50 Lanark Avenue

Toronto, ON M6C 2B4 ( Humewood-Cedarvale)

Quick Facts

Type: Triplex

Style: 3-Storey

Size: Sq Ft

Age: Years

Taxes: $ 10,195 ( 2025)

Updated: 2026-03-11 15:47:35

Description

Newly constructed, fully tenanted custom 3-unit property with primary home, legal lower suite and rear coach house. Rare unit mix with 4-bedroom Main House, 3-Bedroom Coach house and 2-bedroom lower suite (no 1-bedroom units) attracts long-term stable tenants. Net operating income of $110k (see financials). The proximity to Cedarvale Park, Leo Baeck Day School and newly opened Eglinton Crosstown drives rental demand. Because of the unique separation between the primary home and lower suite/coach house, buyers can choose to live in the private primary home while earning substantial income from lower suite/coach house. The units are thoughtfully designed to provide privacy/separation to all tenants (most other multiplexes have stacked units). New construction equals very low maintenance costs/upkeep. Option for a VTB of up to $500k with competitive terms. Mirror image neighbour property at 50B Lanark Ave also available for those looking for a fully tenanted 6-unit income property earning $220k in NOI.

Extras

Triplex

Property

Status: For Sale

MLS #: C12871122

Price: $ 1,999,000

Address: 50 Lanark Avenue

Type:

Style: 3-Storey

Size: Sq Ft

Age: Years

Front On:

Taxes: $ 10,195

Tax Year: 2025

Lot Size:

Neighbourhood: Humewood-Cedarvale

Nearest Intersection: Oakwood Ave & Eglinton Ave W

City: Toronto

Postal Code: M6C 2B4

DOM: 6 Days

Last Update: 2026-03-11 15:47:35

 

Building

Interior

Bedrooms: 9

Bathrooms: 5

Rooms: 0

Kitchens: 3

Family Room:

Fireplace:

Basement: Separate Entrance Apartment,

Central Vacuum:

 

Exterior

Exterior: Brick Front,

Driveway:

Garage: Lane

Garage Spaces:

Parking Spaces: 1.00

Pool:

 

Utilities

Electricity (Hydro):

Gas:

Phone:

Cable TV:

Heat Type: Forced Air

Heat Source: Gas

Air Conditioning: Central Air

Water:

Sewers:

 

Features

 

Rooms