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
Apartment, Separate Entrance, Walk-Up, Finished with Walk-Out, Finished
Fireplace/Stove:
No
Garage:
Detached
Garage Spaces:
1.0
Parking Features:
Lane
Parking Spaces:
1
Total Parking Spaces:
1.0
Family Room:
No
Possession Details:
Flexible
Pool:
None
HST Applicable To Sale Price:
In Addition To, Not Subject to HST
Taxes:
$4,788.46 /
2025
Assessment:
$- /
-
Toronto
Toronto W03
Corso Italia-Davenport
Park, Public Transit, Rec./Commun.Centre
Accessory Apartment, In-Law Suite, Other, Water Heater, Water Heater Owned
Deck, Patio, Paved Yard, Porch, Recreational Area
Three (3) refrigerators, Three (3) ovens, Three (3) range hoods, washer/dryer, all electrical light fixtures, window coverings not belonging to the tenants
Data was last updated March 25, 2026 at 04:15 AM (UTC)
Area Statistics
Listings on market:
30
Avg list price:
$994,000
Min list price:
$636,000
Max list price:
$1,499,900
Avg days on market:
20
Min days on market:
1
Max days on market:
286
These statistics are generated based on the current listing's property type
and located in
Toronto W03. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.