1383 Lansdowne Avenue Toronto (Corso Italia-Davenport), 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, leased for $2,600/month on a month-to-month basis. The main floor and lower level comprise 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 services. Significant updates enhance both functionality and long-term value. Property improvements including 200-amp electrical service, basement waterproofing along three exterior walls, and installation of a sump pump and backwater valve. The basement was renovated with new flooring and drywall, creating additional living space and proper separation between units. Additional updates include roof shingles (2018), furnace (2019, owned), A/C (2022), upgraded windows (2016, excluding basement and third floor), and insulation/soundproofing in the basement ceiling. Both nits 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 single family home. (id:48469)
Property Details
| MLS® Number | W13037972 |
| Property Type | Single Family |
| Community Name | Corso Italia-Davenport |
| AmenitiesNearBy | Park, Place Of Worship, Public Transit |
| CommunityFeatures | Community Centre |
| EquipmentType | Water Heater |
| RentalEquipmentType | Water Heater |
| ViewType | City View |
Building
| BathroomTotal | 3 |
| BedroomsAboveGround | 3 |
| BedroomsTotal | 3 |
| Age | 100+ Years |
| Appliances | Water Heater, Dishwasher, Dryer, Microwave, Stove, Washer, Window Coverings, Refrigerator |
| BasementDevelopment | Finished |
| BasementFeatures | Walk Out |
| BasementType | N/a (finished) |
| ConstructionStyleAttachment | Semi-detached |
| CoolingType | Central Air Conditioning |
| ExteriorFinish | Brick |
| FlooringType | Tile, Hardwood, Vinyl |
| FoundationType | Unknown |
| HalfBathTotal | 1 |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 3 |
| SizeInterior | 1500 - 2000 Sqft |
| Type | House |
| UtilityWater | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| FenceType | Fenced Yard |
| LandAmenities | Park, Place Of Worship, Public Transit |
| Sewer | Sanitary Sewer |
| SizeDepth | 110 Ft |
| SizeFrontage | 19 Ft ,1 In |
| SizeIrregular | 19.1 X 110 Ft |
| SizeTotalText | 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 09:46:27
Toronto Real Estate Board
Chestnut Park Real Estate Limited