Type: Detached
Style: 1 1/2 Storey
Size: Sq Ft
Age: Years
Taxes: $ 5,150 ( 2025)
Updated: 2026-05-25 02:48:04
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.
Detached
Status: For Sale
MLS #: C13058744
Price: $ 1,088,000
Address: 39 Lanark Avenue
Type:
Style: 1 1/2 Storey
Size: Sq Ft
Age: Years
Front On:
Taxes: $ 5,150
Tax Year: 2025
Lot Size:
Neighbourhood: Oakwood Village
Nearest Intersection: Allen Rd & Eglinton Ave W
City: Toronto
Postal Code: M6C 2B5
DOM: 13 Days
Last Update: 2026-05-25 02:48:04
Bedrooms: 4
Bathrooms: 3
Rooms: 0
Kitchens: 1
Family Room:
Fireplace:
Basement: Unfinished Separate Entrance,
Central Vacuum:
Exterior: Brick,
Driveway:
Garage:
Garage Spaces:
Parking Spaces: 2.00
Pool:
Electricity (Hydro):
Gas:
Phone:
Cable TV:
Heat Type: Radiant
Heat Source: Gas
Air Conditioning: None
Water:
Sewers: