Amy
Mohamed
Learie
1383 Lansdowne Avenue - $1,098,000
1383 Lansdowne Avenue - $1,098,000
1383 Lansdowne Avenue
$1,098,000
Corso Italia-Davenport
Toronto Corso Italia Davenport, OntarioM6H3Z9
3 beds
3 baths
0 parking
MLS#: W13037972Listed: about 1 month agoUpdated:about 1 month ago
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. (id:63050)Details
Details for 1383 Lansdowne Avenue, Toronto Corso Italia Davenport, Ontario- Property Type
- Single Family
- Building Type
- House
- Storeys
- 2.5
- Neighborhood
- Corso Italia-Davenport
- Land Size
- 19.1 x 110 FT
- Year Built
- -
- Annual Property Taxes
- $4,396
- Parking Type
- No Garage
Inside
- Appliances
- Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Window Coverings, Water Heater
- Rooms
- 15
- Bedrooms
- 3
- Bathrooms
- 3
- Fireplace
- -
- Fireplace Total
- -
- Basement
- Finished, Walk out, N/A
Building
- Architecture Style
- -
- Direction
- St. Clair Ave W & Lansdowne Ave
- Type of Dwelling
- house
- Roof
- -
- Exterior
- Brick
- Foundation
- Unknown
- Flooring
- Tile, Hardwood, Vinyl
Land
- Sewer
- Sanitary sewer
- Lot Size
- 19.1 x 110 FT
- Zoning
- -
- Zoning Description
- -
Parking
- Features
- No Garage
- Total Parking
- -
Utilities
- Cooling
- Central air conditioning
- Heating
- Forced air, Natural gas
- Water
- Municipal water
Feature Highlights
- Community
- Community Centre
- Lot Features
- -
- Security
- -
- Pool
- -
- Waterfront
- -
Rooms
Rooms for 1383 Lansdowne Avenue, Toronto Corso Italia Davenport, OntarioMap
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