1383 Lansdowne AVE, Toronto W03, ON M6H 3Z9
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1383 Lansdowne AVE, Toronto W03, ON M6H 3Z9
1383 Lansdowne AVE, Toronto W03, ON M6H 3Z9
1383 Lansdowne AVE, Toronto W03, ON M6H 3Z9
1383 Lansdowne AVE, Toronto W03, ON M6H 3Z9
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Neil ODonnell

Neil ODonnell

+1(289) 682-9152
$ 1,098,000
Est. payment /mo
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1383 Lansdowne AVE Toronto W03, ON M6H 3Z9

3 Beds

3 Baths

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Semi-Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

Municipality Toronto W03

Subdivision Corso Italia-Davenport

MLS Listing ID W13037972

Style 2 1/2 Storey

Bedrooms 3

Annual Tax Amount $4,396

Tax Year 2025

Property Sub-Type Semi-Detached

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 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.

Location

Province ON

County Toronto

Community Toronto W03

Area Toronto

Rooms

Family Room No

Basement Finished with Walk-Out

Kitchen 2

Interior

Interior Features Water Heater

Cooling Central Air

Fireplace No

Heat Source Gas

Exterior

Parking Features None

Pool None

View City

Roof Type Asphalt Shingle

Lot Frontage 19.08

Lot Depth 110.0

Building

Building Age 100+

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

Foundation Unknown

Others

ParcelsYN No

Listed by CHESTNUT PARK REAL ESTATE LIMITED
Neil ODonnell

Neil ODonnell

Broker

+1(289) 682-9152

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1383 Lansdowne AVE