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, tenant is leaving July 31st. 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.
81 days
|
14
|
1
|
Zillow last checked:
Listing updated:
Listed by:
CHESTNUT PARK REAL ESTATE LIMITED
Source: TRREB,MLS®#: W13037972Originating MLS®#: Toronto Regional Real Estate Board
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 3
Bedroom
Level: Second
Dimensions: 3.91 x 4.52
Bedroom
Level: Lower
Dimensions: 3.45 x 4.27
Bedroom 2
Level: Third
Dimensions: 4.52 x 5.84
Bathroom
Level: Lower
Dimensions: 1.47 x 2.24
Bathroom
Level: Second
Dimensions: 2.56 x 1.57
Bathroom
Level: Main
Dimensions: 0.99 x 1.91
Dining room
Level: Main
Dimensions: 4.47 x 3.68
Foyer
Level: Main
Dimensions: 3.58 x 1.14
Kitchen
Level: Main
Dimensions: 3.45 x 4.42
Kitchen
Level: Second
Dimensions: 3.68 x 2.97
Laundry
Level: Lower
Dimensions: 4.83 x 2.69
Living room
Level: Main
Dimensions: 3.56 x 3.33
Living room
Level: Second
Dimensions: 4.52 x 3.43
Mud room
Level: Main
Dimensions: 2.31 x 2.92
Recreation
Level: Lower
Dimensions: 4.27 x 2.79
Heating
Forced Air, Gas
Cooling
Central Air
Appliances
Included: Water Heater
Features
Basement: Finished with Walk-Out
Has fireplace: No
Interior area
Living area range: 1500-2000 null
Property
Parking
Parking features: None
Features
Stories: 2.5
Pool features: None
Has view: Yes
View description: City
Lot
Size: 2,098 Square Feet
Features: Library, Park, Place Of Worship, Public Transit, Rec./Commun.Centre, Fenced Yard
Details
Parcel number: 213240085
Construction
Type & style
Home type: SingleFamily
Property subtype: Single Family Residence
Materials
Brick
Foundation: Unknown
Roof: Asphalt Shingle
Utilities & green energy
Sewer: Sewer
Community & HOA
Location
Region: Toronto
Financial & listing details
Annual tax amount: C$4,396
Date on market: 4/23/2026
CHESTNUT PARK REAL ESTATE LIMITED
CHESTNUT PARK REAL ESTATE LIMITED
By pressing Contact Agent, you agree that the real estate professional identified above may call/text you about your search, which may involve use of automated means and pre-recorded/artificial voices. You don't need to consent as a condition of buying any property, goods, or services. Message/data rates may apply. You also agree to our Terms of Use. Zillow does not endorse any real estate professionals. We may share information about your recent and future site activity with your agent to help them understand what you're looking for in a home.