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    For Sale - 1383 Lansdowne Avenue Unit# Main, Toronto, Ontario

    Est payment $4,797/mo
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    Time on Jump  1 days

    AI Summary *

    • Turnkey semi with two units, ideal for income generation.
    • Upper unit is vacant, perfect for owner-occupancy or rental.
    • Main floor unit leased at $2,500/month with long-term tenants.
    • Recent updates include electrical, waterproofing, and insulation for added value.
    • Both units have separate laundry and utilities for convenience.




    Income-generating opportunity at 1383 lansdowne avenue. This well-maintained, turnkey semi offers two units. The upper unit features 2 bedrooms and 1 bathroom, currently vacant. The main floor and lower level comprise 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 services. 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. The basement was renovated with new flooring and drywall, creating additional living space and proper separation between units. Additional updates furnace (2019, owned), a/c (2022), upgraded windows (2016, excluding basement and third floor), 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.
    Listing IDW14094990
    Address1383 Lansdowne Avenue Unit# Main
    CityToronto, Ontario
    Price$999,000
    Bed / Bath3 / 3 Full
    Style2 1/2 Storey, Semi-Detached
    ConstructionBrick
    TypeResidential
    StatusFor Sale

    Subtype Semi-Detached Indoor Features Water HeaterAmenities Park, Public Transit, Place Of Worship, SchoolOwnership FreeholdViews CityBasement Finished with Walk-Out, FullFoundation UnknownHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

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    Listing Brokerage: CHESTNUT PARK REAL ESTATE LIMITED

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    1383 Lansdowne Avenue Unit# Main
    Toronto , Ontario
    3 3 $999,000
    Get more info