1383 Lansdowne Avenue
Corso Italia-Davenport, Toronto, M6H 3Z9
FOR SALE
$1,098,000
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3
BEDROOMS 3
BATHROOMS 2
KITCHENS 8 + 2
ROOMS W13037972
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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, 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.
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Property Features
Library, Park, Place Of Worship, Public Transit, Rec./Commun.Centre, Fenced Yard, Water Heater, None
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Property Details
Address
1383 Lansdowne Avenue
Community
City
Postal Code
M6H 3Z9
Property Type
Semi-Detached , Semi-Detached
Lot Size
19' x 110'
Taxes
$4,396 (2025
Basement
Finished with Walk-Out
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Garage Type
None
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Listing contracted with Chestnut Park Real Estate Limited
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