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$ 999,000
Est. payment /mo
New
39 Lanark AVE Toronto C03, ON M6C 2B5
4 Beds
3 Baths
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1100-1500
Municipality Toronto C03
Subdivision Oakwood Village
MLS Listing ID C13058744
Style 1 1/2 Storey
Bedrooms 4
Annual Tax Amount $5,150
Tax Year 2025
Property Sub-Type Detached
Property Description
An exceptional development opportunity in one of Toronto's rapidly evolving corridors. 39 Lanark Ave comes with approved permits for a substantial addition/extension, allowing for a custom 2-storey residence exceeding 2,600 sq.ft. Above-grade, a rare head start that saves significant time and soft costs for builders and investors. The property also features rear garage access with strong potential for a Garden Suite (1-bedroom), offering an attractive multi-unit income strategy in line with Toronto's intensification trends. Strategically located near Eglinton Crosstown LRT, Allen Road, and major transit routes, this site benefits from excellent connectivity, strong rental demand, and long-term growth upside. Ideal for developers, builders, and savvy investors looking to capitalize on a permit-ready project with expansion and income potential. The existing home also provides interim usability for end-users or holding income. A rare opportunity to build, expand, and maximize value in a high-demand Toronto neighbourhood.
Location
Province ON
County Toronto
Community Toronto C03
Area Toronto
Rooms
Family Room No
Basement Unfinished, Separate Entrance
Kitchen 1
Interior
Interior Features Carpet Free
Cooling None
Fireplace Yes
Heat Source Gas
Exterior
Garage Spaces 2.0
Pool None
Roof Type Shingles
Lot Frontage 25.0
Lot Depth 118.51
Total Parking Spaces 2
Building
Foundation Concrete Block
Others
ParcelsYN No
Listed by RE/MAX HALLMARK REALTY LTD.