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1383 LANSDOWNE AVENUE, Toronto (Corso Italia-Davenport) — listed at $999,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
Welcome to 1383 Lansdowne Avenue! This well-maintained, turnkey semi-detached home offers two units, providing an excellent opportunity for investors and end-users alike. The vacant upper unit features 2 bedrooms and 1 bathroom, while the spacious main floor and lower-level unit offers 1 bedroom and 2 bathrooms, currently leased for $2,500 per month. Significant improvements add comfort, functionality, and long-term value, including upgraded 200-amp electrical service, exterior basement waterproofing along three walls, a sump pump and backwater valve, and new basement flooring. Additional updates include a furnace (2019, owned), A/C (2022), upgraded windows (2016, excluding basement and third floor), and insulation and soundproofing in the basement ceiling. Both units offer the convenience of in-unit laundry. Ideal for investors seeking rental income or end-users who want the flexibility to live in one unit while renting the other, with the option to convert back to a single-family home. A versatile opportunity in a convenient, central Toronto location! Enjoy easy access to the shops, cafés, and restaurants along St. Clair Avenue, a short walk to Earlscourt Park, and convenient TTC connections. Street parking permits are available through the City of Toronto. (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Foyer | Main level | 3.58 x 1.14 meters |
| Kitchen | Second level | 3.68 x 2.97 meters |
| Living room | Second level | 4.52 x 3.43 meters |
| Bathroom | Second level | 2.56 x 1.57 meters |
| Bedroom | Second level | 3.91 x 4.52 meters |
| Bedroom 2 | Third level | 4.52 x 5.84 meters |
| Living room | Main level | 3.56 x 3.33 meters |
| Dining room | Main level | 4.47 x 3.68 meters |
| Kitchen | Main level | 3.45 x 4.42 meters |
| Bathroom | Main level | 0.99 x 1.91 meters |
| Mud room | Main level | 2.31 x 2.92 meters |
| Bedroom | Lower level | 3.45 x 4.27 meters |
| Recreational, Games room | Lower level | 4.27 x 2.79 meters |
| Laundry room | Lower level | 4.83 x 2.69 meters |
| Bathroom | Lower level | 1.47 x 2.24 meters |
What's the parking situation?+
This property includes 0 spaces — No Garage, Street.
Is there air conditioning?+
Yes — central air conditioning cooling is in place.
How is the space laid out across floors?+
This is a 2.5-storey single family. The 3 bedrooms and 3 bathrooms are typically split with living areas on the main floor and bedrooms above — confirm the exact layout during a showing.
Does it have a basement, and is it finished?+
Yes — Finished, Full, Walk out. A finished basement adds meaningful living space beyond the listed square footage.
How is the home heated? Is it efficient?+
Heating is forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $4,473.42, 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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