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Corso Italia-Davenport · M6H 3Z8
$1,199,999
MLS® #W12842472
4
Bedrooms (3+1)
3
Bathrooms
1100-1500
Sq Ft
About This Property
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
General Information
Building & Mechanicals
Basement
Parking & Garage
Lot & Land
Interior Features
Features
Exterior Features
Pool
Taxes
Rooms
| Room | Level | Dimensions |
|---|---|---|
| Kitchen | Main | 15' × 10' 8" |
| Living Room | Main | 9' 11" × 13' 9" |
| Bedroom | Main | 10' 10" × 12' 5" |
| Kitchen | Second | 9' 3" × 13' 3" |
| Bedroom | Second | 9' 11" × 13' 9" |
| Living Room | Second | 15' 4" × 10' 8" |
| Bedroom | Third | 12' 7" × 14' 11" |
| Kitchen | Basement | 13' 2" × 17' 6" |
| Living Room | Basement | 13' 2" × 17' 6" |
| Bedroom | Basement | 9' 10" × 9' 10" |
| Den | Basement | 9' 10" × 7' 10" |
| Laundry | Basement | 7' 4" × 5' 9" |
Mortgage Calculator
Estimated monthly payment
$5,895
Down payment: $240,000 · Loan: $959,999
Estimate only. Actual rates and payments vary by lender.
Virtual Tour
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Listing courtesy of:
ELEVATE REALTY INC.
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The information provided is for personal, non-commercial use and may not be used for any purpose other than identifying prospective properties consumers may be interested in purchasing. Last updated: Mar 6, 2026.
Measurements, dimensions, and other property details are provided by the listing brokerage and have not been independently verified. Information is deemed reliable but is not guaranteed and should be confirmed by the buyer and their representative.