Key Facts
- MLS® #: W13037972
- Property ID: SIRC3279105
- Property Type: Residential, Townhouse
- Lot Size: 2,098.80 sq.ft.
- Year Built: 100
- Bedrooms: 3
- Bathrooms: 3
- Listed By:
- CHESTNUT PARK REAL ESTATE LIMITED
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.
Rooms
- TypeLevelDimensionsFlooring
- FoyerMain3' 8.8" x 11' 8.9"Other
- Living roomMain10' 11.1" x 11' 8.1"Other
- Dining roomMain12' 8.8" x 14' 7.9"Other
- KitchenMain14' 6" x 11' 3.8"Other
- BathroomMain6' 3.1" x 3' 2.9"Other
- Mud RoomMain9' 6.9" x 7' 6.9"Other
- BedroomLower14' 11" x 11' 3.8"Other
- Recreation RoomLower9' 1.8" x 14' 11"Other
- Laundry roomLower8' 9.9" x 15' 10.1"Other
- BathroomLower7' 4.1" x 4' 9.8"Other
- Kitchen2nd floor9' 8.9" x 12' 8.8"Other
- Living room2nd floor11' 3" x 14' 9.9"Other
- Bathroom2nd floor5' 1.8" x 8' 4.7"Other
- Bedroom2nd floor14' 9.9" x 12' 9.9"Other
- Bedroom3rd floor19' 1.9" x 14' 9.9"Other
Listing Agents
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Location
1383 Lansdowne Ave, Toronto, Ontario, M6H 3Z9 Canada
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- Principal and Interest 0
- Property Taxes 0
- Strata / Condo Fees 0

