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:63203)
Property Details
| MLS® Number | W13037972 |
| Property Type | Single Family |
| Neigbourhood | Corso Italia-Davenport |
| 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 Ft2 |
| 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 |
Contact Us
Contact us for more information
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
April 23 2026 11:12:12
Toronto Regional Real Estate Board
Chestnut Park Real Estate Limited