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Listed by Sutton Group-Associates Realty Inc..
1240 Lansdowne Avenue is a Semi-Detached, 2 1/2 Storey and is currently for Sale @ $995,000. Taxes in 2023 were $4,284.14.
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Seize this opportunity to own a versatile property that appeals to a wide range of buyers. The 2 1/2 Storey on 1240 Lansdowne Avenue has 4 bedrooms, 3 bathrooms, and is located on a 110.00 x 21.25 ft lot in the community of Corso Italia-Davenport . This semi-detached, 2.5-storey home is a promising investment offering significant growth potential, appealing to tenants for its prime location. Ideal for multi-generational living, shared housing, or a condo alternative. Live in one unit and rent out the other to pay the mortgage. Potential combined rental income $6400 per/mo. Alternatively, transform this spacious property into a single-family home. Brand new and thoughtful renovations while maintaining original features and charm. Walk Out From Kitchen To Backyard & Garage. Basement with walk-out could be developed into a third rental unit or connected to main floor from existing interior stair. Mutual drive leads to detached garage currently used as a shed, with potential to create access from the laneway. West-facing backyard overlooks Earlscourt Park. TTC outside your front door. Stellar home inspection. Some rooms virtually staged.
Double-brick common wall, superior sound/fire insulation, water main upgraded to 1". 200 Amp service. Fabulous Earlscourt Park in your backyard. Steps To Schools. Walking distance to St. Clair shopping and restos.
The address 1240 Lansdowne Avenue was listed for sale (MLS# W8028100) on Monday, January 29, 2024.
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21.25 x 110.00 ft lot
