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$999,000

1383 Lansdowne Ave

Toronto, Ontario

1383 Lansdowne Ave photo 1
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Beds

3

Baths

3

Sqft

1,500

Type

Semi-Detached

About this Property

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 Details

MLS #
W14094990
Board
PROPTX
Market
ontario
Property Type
Semi-Detached
Style
2 1/2 Storey
Garage
None
Basement
Fin W/O, Full
Heating
Forced Air
Cooling
Central Air
Pool
None
Lot Size
19.08 × 110 ft
Annual Taxes
$4,473/yr
Listed By
CHESTNUT PARK REAL ESTATE LIMITED
Listed On
October 19, 2026

Features & Extras

Extras

Main floor unit includes stainless steel appliances (fridge, stove, dishwasher, microwave); upper unit includes fridge, stove, hood fan, washer and dryer. All existing electrical light fixtures and all existing window coverings are currently on the property.

Room Measurements

RoomLevelSizeFeatures
FoyerMain1.14 × 3.58 mTile Floor, W/O To Porch
LivingMain3.33 × 3.56 mPot Lights, hardwood floor, Combined W/Dining
DiningMain3.68 × 4.47 mhardwood floor, Bay Window, Combined W/Living
KitchenMain4.42 × 3.45 mTile Floor, Stainless Steel Appl
BathroomMain1.91 × 0.99 m2 Pc Bath, Tile Floor
MudroomMain2.92 × 2.31 mTile Floor, W/O To Yard
BrLower4.27 × 3.45 mWindow, Vinyl Floor, Pot Lights
RecLower2.79 × 4.27 mWindow, Vinyl Floor, Pot Lights
LaundryLower2.69 × 4.83 mLaundry Sink, W/O To Yard, Pot Lights
BathroomLower2.24 × 1.47 m4 Pc Bath, Tile Floor
Kitchen2nd2.97 × 3.68 mModern Kitchen, Quartz Counter, Tile Floor
Living2nd3.43 × 4.52 mhardwood floor, Window, Closet
Bathroom2nd1.57 × 2.56 m4 Pc Bath, Tile Floor, Window
Br2nd4.52 × 3.91 mBay Window, Closet, hardwood floor
2nd Br3rd5.84 × 4.52 mWindow, W/O To Roof

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