39 Lanark Avenue, Toronto, ON
Property no longer active
This property was sold on July 12, 2026. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Oakwood Village. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $848,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 4 Bedrooms and 3 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 25 x 118.51 ft lot
- Features a unfinished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Carpet Free
- Efficient radiant heating via gas
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. All PERMIT Documents are available upon request.
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Property Summary
This detached home located at 39 Lanark Avenue, Toronto is currently for sale and has been available on SousaSells for 29 days. This property is listed at $848,000 with an estimated mortgage of $2,823* per month. It has 4 beds, 3 bathrooms, and is 1100-1500 square feet. 39 Lanark Avenue, Toronto is in the Oakwood Village neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 4 bedrooms and 3 bathrooms, this home offers ample space and comfort for growing families in Oakwood Village, Toronto.
- •4 spacious bedroom layout offering versatile living space
- •3 well-appointed bathrooms
- •1100-1500 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Oakwood Village, Toronto.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- Carpet Free
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 39 Lanark Avenue, Toronto, ON
Q.What is the asking price for 39 Lanark Avenue, Toronto, ON ?
The current listing price for 39 Lanark Avenue, Toronto, ON in Oakwood Village, Toronto is $848,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 4 bedrooms and 3 bathrooms across approximately 1100-1500 sqft.
Q.What property type and architectural style is 39 Lanark Avenue, Toronto, ON ?
39 Lanark Avenue, Toronto, ON is a Detached (1 1/2 Storey) featuring a Unfinished, Separate Entrance basement.
Q.What interior features are included in this home?
Interior highlights include: Carpet Free.
Q.Is parking available at this property?
Yes, this property offers parking space for 2.0 vehicles (Detached).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via None.
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Pricing & Value Insights
Data-driven valuation for 39 Lanark Avenue, Toronto, ON M6C 2B5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $848,000 in Toronto, the legal minimum down payment is $59,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $13,435 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $13,435 also applies, bringing the total estimated land transfer taxes to $26,870.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.