$999,000Asking Price
39 Lanark Avenue, Toronto C03, ON M6C 2B5
Oakwood Village, Toronto
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.
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.
See MoreKey Info
- 1.5-Storey Detached
- 0-Car Driveway
- 2-Car Detached Garage
- Allen Rd & Eglinton Ave W
- 1100-1500 Approximate Sq Feet
- Unfinished Basement
- 1 Kitchen
- Radiant Gas Heating
- No A/C
Property
- Lot Size 25 x 118.51 Feet
- Brick Exterior
- Taxes were $5,150 in 2025
- Possession: Immediate
Details
- Fireplace
- No Family Room
- Sewers
- Municipal Water
- MLS #C13058744
- RE/MAX HALLMARK REALTY LTD.
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Kitchen | Ground | 17.36' x 10.27' | Window |
 | 3 3-Piece Bathrooms | |||
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Who lives here?
Oakwood Village, Toronto is a central Toronto neighbourhood notable for its singles, education, law & public sector professionals, salespeople and tradespeople. It has a higher than average population of immigrants from the Philippines, and Italian, Spanish, Tagalog and Portuguese speakers. Residents tend to be older with a significant number of babies and adults aged 35 to 54.
Families
Kids Per Family
1.1
kids per family
in the neighbourhood.
Gta ({{ '1.29999995231628' | number: 1 }})
Singles
52%
of residents are
single and loving it.
52% singles
Toronto (50%)Gta ({{ '44.8800010681152' | number: 0 }}%)
Renters
47%
of residents
are renters.
47% renters
Toronto (47%)Gta ({{ '33.0200004577637' | number: 0 }}%)
Education
41%
of residents are
university grads.
41% university grads
Toronto (48%)Gta ({{ '43.6699981689453' | number: 0 }}%)
Income
Average Household Income
$102K
is the average household
income in the neighbourhood.
Gta ({{ '135056.828125' | minifiedCurrency }})
Professions
Professions
| Sales | 17% |
| Government | 11% |
| Business | 9% |
| Trades | 7% |
| Management | 7% |
Immigrants
48%
of residents were
born outside of Canada.
48% immigrants
Toronto (48%)Gta ({{ '45.4300003051758' | number: 0 }}%)
Birthplace - All
8.2% from Philippines
All-time
Birthplace - Recent
2.0% from Philippines
Recent
Foreign Languages
Foreign Languages
| Portuguese | 8% |
| Spanish | 7% |
| Italian | 6% |
| Tagalog | 5% |
| Greek | 2% |
Religions
Religions
| Christian | 67% |
| Jewish | 5% |
| Muslim | 3% |
| Buddhist | 2% |
| Hindu | 2% |
Social Housing
Social Housing Buildings
2
Social housing buildings
in the neighbourhood.
Shelters
Shelters
0
Homeless shelters in
the neighbourhood.
