1383 LANSDOWNE AVENUE

Toronto (Corso Italia-Davenport), , M6H3Z9, Canada

$1,098,000

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.

EXTRAS: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Window Coverings, Water Heater

Last updated on : Thursday 23rd of April 2026 07:20:49 PM

ADDRESS

Street : 1383 LANSDOWNE AVENUE

City : Toronto (Corso Italia-Davenport)

Country : Canada

Postal Code : M6H3Z9

Open in Google Map

PROPERTY SUMMARY

Property ID : W13037972

Building Type : House

Property Type : Single Family

Bedrooms : 2 + 1

Bathrooms : 3 + 1

Parking Type: No Garage

Similar Properties

Single Family

1281 OXFORD STREET

Oshawa (Lakeview), Ontario, L1J3W5

$665,000

Beds: 2Baths: 2

property Type: House

type: Sale

STUART DOUGLAS G SMITH
3 weeks ago

DETAILS

Single Family

191 ALDERBRAE AVENUE

Toronto (Alderwood), Ontario, M8W4K4

$959,988

Beds: 2Baths: 2

property Type: House

type: Sale

KRISTOFFER NIRO
3 weeks ago

DETAILS

Single Family

136 GLENARIFF DRIVE

Hamilton, Ontario, L8B1A5

$529,900

Beds: 2Baths: 2

property Type: House

type: Sale

DREW WOOLCOTT
2 weeks ago

DETAILS

Single Family

31 O'DELL LANE

Georgina (Historic Lakeshore Communities), Ontario, L0E1S0

$719,900

Beds: 2Baths: 1

property Type: House

type: Sale

LUKE WOUD
1 hour ago

DETAILS

Single Family

16 ACCURSI CRESCENT

Pelham (Fonthill), Ontario, L0S1E2

$799,900

Beds: 2Baths: 2

property Type: Row / Townhouse

type: Sale

Rana El Saharty
1 week ago

DETAILS

Inquire about this property