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Listed

307 Days Ago

50A Lanark Avenue Toronto C03 $2,065,000 For Sale

Predicted Price

2500-3000 Square Feet

Lot Size is 17.50 ft front x

120.00 ft depth

7

Bed

0 Bath

1.00 Parking Spaces

/ 0 Garage Parking

50A Lanark Avenue, Toronto C03, ON M6C 2B4 For Sale

Property Taxes are $10195 per year

Front entry is on the East side of

Lanark

Avenue

Property style is 3-Storey

Property age unavailable: Contact us for details

Lot Size is 17.50 ft front x

120.00 ft depth

About 50A Lanark Avenue, Toronto C03, ON M6C 2B4

75% VTB available. Newly constructed, custom 3-unit property with primary home (main house), legal basement suite and rear coach house.The 3-storey primary home has 4-bedrooms, 4-bathrooms (50B Lanark main unit currently rented for $5,150/month). The 3-bedroom Rear coach house was leased for $3,200/month, and the 2-bedroom basement suite, which is accessible by a separate exterior entrance at the rear, was leased for $2,250/month. Approximated annual rent of $127,800 and net operating income of $113,000 (see financials attachment to this listing). The primary home has been left vacant to provide optionality to the buyer to decide whether to live in the main unit or rent it out. Because of the unique separation between the primary home and the basement suite/coach house, Buyers can choose to live in the primary home while earning substantial income from the basement and coach house. Mirror image neighbour property at 50B Lanark Ave also available for those looking for a fully tenanted property. Option to purchase both 50A & 50B Lanark for a 6-unit income property. This property is not subject to Ontario rent increase limits as it is newly constructed, and rent prices can be increased annually to levels set by the Landlord. The primary home has a Main floor Powder Room and mud-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 master bedroom ensuite with a Free-Standing Tub, Double Vanity and an oversized glass shower.The property is steps to shops on Eglinton, Cedarvale Park, Leo Baeck Day School and Eglinton Station/Crosstown.

Features

Included at 50A Lanark Avenue, Toronto C03, ON M6C 2B4

Toronto C03

Electricity is not included

Air Conditioning is not included

Building Insurance is not included

Located near Oakwood Ave & Eglinton Ave W

Fireplace is included

Postal Code is M6C 2B4

MLS ID is C12194978

Heating is not included

Water is not included

Located in the Humewood-Cedarvale area

Unit has Forced Air

Gas Heating

AC Central Air system

Located in Toronto C03

Listed for $2,065,000

No Pool

Separate Entrance Basement

Brick Front Exterior

Located near Oakwood Ave & Eglinton Ave W

No Central Vacuum system

Postal Code is M6C 2B4

MLS ID is C12194978

Fireplace included

Forced Air

Gas Heating

AC Central Air

Detached Garage included

Located in the Humewood-Cedarvale area

Located in Toronto C03

Listed for $2,065,000

Sanitation method is Sewer

Located near Oakwood Ave & Eglinton Ave W

Postal Code is M6C 2B4

MLS ID is C12194978

Located in the Humewood-Cedarvale area

Located in Toronto C03

Sanitation method is Sewer

Listed for $2,065,000

Listed

307 Days Ago

50A Lanark Avenue Toronto C03 $2,065,000

Predicted Price

2500-3000 Square Feet

Lot Size is 17.50 ft front x

120.00 ft depth

7

Bed

0 Bath

1.00 Parking Spaces

50A Lanark Avenue, Toronto C03, ON M6C 2B4 For Sale

Front entry is on the East side of

Lanark

Avenue

Property age unavailable: Contact us for details

Lot Size is 17.50 ft front x

120.00 ft depth

75% VTB available. Newly constructed, custom 3-unit property with primary home (main house), legal basement suite and rear coach house.The 3-storey primary home has 4-bedrooms, 4-bathrooms (50B Lanark main unit currently rented for $5,150/month). The 3-bedroom Rear coach house was leased for $3,200/month, and the 2-bedroom basement suite, which is accessible by a separate exterior entrance at the rear, was leased for $2,250/month. Approximated annual rent of $127,800 and net operating income of $113,000 (see financials attachment to this listing). The primary home has been left vacant to provide optionality to the buyer to decide whether to live in the main unit or rent it out. Because of the unique separation between the primary home and the basement suite/coach house, Buyers can choose to live in the primary home while earning substantial income from the basement and coach house. Mirror image neighbour property at 50B Lanark Ave also available for those looking for a fully tenanted property. Option to purchase both 50A & 50B Lanark for a 6-unit income property. This property is not subject to Ontario rent increase limits as it is newly constructed, and rent prices can be increased annually to levels set by the Landlord. The primary home has a Main floor Powder Room and mud-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 master bedroom ensuite with a Free-Standing Tub, Double Vanity and an oversized glass shower.The property is steps to shops on Eglinton, Cedarvale Park, Leo Baeck Day School and Eglinton Station/Crosstown.
About

Located near Oakwood Ave & Eglinton Ave W

Fireplace is included

No Laundry in unit

Postal Code is M6C 2B4

MLS ID is C12194978

Located in the Humewood-Cedarvale area

Unit has Forced Air

Gas Heating

AC Central Air system

Located in Toronto C03

Listed for $2,065,000

No Pool

Separate Entrance Basement

Brick Front Exterior

Fireplace included

Forced Air

Gas Heating

AC Central Air

Detached Garage included

Located near Oakwood Ave & Eglinton Ave W

No Central Vacuum system

Postal Code is M6C 2B4

MLS ID is C12194978

Located in the Humewood-Cedarvale area

Located in Toronto C03

Listed for $2,065,000

Sanitation method is Sewer

Located near Oakwood Ave & Eglinton Ave W

Postal Code is M6C 2B4

MLS ID is C12194978

Located in the Humewood-Cedarvale area

Located in Toronto C03

Sanitation method is Sewer

Listed for $2,065,000

No Included details provided
Included

Features

Listed

307 Days Ago

50A Lanark Avenue Toronto C03 $2,065,000

Predicted Price

2500-3000 Square Feet

Lot Size is 17.50 ft front x

120.00 ft depth

7

Bed

0 Bath

1.00 Parking Spaces

50A Lanark Avenue, Toronto C03, ON M6C 2B4 For Sale

Front entry is on the East side of

Lanark

Avenue

Property age unavailable: Contact us for details

Lot Size is 17.50 ft front x

120.00 ft depth

75% VTB available. Newly constructed, custom 3-unit property with primary home (main house), legal basement suite and rear coach house.The 3-storey primary home has 4-bedrooms, 4-bathrooms (50B Lanark main unit currently rented for $5,150/month). The 3-bedroom Rear coach house was leased for $3,200/month, and the 2-bedroom basement suite, which is accessible by a separate exterior entrance at the rear, was leased for $2,250/month. Approximated annual rent of $127,800 and net operating income of $113,000 (see financials attachment to this listing). The primary home has been left vacant to provide optionality to the buyer to decide whether to live in the main unit or rent it out. Because of the unique separation between the primary home and the basement suite/coach house, Buyers can choose to live in the primary home while earning substantial income from the basement and coach house. Mirror image neighbour property at 50B Lanark Ave also available for those looking for a fully tenanted property. Option to purchase both 50A & 50B Lanark for a 6-unit income property. This property is not subject to Ontario rent increase limits as it is newly constructed, and rent prices can be increased annually to levels set by the Landlord. The primary home has a Main floor Powder Room and mud-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 master bedroom ensuite with a Free-Standing Tub, Double Vanity and an oversized glass shower.The property is steps to shops on Eglinton, Cedarvale Park, Leo Baeck Day School and Eglinton Station/Crosstown.
About

Located near Oakwood Ave & Eglinton Ave W

Fireplace is included

No Laundry in unit

Postal Code is M6C 2B4

MLS ID is C12194978

Located in the Humewood-Cedarvale area

Unit has Forced Air

Gas Heating

AC Central Air system

Located in Toronto C03

Listed for $2,065,000

No Pool

Separate Entrance Basement

Brick Front Exterior

Fireplace included

Forced Air

Gas Heating

AC Central Air

Detached Garage included

Located near Oakwood Ave & Eglinton Ave W

No Central Vacuum system

Postal Code is M6C 2B4

MLS ID is C12194978

Located in the Humewood-Cedarvale area

Located in Toronto C03

Listed for $2,065,000

Sanitation method is Sewer

Located near Oakwood Ave & Eglinton Ave W

Postal Code is M6C 2B4

MLS ID is C12194978

Located in the Humewood-Cedarvale area

Located in Toronto C03

Sanitation method is Sewer

Listed for $2,065,000

No Included details provided
Included

Features

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50A Lanark Avenue Toronto C03 $2,065,000

50A Lanark Avenue Toronto C03 $2,065,000

2500-3000 Square Feet

7 Bed

+ 2

0 Bath