1383 Lansdowne Avenue Toronto, Ontario M6H 3Z9
$1,098,000
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. (id:50787)
Property Details
| MLS® Number | W13037972 |
| Property Type | Single Family |
| Community Name | Corso Italia-Davenport |
| Amenities Near By | Park, Place Of Worship, Public Transit |
| Community Features | Community Centre |
| Equipment Type | Water Heater |
| Rental Equipment Type | Water Heater |
| View Type | City View |
Building
| Bathroom Total | 3 |
| Bedrooms Above Ground | 3 |
| Bedrooms Total | 3 |
| Age | 100+ Years |
| Appliances | Water Heater, Dishwasher, Dryer, Microwave, Stove, Washer, Window Coverings, Refrigerator |
| Basement Development | Finished |
| Basement Features | Walk Out |
| Basement Type | N/a (finished) |
| Construction Style Attachment | Semi-detached |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick |
| Flooring Type | Tile, Hardwood, Vinyl |
| Foundation Type | Unknown |
| Half Bath Total | 1 |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 3 |
| Size Interior | 1,500 - 2,000 Sqft |
| Type | House |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Fence Type | Fenced Yard |
| Land Amenities | Park, Place Of Worship, Public Transit |
| Sewer | Sanitary Sewer |
| Size Depth | 110 Ft |
| Size Frontage | 19 Ft ,1 In |
| Size Irregular | 19.1 X 110 Ft |
| Size Total Text | 19.1 X 110 Ft |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Kitchen | 3.68 m | 2.97 m | 3.68 m x 2.97 m |
| Second Level | Living Room | 4.52 m | 3.43 m | 4.52 m x 3.43 m |
| Second Level | Bathroom | 2.56 m | 1.57 m | 2.56 m x 1.57 m |
| Second Level | Bedroom | 3.91 m | 4.52 m | 3.91 m x 4.52 m |
| Third Level | Bedroom 2 | 4.52 m | 5.84 m | 4.52 m x 5.84 m |
| Lower Level | Bedroom | 3.45 m | 4.27 m | 3.45 m x 4.27 m |
| Lower Level | Recreational, Games Room | 4.27 m | 2.79 m | 4.27 m x 2.79 m |
| Lower Level | Laundry Room | 4.83 m | 2.69 m | 4.83 m x 2.69 m |
| Lower Level | Bathroom | 1.47 m | 2.24 m | 1.47 m x 2.24 m |
| Main Level | Foyer | 3.58 m | 1.14 m | 3.58 m x 1.14 m |
| Main Level | Living Room | 3.56 m | 3.33 m | 3.56 m x 3.33 m |
| Main Level | Dining Room | 4.47 m | 3.68 m | 4.47 m x 3.68 m |
| Main Level | Kitchen | 3.45 m | 4.42 m | 3.45 m x 4.42 m |
| Main Level | Bathroom | 0.99 m | 1.91 m | 0.99 m x 1.91 m |
| Main Level | Mud Room | 2.31 m | 2.92 m | 2.31 m x 2.92 m |
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April 23 2026 11:12:12
Toronto Regional Real Estate Board
Chestnut Park Real Estate Limited