1262 Lansdowne Avenue
Corso Italia-Davenport, Toronto, M6H 3Z8
For Sale
12.88 BTC

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3 + 1
BEDROOMS3
BATHROOMS2 + 1
KITCHENS7 + 5
ROOMSW12842472
MLSIDContact Us
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
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Nearby Intersections
Property Features
Park, Public Transit, Rec./Commun.Centre, Accessory Apartment, In-Law Suite, Other, Water Heater, Water Heater Owned, Lane
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Property Details
Property Type
Semi-Detached
Lot Size
19' x 110'
Taxes
$4,788 (2025)
Basement
Apartment, Separate Entrance, Walk-Up, Finished with Walk-Out, Finished
Exterior
Deck, Patio, Paved Yard, Porch, Recreational Area
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
1
Garage Type
Detached
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Listing contracted with Elevate Realty Inc.
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