4 Lanark Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey triplex located in the coveted neighborhood of Oakwood Village. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,279,000 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.
- 7 Bedrooms and 3 Bathrooms with 3 functional kitchens
- Generous living space spanning 2000-2500 sqft on a premium 22.5 x 125 ft lot
- Features a apartment basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available
- Notable attributes: None
- equipped with other central cooling and highly efficient baseboard heating via gas
Description
Discover a rare offering in a prime Toronto location and family-friendly neighbourhood. This well-maintained triplex features three spacious 2-bedroom apartments, each with excellent layouts. Perfectly suited for investors or end-users, this property offers both strong income potential or the opportunity to live in one unit while tenants help offset the mortgage. Just steps to the subway, the new Eglinton Crosstown LRT, and an array of shops, cafes, and restaurants along Eglinton Avenue. Outdoor enthusiasts will love being only a short walk from the coveted Cedarvale Parks with trails, tennis courts, green space and the dog park. Whether you're an investor looking for a stable, income-generating property, or a savvy buyer seeking to combine homeownership with built-in financial advantages, 4 Lanark Ave presents a rare chance to secure a versatile asset in a thriving neighbourhood.
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 4 Lanark Avenue, Toronto C03, ON M6C 2B3
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 $1,279,000 in Toronto, the legal minimum down payment is $255,800 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 $22,055 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $22,055 also applies, bringing the total estimated land transfer taxes to $44,110.
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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.
