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1383 LANSDOWNE AVENUE, Toronto, Ontario

$1,098,000

3 Beds
3 Baths

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. (id:23309)

Listing ID: W13037972
Property Type: Single Family

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Rooms

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

Details

Amenities Nearby: Park, Place of Worship, Public Transit
Community Features: Community Centre
Equipment: Water Heater
Ownership: Freehold
Rental Equipment: Water Heater
Transaction: For sale
View: City view

Building

Appliances: Water Heater, Dishwasher, Dryer, Microwave, Stove, Washer, Window Coverings, Refrigerator
BasementType: N/A (Finished)
Basement Development: Finished
Basement Features: Walk out
Bedrooms Main Level: 3
Construction Style Attachment: Semi-detached
Cooling: Central air conditioning
Exterior Finish: Brick
Fireplace Present: False
Flooring: Tile, Hardwood, Vinyl
Foundation: Unknown
Bathrooms (Half): 1
Bathrooms (Total): 3
Heating: Forced air
Heating Fuel: Natural gas
Size Interior: 1500 - 2000 sqft
Stories Total: 2.5
Type: House
Utility Water: Municipal water

Land

Amenities: Park, Place of Worship, Public Transit
Fence: Fenced yard
Sewer: Sanitary sewer
Size Frontage: 19 ft ,1 in
Size Irregular: 19.1 x 110 FT

Listing provided by CHESTNUT PARK REAL ESTATE LIMITED
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 1383 LANSDOWNE AVENUE in Toronto Ontario. It was last modified on April 23rd, 2026. Contact Tom Linkletter to schedule a viewing or to discover other Toronto homes for sale.

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