$1,392,000
$995,000
39.9%For more information regarding the value of a property, please contact us for a free consultation.
1240 Lansdowne AVE Toronto W03, ON M6H 3Z8
4 Beds
3 Baths
Key Details
Sold Price $1,392,000
Property Type Multi-Family
Sub Type Semi-Detached
Listing Status Sold
Purchase Type For Sale
Approx. Sqft 1500-2000
MLS Listing ID W8028100
Sold Date 02/29/24
Style 2 1/2 Storey
Bedrooms 4
Annual Tax Amount $4,284
Tax Year 2023
Property Description
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.
Location
Province ON
County Toronto
Rooms
Family Room No
Basement Unfinished, Separate Entrance
Kitchen 2
Interior
Cooling Central Air
Exterior
Garage Mutual
Garage Spaces 2.0
Pool None
Total Parking Spaces 2
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