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Photo of 1383 Lansdowne Avenue

1383 Lansdowne Avenue

Toronto (Corso Italia-Davenport), Ontario M6H3Z9

MLS # W13037972

$1,098,000

Property Details

Type

Semi-Detached

Beds

3

Baths

3

Status

For Sale

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.

Mortgage Estimate

Estimated monthly payment

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Estimate only. Taxes, insurance, condo fees, and lender terms are not included.

Rooms

Room Level Dimensions
Foyer Main level 3.58 x 1.14
Kitchen Second level 3.68 x 2.97
Living room Second level 4.52 x 3.43
Living room Main level 3.56 x 3.33
Bathroom Second level 2.56 x 1.57
Bedroom Second level 3.91 x 4.52
Bedroom 2 Third level 4.52 x 5.84
Dining room Main level 4.47 x 3.68
Kitchen Main level 3.45 x 4.42
Bathroom Main level 0.99 x 1.91
Mud room Main level 2.31 x 2.92
Bedroom Lower level 3.45 x 4.27
Recreational, Games room Lower level 4.27 x 2.79
Laundry room Lower level 4.83 x 2.69
Bathroom Lower level 1.47 x 2.24

Facts & Location

Lot Size

19.1 x 110 FT

Annual Taxes

$4,396

Map Location

Listing data

Listing information is provided for personal, non-commercial use and should be independently verified before making real estate decisions.

Last refreshed: Jul 1, 2026 7:40 AM

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