Property Description

Welcome to 1383 Lansdowne Avenue! This well-maintained, turnkey semi-detached home offers two units, providing an excellent opportunity for investors and end-users alike. The vacant upper unit features 2 bedrooms and 1 bathroom, while the spacious main floor and lower-level unit offers 1 bedroom and 2 bathrooms, currently leased for $2,500 per month. Significant improvements add comfort, functionality, and long-term value, including upgraded 200-amp electrical service, exterior basement waterproofing along three walls, a sump pump and backwater valve, and new basement flooring. Additional updates include a furnace (2019, owned), A/C (2022), upgraded windows (2016, excluding basement and third floor), and insulation and soundproofing in the basement ceiling. Both units offer the convenience of in-unit laundry. Ideal for investors seeking rental income or end-users who want the flexibility to live in one unit while renting the other, with the option to convert back to a single-family home. A versatile opportunity in a convenient, central Toronto location! Enjoy easy access to the shops, cafés, and restaurants along St. Clair Avenue, a short walk to Earlscourt Park, and convenient TTC connections. Street parking permits are available through the City of Toronto. (id:7434)