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Tony & Ledi Real Estate Team

info@tonyledi.com +1(647) 493-3579

$ 1,199,999

Est. payment | -/mo

4 Beds

3 Baths

Save Virtual Tour

$ 1,199,999

Est. payment | -/mo

Save Virtual Tour

4 Beds

3 Baths

Key Details

Property Type Multi-Family

Sub Type Semi-Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1100-1500

Municipality Toronto W03

Subdivision Corso Italia-Davenport

MLS Listing ID W12842472

Style 2 1/2 Storey

Bedrooms 4

Annual Tax Amount $4,788

Tax Year 2025

Property Sub-Type Semi-Detached

Property Description

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

Location

Province ON

County Toronto

Community Toronto W03

Area Toronto

Rooms

Family Room No

Basement Apartment, Separate Entrance, Walk-Up, Finished with Walk-Out, Finished

Kitchen 3

Separate Den/Office 1

Interior

Interior Features Accessory Apartment, In-Law Suite, Other, Water Heater, Water Heater Owned

Cooling Central Air

Inclusions Three (3) refrigerators, Three (3) ovens, Three (3) range hoods, washer/dryer, all electrical light fixtures, window coverings not belonging to the tenants

Exterior

Exterior Feature Deck, Patio, Paved Yard, Porch, Recreational Area

Parking Features Lane

Garage Spaces 1.0

Pool None

View Park/Greenbelt, Skyline

Roof Type Asphalt Shingle

Lot Frontage 19.08

Lot Depth 110.0

Total Parking Spaces 1

Building

Foundation Unknown

Others

Senior Community Yes

ParcelsYN No

Virtual Tour https://www.houssmax.ca/showMatterport/c7270963/ZjMKXNRRK1Y

Listed by ELEVATE REALTY INC.

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+1(647) 493-3579

info@tonyledi.com

CAN

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1262 Lansdowne AVE Toronto W03, ON M6H 3Z8