Jag Patel
Broker
$1,199,999
Available - For Sale
Listing ID: W12842472
1262 Lansdowne Avenue , Toronto, M6H 3Z8, Toronto
| 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 |
| Price | $1,199,999 |
| Taxes: | $4788.46 |
| Occupancy: | Tenant |
| Address: | 1262 Lansdowne Avenue , Toronto, M6H 3Z8, Toronto |
| Directions/Cross Streets: | St Clair Ave W/Lansdowne Ave |
| Rooms: | 7 |
| Rooms +: | 5 |
| Bedrooms: | 3 |
| Bedrooms +: | 1 |
| Family Room: | F |
| Basement: | Apartment, Separate Ent |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Main | Kitchen | 14.99 | 10.66 | Eat-in Kitchen, Overlooks Backyard, Window |
| Room 2 | Main | Living Ro | 9.91 | 13.74 | Window, Vinyl Floor, Renovated |
| Room 3 | Main | Bedroom | 10.82 | 12.4 | Large Window, Overlooks Frontyard, Vinyl Floor |
| Room 4 | Second | Kitchen | 9.25 | 13.25 | Eat-in Kitchen, Quartz Counter, W/O To Balcony |
| Room 5 | Second | Bedroom | 9.91 | 13.74 | Window, Closet, Vinyl Floor |
| Room 6 | Second | Living Ro | 15.32 | 10.66 | Large Window, Closet, Vinyl Floor |
| Room 7 | Third | Bedroom | 12.6 | 14.92 | Large Window, Renovated, Vinyl Floor |
| Room 8 | Basement | Kitchen | 13.15 | 17.48 | Quartz Counter, Stainless Steel Appl, Combined w/Living |
| Room 9 | Basement | Living Ro | 13.15 | 17.48 | Open Concept, Window, Combined w/Kitchen |
| Room 10 | Basement | Bedroom | 9.84 | 9.84 | Window, Vinyl Floor, Renovated |
| Room 11 | Basement | Den | 9.84 | 7.84 | Vinyl Floor, Renovated, Pot Lights |
| Room 12 | Basement | Laundry | 7.35 | 5.74 |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 4 | Second |
| Washroom Type 2 | 3 | Main |
| Washroom Type 3 | 3 | Basement |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Total Area: | 0.00 |
| Property Type: | Semi-Detached |
| Style: | 2 1/2 Storey |
| Exterior: | Brick |
| Garage Type: | Detached |
| (Parking/)Drive: | Lane |
| Drive Parking Spaces: | 1 |
| Park #1 | |
| Parking Type: | Lane |
| Park #2 | |
| Parking Type: | Lane |
| Pool: | None |
| Approximatly Square Footage: | 1100-1500 |
| Property Features: | Park, Public Transit |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Forced Air |
| Central Air Conditioning: | Central Air |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
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Years
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| ELEVATE REALTY INC. |
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Jag Patel
Broker
Dir:
416-671-5246
Bus:
416-289-3000
Fax:
416-289-3008
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At a Glance:
| Type: | Freehold - Semi-Detached |
| Area: | Toronto |
| Municipality: | Toronto W03 |
| Neighbourhood: | Corso Italia-Davenport |
| Style: | 2 1/2 Storey |
| Tax: | $4,788.46 |
| Beds: | 3+1 |
| Baths: | 3 |
| Fireplace: | N |
| Pool: | None |
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