1351 Lansdowne Ave
Corso Italia-Davenport, Toronto, M6H 3Z9
FOR SALE
$1,385,000
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3 + 3
BEDROOMS4
BATHROOMS2 + 1
KITCHENS7 + 3
ROOMSW8271022
MLSIDContact Us
Property Description
Rare opportunity to own detached house in Central Toronto, with the flexibility to rent out each of the three floors separately as individual apartments. Every floor can be locked separately. Available for rent either per floor or per room. Amazing opportunity to make around $7500-$8000 per month. High demand for rentals in the area. TTC, close to George Brown, good schools, and Casa Loma. Separated kitchens, washrooms, Coin washer and Coin Dryer as bonus to your income. You can live your own or/and rent out any floor which you prefer. A lot of improvements and renovations. New Fence, Cleaned and upgraded Chimney, A/C, Siding and roof extension, a lot of electrical work. Very clean and well- management by the owner. Parking for 2 cars on the Quite cul-de-sac street with no through traffic. Amazing neighbours! See link: https://vimeo.com/937732526?share=copy
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-03-05 | 2024-03-30 | 25 | $1,469,900 | - | Terminated |
| 2024-03-05 | 2024-03-30 | 25 | $1,469,900 | - | Terminated |
Extras
House free from Tenants. So possession is Flexible.The house has been completely refreshed. Painting indoor and outdoor works have been done, landscaping, kitchen countertops have been replaced, and much more.
Nearby Intersections
Property Features
Fenced Yard, Public Transit, Rec Centre, School
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Lot Size
19' x 103'
Fronting
East
Taxes
$4,910 (2023)
Basement
Finished, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 9.68' x 12.80' | Hardwood Floor, Window |
| Br | Main | 9.84' x 13.12' | Hardwood Floor |
| Kitchen | Main | 10.83' x 14.11' | Ceramic Floor, Window |
| 2nd Br | 2nd | 8.86' x 11.81' | Bay Window |
| 3rd Br | 2nd | 8.20' x 10.83' | Laminate, Closet |
| Kitchen | 2nd | 8.86' x 11.81' | Modern Kitchen, Window |
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Toronto Market Statistics
Toronto Price Trend
1351 Lansdowne Ave is a 3-bedroom 4-bathroom home listed for sale at $1,385,000, which is $55,823 (3.9%) lower than the average sold price of $1,440,823 in the last 30 days (April 6 - May 5). During the last 30 days the average sold price for a 3 bedroom home in Toronto increased by $114,683 (8.6%) compared to the previous 30 day period (March 7 - April 5) and down $14,152 (1.0%) from the same time one year ago.Inventory Change
There were 1,101 3-bedroom homes listed in Toronto over the last 30 days (April 6 - May 5), which is up 42.8% compared with the previous 30 day period (March 7 - April 5) and up 27.3% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Toronto typically sold $82,526 (5.7%) above asking price over the last 30 days (April 6 - May 5), which represents a $6,785 increase compared to the previous 30 day period (March 7 - April 5) and $94,318 less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in Toronto over the last 30 days (April 6 - May 5) stood at 46.7%, down from 87.2% over the previous 30 days (March 7 - April 5) and down from 69.7% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 4-bathroom home in Toronto stood at 11 days when successfully sold over the last 30 days (April 6 - May 5), compared to 35 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Team Realty Inc.
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