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1of10
Triplex for sale: 50 LANARK AVENUE, Toronto
50 Lanark Avenue
$1,999,000
Toronto , Ontario M6C2B4
9 bed
5 bath
About the Property

Cross Streets: Oakwood Ave & Eglinton Ave W. ** Directions: Oakwood & Eglinton. Newly constructed, fully tenanted custom 3-unit property with primary home, legal lower suite and rear coach house. Rare unit mix with 4-bedroom Main House, 3-Bedroom Coach house and 2-bedroom lower suite (no 1-bedroom units) attracts long-term stable tenants. Net operating income of $110k (see financials). The proximity to Cedarvale Park, Leo Baeck Day School and newly opened Eglinton Crosstown drives rental demand.

Because of the unique separation between the primary home and lower suite/coach house, buyers can choose to live in the private primary home while earning substantial income from lower suite/coach house. The units are thoughtfully designed to provide privacy/separation to all tenants (most other multiplexes have stacked units). New construction equals very low maintenance costs/upkeep. Option for a VTB of up to $500k with competitive terms. Mirror image neighbour property at 50B Lanark Ave also available for those looking for a fully tenanted 6-unit income property earning $220k in NOI. (id:27476)

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Property Details
MLS® Number
C12871122
Type
Multi-family
Community Name
Humewood-Cedarvale
Land Size
17.5 x 120 FT ; ### INCLUDES REAR COACH HOUSE ###
Parking Space Total
1
Building
Building Type
Triplex
Storeys
3
Square Footage
2500 - 3000 sqft
Bathrooms Total
5
Bedrooms Above Ground
7
Bedrooms Total
9
Amenities
Separate Electricity Meters
Exterior Finish
Brick Facing
Fireplace Present
No
Basement Type
N/A, N/A
Basement Features
Separate entrance, Apartment in basement
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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Listing provided by: RIGHT AT HOME REALTY

$1,999,000 - 50 LANARK AVENUE, Toronto Ontario M6C 2B4, Canada | Real Estate For Sale | HomeAds.ca

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Updated March 12th 2026 5:27 pm

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