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
Address
1262 Lansdowne Avenue
List Price
$1,199,999
MLS® Status
New
Expiration Date
2026-06-03
Property Type
Residential Freehold
Type of Dwelling
Semi-Detached
Style of Home
2 1/2 Storey
Transaction Type
Sale
Area
Toronto W03
Sub-Area
Corso Italia-Davenport
Region
Toronto
Bedrooms
3 + 1
Bedrooms (Total)
4
Rooms Above Grade
7
Rooms Below Grade
5
Bathrooms
3
Floor Area
1100-1500 Sq. Ft.
Lot Size Source
MPAC
Lot Depth
110
Lot Size Units
Feet
Lot Width
19.08
Parcel Number
213240029
Occupant Type
Tenant
Cross Street
St Clair Ave W/Lansdowne Ave
MLS® Number
W12842472
Listing Brokerage
ELEVATE REALTY INC.
Basement Area
Apartment, Separate Entrance, Walk-Up, Finished with Walk-Out, Finished
Postal Code
M6H 3Z8
Posession Details
Flexible
Parking
Lane
Parking Places (Total)
1
Parking Spaces
1
Tax Amount
$4,788.46
Tax Year
2025
Site Influences
Deck, Park, Patio, Paved Yard, Porch, Public Transit, Rec./Commun.Centre, Recreational Area
Exterior Features
Deck, Patio, Paved Yard, Porch, Recreational Area
Interior Features
Accessory Apartment, In-Law Suite, Other, Water Heater, Water Heater Owned
Property Features
Park, Public Transit, Rec./Commun.Centre
Central Vacuum
No
Family Room
No
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
Central Air
Construction Materials
Brick
Direction Faces
West
Fireplace
No
Foundation Details
Unknown
Garage
Yes
Garage Type
Detached
Covered Spaces
1
Kitchens Total
3
Kitchens Above Grade
2
Kitchens Below Grade
1
Pool Features
None
Roof
Asphalt Shingle
Tax Legal Description
PCL 37-3 SEC M329; PT LT 37 W/S LANSDOWNE AV PL M329 TORONTO -- Full Description In Schedule B
View Type
Park/Greenbelt, Skyline
Waterfront
No
Sewer
Sewer
Rooms
| Floor | Type | Dimensions | Features |
|---|---|---|---|
| Main | Kitchen | 4.57 x 3.25 | Eat-in Kitchen, Overlooks Backyard, Window |
| Main | Living Room | 3.02 x 4.19 | Renovated, Vinyl Floor, Window |
| Main | Bedroom | 3.3 x 3.78 | Large Window, Overlooks Frontyard, Vinyl Floor |
| Second | Kitchen | 2.82 x 4.04 | Eat-in Kitchen, Quartz Counter, W/O To Balcony |
| Second | Bedroom | 3.02 x 4.19 | Closet, Vinyl Floor, Window |
| Second | Living Room | 4.67 x 3.25 | Closet, Large Window, Vinyl Floor |
| Third | Bedroom | 3.84 x 4.55 | Large Window, Renovated, Vinyl Floor |
| Basement | Kitchen | 4.01 x 5.33 | Combined w/Living, Quartz Counter, Stainless Steel Appl |
| Basement | Living Room | 4.01 x 5.33 | Combined w/Kitchen, Open Concept, Window |
| Basement | Bedroom | 3 x 3 | Renovated, Vinyl Floor, Window |
| Basement | Den | 3 x 2.39 | Pot Lights, Renovated, Vinyl Floor |
| Basement | Laundry | 2.24 x 1.75 |