Property Details: - Type: Detached - Bedrooms: 4 - Bathrooms: 3 - MLS#: C13058744 Listed By: RE/MAX HALLMARK REALTY LTD.

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. This detached home located at 39 Lanark Avenue, Toronto is currently for sale and has been available on Zolo.ca for 9 days. This property is listed at $999,000 with an estimated mortgage of $3,677* per month. It has 4 beds, 3 bathrooms, and is 1100-1500 square feet. 39 Lanark Avenue, Toronto is in the Oakwood Village neighborhood Toronto. Briar Hill Belgravia, Caledonia Fairbank and Oakwood Vaughan are nearby neighborhoods.