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House for sale: 48 LANARK AVENUE, Toronto
48 Lanark Avenue
$2,595,000
Toronto , Ontario M6C2B4
10 bed
5 bath
About the Property

Eglinton Ave. W. & Allen Road 0% loan up to $250,000 available. New 5-Bedroom custom home with a large 3-bedroom/2-bathroom rear coach house (laneway suite) that will supplement your income by approximately $45,000 per year. The coach house is currently leased for $3,745/month. Live in a luxury custom finished home while receiving this considerable rental income care-free. The Coach house is also ideal as an 'in-law suite' for multi-generational households, and is uniquely separated into two living spaces (one on each level) by keyed doors.

The coachhouse kitchen is located on the second floor with an additional kitchen rough-in on the main floor. The primary home has a rare 5 bedrooms and 5 bathrooms, and is perfect for a large family or those looking for 4 bedrooms plus an office. Powder Room, Custom-built eat-in kitchen with floor to ceiling pantry for ample storage. Oversized Master Bedroom With tons of natural light, His and Her Custom millwork Closets, and oversized master bedroom ensuite with Free-Standing Tub, Double Vanity and an oversized glass shower. Third floor covered balcony with Private backyard, large deck and rear basement walkout. The primary home may also be retrofitted for a future basement apartment as it is separated from the main floor and is equipped with a separate exterior entrance, 2 bedrooms and a laundry/kitchen rough-in. This would allow a future owner to receive additional rental income from a large 2 bedroom basement apartment in addition to substantial rental income from the detached coach house. This home is located steps to Cedarvale Park, Leo Baeck Day School and Eglinton Station/Crosstown. Construction completed in June 2023 so it is not subject to Ontario rent increase limits. Speak to your mortgage broker for information on qualifying for a mortgage using supplemental rental income from secondary suites. (id:27476)

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Property Details
MLS® Number
C12165522
Type
Single Family
Community Name
Humewood-Cedarvale
Ownership Type
Freehold
Land Size
25 x 120 FT ; Includes Coach House / Laneway Suite
Parking Space Total
1
Building
Building Type
House
Storeys
3
Square Footage
3000 - 3500 sqft
Bathrooms Total
5
Bedrooms Above Ground
8
Bedrooms Total
10
Exterior Finish
Brick, Stucco
Fireplace Present
No
Basement Type
N/A (Finished)
Basement Features
Walk out
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Central air conditioning
Utilities
Water
Municipal water
Utility Sewer
Sanitary sewer
Monthly Payment Calculator
$
%
3.49%
5.5%
6%
7%
Years
15 Years
20 Years
25 Years
30 Years
Your Monthly Payment
$3,625
Book a Showing
Darya Strilyana
Darya Strilyana
Real Estate Expert
Phone
+1 .647 .896 .7668
Email
ds@homeads.ca

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$2,595,000 - 48 LANARK AVENUE, Toronto Ontario M6C 2B4, Canada | Real Estate For Sale | HomeAds.ca

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Updated July 31st 2025 9:47 pm

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Darya Strilyana
Darya Strilyana
Real Estate Expert
Phone
+1 .647 .896 .7668
Email
ds@homeads.ca
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