50 Lanark Avenue
Toronto C03
$1,999,000
Buy with Dwelly and Save
Home Details
Buy with Dwelly and save
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Listing Description
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.
City: Toronto C03
Mortgage Calculator
Your estimated monthly payment for 50 Lanark Avenue is 10,704
Price
$Rate
%Ammortization
Down Payment
$Total Mortgage
| Purchase Price | $1,999,000 |
| Down Payment | $399,800 |
| Mortgage Insurance | $0 |
| Total Mortgage | $1,599,200 |
Monthly Payment
| Mortgage Payment | $9,855 |
| Property Taxes | $850 |
| Maintenance Fees | $0 |
| Monthly Payment | $10,704 |
About 50 Lanark Avenue, Toronto C03
Located at 50 Lanark Avenue , this Toronto C03 house is available for sale. This property was listed for $1,999,000 on Wed Mar 11 2026. It has 9 bedrooms and 5 bathrooms. The property includes the following rooms: . This property comes with 1 parking spots.
MLS#: undefined · $1,999,000 · 9 bedroom house in Toronto C03