Property Detail

Description

 Price: $ 1,199,999.00 MLS^®: W12842472         Location : 1262 Lansdowne Avenue, Toronto W03, ON M6H 3Z8

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 Description

St Clair Ave W/Lansdowne Ave

Property Details

• Community: Corso Italia-Davenport
• Property Type: Tenant/Residential Freehold
• Bedrooms: 4
• Bath: 3
• Garages: Detached

Building Features

• Foundation Type: Unknown
• Construction Material: Brick
• Total Parking Space: 1

Features

• Heating: Forced Air Gas
• Sewer: Sewer ,

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