,396
Tax Year 2025
Property Sub-Type Semi-Detached
Property Description
Fabulous Income-generating opportunity at 1383 Lansdowne Avenue. This well-maintained, turn-key semi offers two units, both currently tenanted, providing immediate and stable rental income. The upper unit features 2 bedrooms and 1 bathroom and is leased for $2,600/month on a month-to-month basis. The main floor and lower level offer a spacious 1-bedroom, 2-bathroom unit, leased for $2,500/month with a fixed term until October 31, 2026. Tenants pay utilities, with each unit responsible for 50% of hydro, gas, and City of Toronto utilities. Significant updates enhance both functionality and long-term value. Property improvements include 200-amp electrical service, basement waterproofing along three exterior walls, and installation of a sump pump and backwater valve. Additional updates include roof shingles (2018), furnace (2019, owned), A/C (2022), upgraded windows (2016) and insulation/soundproofing in the basement ceiling. Both units are equipped with their own laundry. An ideal property for investors seeking strong cash flow in a central Toronto location, or for end-users looking to live in one unit while generating rental income from the other or convert to a single-family home.
Location
Province ON
County Toronto
Community Toronto W03
Area Toronto
Rooms
Family Room No
Basement Finished with Walk-Out
Kitchen 2
Interior
Interior Features Water Heater
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Parking Features None
Pool None
View City
Roof Type Asphalt Shingle
Lot Frontage 19.08
Lot Depth 110.0
Building
Building Age 100+
Unit Features Library,Park,Place Of Worship,Public Transit,Rec./Commun.Centre,Fenced Yard
Foundation Unknown
Others
ParcelsYN No
Listed by CHESTNUT PARK REAL ESTATE LIMITED
NEARBY SCHOOL & BUSINESS
GET MORE INFORMATION