1383 Lansdowne Avenue

Toronto, ON M6H 3Z9 ( Corso Italia-Davenport)

Quick Facts

Type: Semi-Detached

Style: 2 1/2 Storey

Size: Sq Ft

Age: Years

Taxes: $ 4,396 ( 2025)

Updated: 2026-04-30 15:52:12

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.

Extras

Semi-Detached

Property

Status: For Sale

MLS #: W13037972

Price: $ 1,098,000

Address: 1383 Lansdowne Avenue

Type:

Style: 2 1/2 Storey

Size: Sq Ft

Age: Years

Front On:

Taxes: $ 4,396

Tax Year: 2025

Lot Size:

Neighbourhood: Corso Italia-Davenport

Nearest Intersection: St. Clair Ave W & Lansdowne Ave

City: Toronto

Postal Code: M6H 3Z9

DOM: 5 Days

Last Update: 2026-04-30 15:52:12

Building

Interior

Bedrooms: 3

Bathrooms: 3

Rooms: 0

Kitchens: 2

Family Room:

Fireplace:

Basement: Finished with Walk-Out,

Central Vacuum:

Exterior

Exterior: Brick,

Driveway:

Garage: None

Garage Spaces:

Parking Spaces: 0.00

Pool:

Utilities

Electricity (Hydro):

Gas:

Phone:

Cable TV:

Heat Type: Forced Air

Heat Source: Gas

Air Conditioning: Central Air

Water:

Sewers:

Features

Rooms