$1,088,000
FOR SALE

Detached 1 1/2 Storey

Bedrooms: 4Bathrooms: 3Lot: 25 x 118.51 ft
2025 Taxes: $5,150

39 Lanark Ave
Toronto, ON M6C 2B5 | Oakwood Village

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.
Extras
Carpet Free
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Listed By RE/MAX HALLMARK REALTY LTD.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number C13058744
Last Updated May 24, 2026
Property Summary
Property Type Detached

More like this:
PIN 104510079
Legal Description PT LT 69 PL 1687 TWP OF YORK AS IN CY559107; T/W & S/T CY559107; TORONTO (YORK) , CITY OF TORONTO
Possession Date Immediate
Taxes (2025) $5,150
Directions/Cross Streets Allen Rd & Eglinton Ave W
Neighbourhood Oakwood Village
Area Toronto
Price History

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Detailed Information
Fronting On South
Special Designations Unknown
Bedrooms 4
Bathrooms 3
Lot 25 x 118.51 ft
Exterior Brick
Air Conditioning None
Fireplace/Stove Y
Basement Unfinished, Separate Entrance
Garage Type Detached
Garage/Park Spaces Y
Heat Source Gas
Heat Type Radiant
Sewers Sewer

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