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50A Lanark Avenue in Toronto for sale

Asking price
$1,799,000
Estimate (Jun 04)
$1,985,013
MLS #:
C12194978
Type:
Semi-Detached, 3-Storey
Approx. SQFT:
1500-2000
Basement:
Sep Entrance, Apartment
7+2 7+2
1 17.5 x 120 ft lot
PROPERTY HISTORY
SIGN IN REQUIRED
List Date List Price Last Status Sold Date Sold Price Days On Market
0000-00-00 $00000 New N/A N/A N/A
0000-00-00 $00000 Ter N/A N/A N/A
0000-00-00 $00000 Ext N/A N/A N/A
0000-00-00 $00000 Lsd Oct 12, 2024 $3,200
0000-00-00 $00000 Ter N/A N/A N/A
0000-00-00 $00000 Ter N/A N/A N/A

Listed by Right At Home Realty.

50A Lanark Avenue is a Semi-Detached, 3-Storey and is currently for Sale @ $1,799,000. Taxes in 2025 were $10,195.26.

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VTB up to $250,000 at 0%. The 3-Storey on 50A Lanark Avenue has 7 bedrooms, 5 bathrooms, and is located on a 120 x 17.5 ft lot in the community of Humewood-Cedarvale . 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 $2,300/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.

The address 50A Lanark Avenue was listed for sale (MLS# C12194978) on Wednesday, June 04, 2025.

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  • Date Listed: Wednesday, June 04, 2025
  • Listing Brokerage: Right At Home Realty - Disclaimer: The information contained in this listing has not been verified by Right At Home Realty and should be verified by the buyer.
  • City: Toronto

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  • Neighbourhood: Humewood-Cedarvale
  • Major Intersection: Oakwood Ave & Eglinton Ave W
  • Full Address: 50A Lanark Avenue, Toronto, M6C 2B4, ON, Canada
  • Amenities:
  • Taxes: $10,195.26 (2025)

WHAT'S YOUR HOME WORTH?

Click here to get an instant estimate and track its value over time.