1262, Lansdowne, Corso Italia-Davenport, Toronto, Residential Freehold
- 4 beds |
- 3 baths |
- 1100-1500 SQFT
Description
Residential Freehold Semi-Detached For Sale.
Exceptional turnkey investment opportunity at 1262 Lansdowne Ave! This solid 2.5 storey property is thoughtfully divided into three self-contained rental units, generating strong market rents with month-to-month AAA tenants who take pride in their homes. Producing $7,000 in monthly income and $84,000 annually, this is an outstanding opportunity for investors seeking reliable cash flow at approximately a 6% cap rate. Backing directly onto the magnificent Earlscourt Park, this is one of a rare few properties offering unobstructed green space views and immediate access to incredible amenities including two soccer fields (one turf), a baseball diamond, children's playground, outdoor hockey rink, and the JJP Community Centre featuring a pool with water slide, gym, and programming for all ages. A truly unbeatable location. Just steps to the vibrant St. Clair West corridor with its charming cafés, restaurants, shops, and everyday conveniences, this property blends urban lifestyle with park-side tranquility. Extensively updated for peace of mind: complete 200AMP electrical & rewire in 2023, new water tank in 2023, brand new furnace and heat pump system in 2025, and exterior waterproofing completed in 2025. Den in basement is being used as a bedroom. A rare opportunity to secure a strong, fully updated income property in a high-demand neighbourhood. Perfect for investors and house hackers! Turnkey, cash flowing, and backed by a park - investments like this are few and far between. Please reach out for my financial breakdown
Property Features: Park, Public Transit, Rec./Commun.Centre
Interior Features: Accessory Apartment, In-Law Suite, Other, Water Heater, Water Heater Owned
Cross Street: St Clair Ave W/Lansdowne Ave
Direction Faces: West
Key Facts
- Days on: 62 days
- Mls Status: New
- Bedrooms Total: 4
- Bedrooms Below Grade: 1
- Bedrooms Above Grade: 3
- Bathrooms Total Integer: 3
- Lot Width: 19.08
- Kitchens Total: 3
- Parking Total: 1
- Parking Spaces: 1
- Parking Features: Lane
- Garage Type: Detached
- Heat Source: Gas
- Heat Type: Forced Air
- Cooling: Central Air
- Living Area Range: 1100-1500 Square Feet
Location 1262, Lansdowne, Corso Italia-Davenport, Toronto
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