1383 LANSDOWNE AVENUE, Toronto (Corso Italia-Davenport)

2026-04-26
 

Quick Summary

Location
1383 LANSDOWNE AVENUE, Toronto (Corso Italia-Davenport), Ontario M6H3Z9
Price
$1,098,000 CAD
Status:
For Sale
Property Type:
Single Family
Area:
1500 - 2000 sqft
Bedrooms:
3
Bathrooms:
3

MLS®#W13037972

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, tenant is leaving July 31st. 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:32467)

Property Features

Ammenities Near By

  • Ammenities Near By: Park, Place of Worship, Public Transit

Building

  • 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: Semi-detached
  • Cooling Type: Central air conditioning
  • Exterior Finish: Brick
  • Fireplace: No
  • Flooring Type: Tile, Hardwood, Vinyl
  • Interior Size: 1500 - 2000 sqft
  • Building Type: House
  • Stories: 2.5
  • Utility Water: Municipal water

Land

  • Land Size: 19.1 x 110 FT
  • Sewer: Sanitary sewer

Ownership

  • Type: Freehold

Information entered by CHESTNUT PARK REAL ESTATE LIMITED
Listing information last updated on: 2026-06-18 03:10:49


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