MLS#: C13058744Listed: about 1 month agoUpdated:11 days ago
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. (id:63050)
Details
Details for 39 Lanark Avenue, Toronto Oakwood Village, Ontario
Property Type
Single Family
Building Type
House
Storeys
1.5
Neighborhood
Oakwood Village
Land Size
25 x 118.5 FT ; Lot Size Source is from previous listing
Year Built
-
Annual Property Taxes
$5,150
Parking Type
Detached Garage, Garage
Inside
Appliances
Window Coverings
Rooms
6
Bedrooms
4
Bathrooms
3
Fireplace
-
Fireplace Total
1
Basement
Unfinished, Separate entrance, N/A, N/A
Building
Architecture Style
-
Direction
Cross Streets: Allen Rd & Eglinton Ave W. ** Directions: Alameda Ave & Eglinton Ave W.
Type of Dwelling
house
Roof
-
Exterior
Brick
Foundation
Block
Flooring
-
Land
Sewer
Sanitary sewer
Lot Size
25 x 118.5 FT ; Lot Size Source is from previous listing
Zoning
-
Zoning Description
-
Parking
Features
Detached Garage, Garage
Total Parking
2
Utilities
Cooling
None
Heating
Radiant heat, Natural gas
Water
Municipal water
Feature Highlights
Community
-
Lot Features
Carpet Free
Security
-
Pool
-
Waterfront
-
Rooms
Rooms for 39 Lanark Avenue, Toronto Oakwood Village, Ontario