50 Lanark Avenue
Toronto (Humewood-Cedarvale), ON M6C 2B4
- 7+2Bedrooms
- 5Bathrooms
- 1Parking
- 2500–3000Sq Ft
- $10,195Tax
- 18×120 ftLot Size
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About 50 Lanark Avenue, Toronto, Humewood-Cedarvale
Summarized Description
- Newly constructed custom 3-unit property.
- Fully tenanted with stable rental income.
- Unique separation for privacy among units.
- Low maintenance costs due to new construction.
- Proximity to schools and parks enhances demand.
- Investment opportunity with substantial income potential.
- Option for vendor take-back financing available.
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.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $10,195
- Land Transfer Tax Fee
- $72,910
- Basement Type
- Separate Entrance, Apartment
Interior Features
- Laundry Level
- Upper Level
- Interior Extras
- None, Separate Hydro Meter, In-Law Suite, In-Law Capability
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Pool
- None
- Other Structures
- Aux Residences
Building
- Building Type
- Multiplex
- Building Style
- 3-Storey
Construction
- Exterior Finish
- Brick Front
- Roof
- Asphalt Shingle, Metal
- Foundation Details
- Poured Concrete
- Special Designation
- Unknown
Lot
- Lot Front
- 17.50 ft
- Lot Depth
- 120.00 ft
Parking & Garages
- Garage Type
- Detached
- Garage Spaces
- 1
- Parking Spaces
- 1
- Total Garage And Parking Spaces
- 1
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 7 + 2
- Washrooms
- 5
- Kitchens
- 3
- Family / bonus room
- Yes
Washrooms
- 2-piece, Ground
- 3-piece, Second
- 5-piece, Second
- 3-piece, Third
- 3-piece, Flat
- Municipality
- Toronto
- Neighbourhood
- Humewood-Cedarvale
- Main cross streets
- Oakwood Ave & Eglinton Ave W
- Directions
- Oakwood & Eglinton
- MLS® number
- C12871122
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-03-28
- Listed on
- 2026-03-11
- Days on market
- 17 days
- Possession date
- 2026-03-11
- Possession type
- Flexible
- Co-op commission
- 2.5% + HST
- Seller
- Listed by
- RIGHT AT HOME REALTY
Home Market Value
Current home valuation for 50 Lanark Avenue, Toronto, Humewood-Cedarvale, Toronto, ON. Listed for $1,999,000
HOMEH Estimate
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Estimated Sales Range
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HOMEH Estimate for 50 Lanark Avenue, Toronto, Humewood-Cedarvale
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
20% required for homes $1.5M or more
$399,800
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $0 | $0 | $0 | $0 |
=Total mortgage | $1,599,200 | $1,499,250 | $1,399,300 | $1,299,350 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $7,808monthly | $7,320monthly | $6,832monthly | $6,344monthly |
Land Transfer Tax
$36,455
$36,455
$72,910
Around this home
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