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:15069)
| MLS® Number | C13058744 |
| Property Type | Single Family |
| Neigbourhood | Oakwood Village |
| Community Name | Oakwood Village |
| Equipment Type | Water Heater |
| Features | Carpet Free |
| Parking Space Total | 2 |
| Rental Equipment Type | Water Heater |
| Bathroom Total | 3 |
| Bedrooms Above Ground | 4 |
| Bedrooms Total | 4 |
| Appliances | Window Coverings |
| Basement Development | Unfinished |
| Basement Features | Separate Entrance |
| Basement Type | N/a (unfinished), N/a |
| Construction Style Attachment | Detached |
| Cooling Type | None |
| Exterior Finish | Brick |
| Fireplace Present | Yes |
| Fireplace Total | 1 |
| Foundation Type | Block |
| Heating Fuel | Natural Gas |
| Heating Type | Radiant Heat |
| Stories Total | 2 |
| Size Interior | 1,100 - 1,500 Sqft |
| Type | House |
| Utility Water | Municipal Water |
| Detached Garage | |
| Garage |
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 118 Ft ,6 In |
| Size Frontage | 25 Ft |
| Size Irregular | 25 X 118.5 Ft ; Lot Size Source Is From Previous Listing |
| Size Total Text | 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
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