Seize this opportunity to own a versatile property that appeals to a wide range of buyers. 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.
Property Features
- Date Listed: Monday, January 29, 2024
- Virtual Tour: View Virtual Tour for 1240 Lansdowne Avenue
- City: Toronto
- Neighborhood: Corso Italia-Davenport
- Major Intersection: Lansdowne Ave & St. Clair West
- Living Room: Coffered Ceiling, Large Window, Ceiling Fan
- Kitchen: Family Size Kitchen, Walk-Out, Stainless Steel Appl
- Living Room: Brick Fireplace, Bay Window, Hardwood Floor
- Kitchen: Combined W/Dining, Double Sink, Window
- Listing Brokerage: Sutton Group-Associates Realty Inc. - Disclaimer: The information contained in this listing has not been verified by Sutton Group-Associates Realty Inc. and should be verified by the buyer.