$1,199,999
FOR SALE

Semi-Detached 2 1/2 Storey

Bedrooms: 4Bathrooms: 3Lot: 19.08 x 110 ft
2025 Taxes: $4,788.46

1262 Lansdowne Ave
Toronto, ON M6H 3Z8 | Corso Italia-Davenport

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
Extras
Accessory Apartment, In-Law Suite, Other, Water Heater, Water Heater Owned
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Listed By ELEVATE REALTY INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number W12842472
Last Updated Mar 06, 2026
Property Summary
Property Type Semi-Detached

More like this:
PIN 213240029
Legal Description PCL 37-3 SEC M329; PT LT 37 W/S LANSDOWNE AV PL M329 TORONTO -- Full Description In Schedule B
Possession Date Flexible
Taxes (2025) $4,788.46
Directions/Cross Streets St Clair Ave W/Lansdowne Ave
Neighbourhood Corso Italia-Davenport
Area Toronto
Price History

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Detailed Information
Fronting On West
Special Designations Unknown
Bedrooms 4
Bathrooms 3
Lot 19.08 x 110 ft
Exterior Brick
Air Conditioning Central Air
Basement Apartment, Separate Entrance, Walk-Up, Finished with Walk-Out, Finished
Garage Type Detached
Garage/Park Spaces Y
Parking Spaces 1
Heat Source Gas
Heat Type Forced Air
Sewers Sewer

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