A pic from exterior of the house or condo, the street view for 62 Lanark Ave, Toronto Ontario M6C 2B5
33 days on Market

62 Lanark Ave, Toronto, Ontario M6C 2B5

Detached
2 + 2
2
- sqft
$1,500,000
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Detached
2 + 2
2
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$6,442/mo

Tax Amount (2024)$3,848/yr

Days On Market33 days


Description

Attention builders, renovators, and investors Rare Opportunity in Coveted Oakwood Village! This legal duplex is brimming with possibilities! Transform it into a multi-residential income property, build your dream home, or explore the potential for a garden suite (subject to city approval). Situated just steps from the new Eglinton Crosstown LRT Oakwood Station, this property is ideally located in a neighborhood undergoing significant transformation. Enjoy the vibrant lifestyle of St. Clair Village, surrounded by amazing restaurants, boutique shops, parks, and top-rated schools, including Leo Beck School. Proximity to Cedarvale Park ensures access to green spaces and outdoor activities. This home features 2+2 bedrooms, a basement with two separate entrances, a detached garage, and a driveway with parking for two cars. With a fantastic walkability score and easy access to the Allen and Hwy 401, convenience is at your doorstep. Be part of the exciting revitalization of Eglinton West and watch your real estate investment thrive in the near future. Don't miss this incredible opportunity!


Property Details

Style2-Storey
View-
Age of property-
SqFt-
Lot Size2,352 SqFt(84 x 28)
Parking Spaces3
MLS ®NumberC10429882
Community NameCedarvale
Data SourceTRREB
Listing byRIGHT AT HOME REALTY

Features

Heating: Forced Air
Cooling: Central Air
Basement: Sep Entrance

Main Floor

Living

4.70 x 3.20

Hardwood Floor / Open Concept

Dining

3.20 x 2.50

Open Concept / Hardwood Floor

Kitchen

3.00 x 2.60

Ceramic Floor / B/I Appliances / Open Concept

Br

3.70 x 3.00

Hardwood Floor / O/Looks Backyard / Closet


Features

Lot size: 2,352 SqFt

Parking

Garage spaces 1

Garage type Detached

Other parking spaces 2

Total parking spaces 3


Property listed by RIGHT AT HOME REALTY, Brokerage

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Market Data - Cedarvale

Buyer's Market

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

35 days

Compared to

2023

26 days

2022

44 days

2021

12 days

New Listings

Past 30 days

16 listings

Compared to

2023

13 listings

2022

9 listings

2021

3 listings

Units sold

Past 30 days

3 units

Compared to

2023

5 units

2022

4 units

2021

7 units

Median Sold Price

Past 30 days

$1,810,000

Compared to

2023

$1,611,000

2022

$1,417,500

2021

$1,300,000


Population and Demographics

Overview

Total population 23083
Average household income $179,046

Age (%)

35 to 49
23%
20 to 34
21%
0 to 19
20%
50 to 64
19%
65 and plus
17%

Household composition (%)

Single family
57%
Single person
36%
Multi person
7%
Multi family
0%

Mother tongue (%)

English
72%
Spanish
5%
Tagalog (Pilipino, Filipino)
5%
Portuguese
4%
Italian
3%
Others
3%
French
2%
Greek
1%

House tenancy (%)

Renters
54%
Owners
46%

Schools and amenities

Estimated Budget