Description
***MOTIVATED SELLER! *** 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. All PERMIT Documents are available upon request.
Additional Details
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- MLS®
- C13537856
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- Community
- Oakwood Village
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- Lot Size
- 25 X 118.51 Feet
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- Lot Irregularities
- Lot Size Source is from previous listing
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- Living Area
- 1100-1500
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- Building Type
- Detached
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- Building Style
- 1 1/2 Storey
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- Taxes
- $5150 (2025)
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- Garage Space
- 2
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- Garage Type
- Detached
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- Cooling
- None
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- Heating
- Gas
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- Kitchen
- 1
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- Basement
- Unfinished, Separate Entrance
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- Occupant Type
- Vacant
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- Pool
- None
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- Listing Brokerage
- RE/MAX HALLMARK REALTY LTD.
Property Rooms
| Room Level | Room Type | Room Width | Room Length | Room Area | Room Dimensions | Room Desc |
|---|---|---|---|---|---|---|
| Main | Living Room | 4.04 | 3.63 | -- | -- | -- |
| Ground | Kitchen | 3.13 | 5.29 | -- | -- | -- |
| Ground | Bedroom | 3.21 | 3.48 | -- | -- | -- |
| Second | Bedroom 2 | 3.5 | 3.52 | -- | -- | -- |
| Second | Bedroom 3 | 3.15 | 3.62 | -- | -- | -- |
| Second | Bedroom 4 | 3.07 | 5.3 | -- | -- | -- |
