For Sale: 39 Lanark Avenue, Toronto, ON - REW
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$1,088,000
4 bd 3 ba 1100 - 1500 sf House

39 Lanark AvenueToronto, ON, M6C 2B5

Oakwood-Vaughan
  • 4 Bed
  • 3 Bath
  • 1100 - 1500 Sqft
  • House

About this home

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.
Listed by: Mohammad Nasrkhani, Broker, RE/MAX HALLMARK REALTY LTD.

Home facts and features

Price details
List Price
Gross Taxes for 2025
$5,150
Home facts
Bedrooms
4
Full Bathrooms
3
Parking Spaces
2
Property Type
House
Lot Size
25 ft x 118 ft (2962 ft²)
Depth
118.51
Frontage
25.0
Exterior Finish
Brick
Heating Type
Radiant, Gas
Basement Details
Unfinished, Separate Entrance
Community
Agent details
Primary Agent
Primary Broker
RE/MAX HALLMARK REALTY LTD.
Listing details
Days on REW
36 Days
Property Views
29
MLS® Number
C13058744
Source
Toronto Real Estate Board
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

St Thomas Aquinas Catholic School
  • Catholic
  • JK - 8
J R Wilcox Community School
  • Public
  • JK - 8
D'Arcy McGee Catholic School
  • Catholic
  • JK - 8
Oakwood Village Montessori School
  • Private
  • PS - 3
Lycée Français de Toronto
  • Private
  • PS - 12
Vaughan Road Academy
  • Public
  • 9 - 12
Fairbank Public School
  • Public
  • JK - 8
Cedarvale Community School
  • Public
  • JK - 8
West Preparatory Junior Public School
  • Public
  • JK - 6
Sts Cosmas and Damian Catholic School
  • Catholic
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
Listing data is subject to copyright, disclaimer, and additional requirements from the data provider. See our Terms of Use for terms applicable to this listing. Listing data was last updated on 2026-06-04.