Toronto W03 M6H 3Z8 Ontario
MLS: W12842472
Added 2 hours ago | For Sale
Listed by: ELEVATE REALTY INC.
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
| Level | Type | Features | Dimensions |
|---|---|---|---|
| Main | Kitchen | Eat-in Kitchen, Overlooks Backyard, Window | 15 ft x 10 ft, 8 in |
| Living Room | Window, Vinyl Floor, Renovated | 9 ft, 11 in x 13 ft, 9 in | |
| Bedroom | Large Window, Overlooks Frontyard, Vinyl Floor | 10 ft, 10 in x 12 ft, 5 in | |
| Second | Kitchen | Eat-in Kitchen, Quartz Counter, W/O To Balcony | 9 ft, 3 in x 13 ft, 3 in |
| Bedroom | Window, Closet, Vinyl Floor | 9 ft, 11 in x 13 ft, 9 in | |
| Living Room | Large Window, Closet, Vinyl Floor | 15 ft, 4 in x 10 ft, 8 in | |
| Third | Bedroom | Large Window, Renovated, Vinyl Floor | 12 ft, 7 in x 14 ft, 11 in |
| Basement | Kitchen | Quartz Counter, Stainless Steel Appl, Combined w/Living | 13 ft, 2 in x 17 ft, 6 in |
| Living Room | Open Concept, Window, Combined w/Kitchen | 13 ft, 2 in x 17 ft, 6 in | |
| Bedroom | Window, Vinyl Floor, Renovated | 9 ft, 10 in x 9 ft, 10 in | |
| Den | Vinyl Floor, Renovated, Pot Lights | 9 ft, 10 in x 7 ft, 10 in | |
| Laundry | 7 ft, 4 in x 5 ft, 9 in |
No property rooms available.
