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:61852)
| MLS® Number | C13058744 |
| Property Type | Single Family |
| Neigbourhood | Oakwood Village |
| Community Name | Oakwood Village |
| EquipmentType | Water Heater |
| Features | Carpet Free |
| ParkingSpaceTotal | 2 |
| RentalEquipmentType | Water Heater |
| BathroomTotal | 3 |
| BedroomsAboveGround | 4 |
| BedroomsTotal | 4 |
| Appliances | Window Coverings |
| BasementDevelopment | Unfinished |
| BasementFeatures | Separate Entrance |
| BasementType | N/a (unfinished), N/a |
| ConstructionStyleAttachment | Detached |
| CoolingType | None |
| ExteriorFinish | Brick |
| FireplacePresent | Yes |
| FireplaceTotal | 1 |
| FoundationType | Block |
| HeatingFuel | Natural Gas |
| HeatingType | Radiant Heat |
| StoriesTotal | 2 |
| SizeInterior | 1100 - 1500 Sqft |
| Type | House |
| UtilityWater | Municipal Water |
| Detached Garage | |
| Garage |
| Acreage | No |
| Sewer | Sanitary Sewer |
| SizeDepth | 118 Ft ,6 In |
| SizeFrontage | 25 Ft |
| SizeIrregular | 25 X 118.5 Ft ; Lot Size Source Is From Previous Listing |
| SizeTotalText | 25 X 118.5 Ft ; Lot Size Source Is From Previous Listing |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Bedroom 2 | 3.52 m | 3.5 m | 3.52 m x 3.5 m |
| Second Level | Bedroom 3 | 3.62 m | 3.15 m | 3.62 m x 3.15 m |
| Second Level | Bedroom 4 | 5.3 m | 3.07 m | 5.3 m x 3.07 m |
| Main Level | Living Room | 3.63 m | 4.04 m | 3.63 m x 4.04 m |
| Ground Level | Kitchen | 5.29 m | 3.13 m | 5.29 m x 3.13 m |
| Ground Level | Bedroom | 3.48 m | 3.21 m | 3.48 m x 3.21 m |
https://www.realtor.ca/real-estate/29673099/39-lanark-avenue-toronto-oakwood-village-oakwood-village
Contact us for more information
Mohammad Nasrkhani
Broker