$1,999,000Asking Price
50 Lanark Avenue, Toronto C03, ON M6C 2B4
Oakwood Village, Toronto
Newly constructed, fully tenanted custom 3-unit property with primary home, legal lower suite and rear coach house. Rare unit mix with 4-bedroom Main House, 3-Bedroom Coach house and 2-bedroom lower suite (no 1-bedroom units) attracts long-term stable tenants. Net operating income of $110k (see financials). The proximity to Cedarvale Park, Leo Baeck Day School and newly opened Eglinton Crosstown drives rental demand. Because of the unique separation between the primary home and lower suite/coach house, buyers can choose to live in the private primary home while earning substantial income from lower suite/coach house. The units are thoughtfully designed to provide privacy/separation to all tenants (most other multiplexes have stacked units). New construction equals very low maintenance costs/upkeep. Option for a VTB of up to $500k with competitive terms. Mirror image neighbour property at 50B Lanark Ave also available for those looking for a fully tenanted 6-unit income property earning $220k in NOI.
Newly constructed, fully tenanted custom 3-unit property with primary home, legal lower suite and rear coach house. Rare unit mix with 4-bedroom Main House, 3-Bedroom Coach house and 2-bedroom lower suite (no 1-bedroom units) attracts long-term stable tenants. Net operating income of $110k (see financials). The proximity to Cedarvale Park, Leo Baeck Day School and newly opened Eglinton Crosstown drives rental demand. Because of the unique separation between the primary home and lower suite/coach house, buyers can choose to live in the private primary home while earning substantial income from lower suite/coach house. The units are thoughtfully designed to provide privacy/separation to all tenants (most other multiplexes have stacked units). New construction equals very low maintenance costs/upkeep. Option for a VTB of up to $500k with competitive terms. Mirror image neighbour property at 50B Lanark Ave also available for those looking for a fully tenanted 6-unit income property earning $220k in NOI.
See MoreKey Info
- 3-Storey Triplex
- 1 Parking
- Detached Garage
- Oakwood Ave & Eglinton Ave W
- 2500-3000 Approximate Sq Feet
- No Ensuite Laundry
- Forced Air Gas Heating
- Central Air
Property
- Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
- Taxes were $10,195 in 2025
Details
- Brick Front Exterior
- No Fireplace
- 3 + 1 Kitchens
- MLS #C12871122
- RIGHT AT HOME REALTY
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
 | 1 2-Piece Bathroom on Ground Floor | |||
| 1 3-Piece Bathroom | |||
| 1 5-Piece Bathroom | |||
| 1 3-Piece Bathroom | |||
| 1 3-Piece Bathroom in Flat | |||
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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.
