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539 LANSDOWNE AVENUE, Toronto (Dufferin Grove) — listed at $959,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
Outstanding opportunity for builders, developers, investors, renovators and contractors in Toronto's sought-after Dufferin Grove neighbourhood. Situated on a generous 20 x 140 ft lot, this detached property offers exceptional value-add potential for renovation, customization, conversion, expansion or possible redevelopment. Featuring three separate entrances, two kitchens, a finished basement with a separate walkout, and a rough-in for a third kitchen on the second floor, the property presents excellent live-and-rent, multi-generational and income-property possibilities. A detached garage and additional parking pad add further value. Ideally located steps from transit and within walking distance of Lansdowne Subway Station, schools, parks, shops, cafés and restaurants, with convenient access to Bloor Street, College Street and downtown Toronto. A rare opportunity to renovate, reconfigure or build your vision in a neighbourhood experiencing continued growth and investment. (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Laundry room | Basement | 1.2 x 2 meters |
| Dining room | Ground level | 3.4 x 3.6 meters |
| Living room | Ground level | 4.8 x 2.9 meters |
| Bedroom | Second level | 2.9 x 3.12 meters |
| Bedroom 2 | Second level | 4.72 x 3 meters |
| Bedroom 3 | Second level | 4.65 x 2.47 meters |
| Bedroom 4 | Third level | 5.8 x 3.18 meters |
| Bedroom | Basement | 2.45 x 4.32 meters |
| Bedroom | Basement | 2.46 x 3.02 meters |
| Kitchen | Basement | 3.41 x 4.54 meters |
Is 539 LANSDOWNE AVENUE a good fit for a growing family?+
With 6 bedrooms and 2 bathrooms, there's room for kids plus a guest room or home office. The 2.5-storey layout keeps living and sleeping areas separated.
Does it have a basement, and is it finished?+
Yes — Finished, Separate entrance, N/A, N/A. A finished basement adds meaningful living space beyond the listed square footage.
Is there air conditioning?+
Yes — window air conditioner cooling is in place.
How is the space laid out across floors?+
This is a 2.5-storey single family. The 6 bedrooms and 2 bathrooms are typically split with living areas on the main floor and bedrooms above — confirm the exact layout during a showing.
Could this work as an investment property?+
The basement description mentions: Finished, Separate entrance, N/A, N/A. If it has a separate entrance, there may be rental income potential — but verify zoning and whether a legal second unit is permitted in Toronto (Dufferin Grove) before counting on it.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $5,927, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
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