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
Three (3) refrigerators, Three (3) ovens, Three (3) range hoods, washer/dryer, all electrical light fixtures, window coverings not belonging to the tenants
Exclusions
All Tenant belongings
Details
Property Features
Park, Public Transit, Rec./Commun.Centre
Bathroom 1
4-Piece Second Level
Bathroom 2
3-Piece Main Level
Bathroom 3
3-Piece Basement Level
Basement
Apartment, Separate Entrance, Walk-Up, Finished with Walk-Out, Finished
Exterior Features
Deck, Patio, Paved Yard, Porch, Recreational Area
Interior Features
Accessory Apartment, In-Law Suite, Other, Water Heater, Water Heater Owned