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1383 Lansdowne Avenue, Toronto, ON M6H 3Z9

Toronto W03, ON, M6H 3Z9 · Corso Italia-Davenport

3 Beds
3 Baths
Sq Ft
Semi-Detached Type
W13037972 MLS#

About this property

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.

Features & Amenities

  • Basement: Finished with Walk-Out
  • Garage: None
  • Cooling: Central Air
  • Heat Type: Forced Air
  • Heat Source: Gas
  • Style: 2 1/2 Storey
  • Construction: Brick
  • Sewer: Sewer

Property Details

Property Type Residential Freehold
Property Sub-Type Semi-Detached
Architectural Style 2 1/2 Storey
Bedrooms 3
Bathrooms 3
Basement Finished with Walk-Out
Garage None
Heat Type Forced Air
Heat Source Gas
Cooling Central Air
Sewer Sewer
Annual Tax $4,396
Tax Year 2025

Interior Features

Interior Features
Water Heater

Exterior Features

Pool Features
None

Building & Construction

Architectural Style
2 1/2 Storey
Construction Materials
Brick
Foundation Details
Unknown
Roof
Asphalt Shingle
Basement
Finished with Walk-Out
Approximate Age
100+

Heating & Cooling

Heat Type
Forced Air
Heat Source
Gas
Cooling
Central Air

Parking & Garage

Garage Type
None
Parking Spaces
0
Parking Total
0.00
Parking Features
None
Covered Spaces
0

Lot & Land

Lot Size Units
Feet
Lot Depth
110.00
Lot Width
19.08

Community & Neighborhood

Property Features
Library, Park, Place Of Worship, Public Transit, Rec./Commun.Centre, Fenced Yard

Financial & Tax

Tax Annual Amount
$4,396
Tax Year
2025
Possession Type
60-89 days
Possession Details
Flex

Utilities & Services

Sewer
Sewer

Room Details

Rooms Above Grade
8
Rooms Below Grade
2
Kitchens Above Grade
2
Kitchens Total
2
Bedrooms Above Grade
3

Additional Details

Occupant Type
Tenant
Direction Faces
East
County Or Parish
Toronto
Cross Street
St. Clair Ave W & Lansdowne Ave
Directions
St. Clair Ave W & Lansdowne Ave
Special Designation
Unknown
Showing Requirements
Lockbox

Location

1383 Lansdowne Avenue, Toronto, ON M6H 3Z9, Toronto W03, ON, M6H 3Z9

Listing courtesy of CHESTNUT PARK REAL ESTATE LIMITED
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