1262 Lansdowne Avenue
Toronto (Corso Italia-Davenport), ON M6H 3Z8
- 3+1Bedrooms
- 3Bathrooms
- 1Garage
- 1100–1500Sq Ft
- $4,788Tax
- 19×110 ftLot Size
Estimated Value:$1,012,583See Free Estimate Report
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About 1262 Lansdowne Avenue, Toronto, Corso Italia-Davenport
Summarized Description
- Exceptional turnkey investment with three rental units.
- Generates $7,000 monthly income, 6.4% cap rate.
- Unobstructed views of Earlscourt Park.
- Extensively updated with new electrical and furnace.
- Located near vibrant St.
- Clair West amenities.
- High-demand neighborhood, perfect for investors.
- Den in basement currently used as bedroom.
- Turnkey and cash flowing property.
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 6.4% 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. Basement Tenant vacating at the end of June. Please reach out for my financial breakdown.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $4,788
- Land Transfer Tax Fee
- $36,950
- Basement Type
- Apartment, Separate Entrance, Walk-Up, Finished with Walk-Out, Finished
Interior Features
- Laundry Level
- Lower Level
- Interior Extras
- Accessory Apartment, In-Law Suite, Other, Water Heater, Water Heater Owned
- View
- Park/Greenbelt, Skyline
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Exterior Extras
- Deck, Patio, Paved Yard, Porch, Recreational Area
- Pool
- None
- Property Features
- Park, Public Transit, Rec./Commun.Centre
Building
- Building Type
- Semi-Detached
- Building Style
- 2 1/2 Storey
Construction
- Exterior Finish
- Brick
- Roof
- Asphalt Shingle
- Foundation Details
- Unknown
- Special Designation
- Unknown
Lot
- Lot Front
- 19.08 ft
- Lot Depth
- 110.00 ft
Inclusions
- Inclusions
- Three (3) refrigerators, Three (3) ovens, Three (3) range hoods, washer/dryer, all electrical light fixtures, window coverings not belonging to the tenants
Exclusions
- Exclusions
- All tenant belongings
Parking & Garages
- Garage Type
- Detached
- Garage Spaces
- 1
- Parking Spaces
- 1
- Total Garage And Parking Spaces
- 1
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 3 + 1
- Washrooms
- 3
- Kitchens
- 3
Room sizes
- Kitchen—Main level, Eat-in Kitchen, Overlooks Backyard, Window
- Living Room—Main level, Window, Vinyl Floor, Renovated
- Bedroom—Main level, Large Window, Overlooks Frontyard, Vinyl Floor
- Kitchen—Second level, Eat-in Kitchen, Quartz Counter, W/O To Balcony
- Bedroom—Second level, Window, Closet, Vinyl Floor
- Living Room—Second level, Large Window, Closet, Vinyl Floor
- Bedroom—Third level, Large Window, Renovated, Vinyl Floor
- Kitchen—Basement level, Quartz Counter, Stainless Steel Appl, Combined w/Living
- Living Room—Basement level, Open Concept, Window, Combined w/Kitchen
- Bedroom—Basement level, Window, Vinyl Floor, Renovated
- Den—Basement level, Vinyl Floor, Renovated, Pot Lights
- Laundry—Basement level
Washrooms
- 4-piece, Second
- 3-piece, Main
- 3-piece, Basement
- Municipality
- Toronto
- Neighbourhood
- Corso Italia-Davenport
- Main cross streets
- St Clair Ave W/Lansdowne Ave
- Directions
- St Clair Ave W/Lansdowne Ave, Backing Onto Earlscourt Park
- MLS® number
- W13414382
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-06-17
- Listed on
- 2026-06-08
- Days on market
- 9 days
- Possession type
- Flexible
- Co-op commission
- 2.5% + HST
- Seller
- Listed by
- ELEVATE REALTY INC.
Home Market Value
Current home valuation for 1262 Lansdowne Avenue, Toronto, Corso Italia-Davenport, Toronto, ON. Listed for $1,099,999
HOMEH Estimate
$1,012,583
Estimated Sales Range
$708,808 - $1,316,358
HOMEH Estimate for 1262 Lansdowne Avenue, Toronto, Corso Italia-Davenport
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $599,999 over $500K
$85,000
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $40,568 | $30,690 | $26,180 | $0 |
=Total mortgage | $1,054,767 | $1,020,689 | $961,179 | $879,999 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $5,150monthly | $4,984monthly | $4,693monthly | $4,297monthly |
Land Transfer Tax
$18,475
$18,475
$36,950
Around this home
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