$1,088,000
39 Lanark Ave
Toronto C03, ON M6C 2B5
39 Lanark Ave, Toronto C03 — Listed at $1,088,000. 4 bedroom, 3 bathroom 1 1/2 Storey Detached. MLS® C13058744.
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.
Property Details
Listing Courtesy of: RE/MAX HALLMARK REALTY LTD.
MLS® #C13058744
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HouseIndex Take: 39 Lanark Avenue
This detached (1 1/2 Storey) is located in the Oakwood Village neighbourhood of Toronto.
The home offers 4 bedrooms, 3 bathrooms.
Features include a unfinished, separate entrance basement, 2 parking spaces including a 2-car garage, a fireplace.
Additional details: lot dimensions of 25 × 118.51 feet.
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About Toronto Real Estate
This Detached is located in the Oakwood Village community in Toronto. Toronto is Canada's largest city and the economic hub of the Greater Toronto Area. With world-class transit, diverse neighbourhoods from the Annex to Scarborough, and proximity to major employers in the Financial District, it remains the most sought-after real estate market in Ontario. Buyers benefit from extensive GO Transit and TTC subway connectivity. Detached homes in Toronto are in high demand among families seeking space, privacy, and long-term equity growth.