Re-listed 4 days ago

39 Lanark Ave, Toronto, Ontario M6C 2B5

Detached
4
3
~1100-1500 sqft
$•••,•••
$1,025,000
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Detached
4
3
~1100-1500 sqft

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Highlights

Property Estimate

Days on market4 days

Total days on market
47 days

Estimated valueNot available

Price/Sqft$807/sqft

Monthly cost

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Description

***MOTIVATED SELLER! *** 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 ®NumberC13429378
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

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Price changeActive
$•••,•••
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Re-listed
$•••,•••
4 days on market
history photo preview25
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

17 days

Compared to

2025

9 days

2024

13 days

2023

15 days

New Listings

Past 30 days

23 listings

Compared to

2025

23 listings

2024

34 listings

2023

21 listings

Units sold

Past 30 days

13 units

Compared to

2025

11 units

2024

16 units

2023

14 units

Median Sold Price

Past 30 days

$2,118,000

Compared to

2025

$1,787,500

2024

$1,692,500

2023

$1,840,018


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