Home with brick exterior material, street for 39 Lanark Ave, Toronto Ontario M6C 2B5
26 mins on Market

39 Lanark Ave, Toronto, Ontario M6C 2B5

Detached
4
3
~1100-1500 sqft
$999,000
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Detached
4
3
~1100-1500 sqft

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Highlights

Property Estimate

Days on market26 mins

Estimated valueNot available

Price/Sqft$787/sqft

Monthly cost

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Description

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.


Property Details

Style1 1/2 Storey
View-
Age of property-
SqFt~1100-1500 SqFt
Lot Size2,962 SqFt(118.51 x 25)
Parking Spaces2
MLS ®NumberC13058744
Community NameCedarvale
Data SourceTRREB
Listing byRE/MAX HALLMARK REALTY LTD.

Features

Heating: Radiant
Fireplace
Basement: Unfinished, Sep Entrance

Main Floor

Living

3.63 x 4.04

carpet free / Window


Features

Lot size: 2,962 SqFt

Parking

Garage spaces 2

Garage type Detached

Other parking spaces 0

Total parking spaces 2


Property History

Apr 29, 2026
ListedActive
$999,000
< 1h on market
history photo preview22
Listing by trreb®
Property listed by RE/MAX HALLMARK REALTY LTD., Brokerage
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Market Data - Cedarvale

Geo Zone Map ThumbnailCedarvale

Seller's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

11 days

Compared to

2025

34 days

2024

6 days

2023

15 days

New Listings

Past 30 days

21 listings

Compared to

2025

15 listings

2024

10 listings

2023

12 listings

Units sold

Past 30 days

10 units

Compared to

2025

8 units

2024

10 units

2023

7 units

Median Sold Price

Past 30 days

$1,667,500

Compared to

2025

$1,510,500

2024

$1,532,500

2023

$1,750,000


Population and Demographics

Overview

Total population 23083
Average household income $179,046

Age (%)

0 to 19
20%
20 to 34
21%
35 to 49
23%
50 to 64
19%
65 and plus
17%

Household composition (%)

Single family
57%
Single person
36%
Multi person
7%
Multi family
0%

Mother tongue (%)

English
72%
Spanish
5%
Tagalog (Pilipino, Filipino)
5%
Portuguese
4%
Italian
3%
Others
3%
French
2%
Greek
1%

House tenancy (%)

Renters
54%
Owners
46%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget