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$2,574,000
Ontario,Toronto (Humewood-Cedarvale)
For Sale Active
48 LANARK AVENUE, Toronto (Humewood-Cedarvale), Ontario M6C2B4
  • 10
  • 5
  • 3,500 Sqft
Basic Details
Description

0% loan up to $500,000 available. New 5-Bedroom custom home with a large 3-bedroom/2-bathroom rear coach house (laneway suite) that will supplement your income by approximately $45,000 per year. The coach house is currently leased for $3,745/month. Live in a luxury custom finished home while receiving this considerable rental income care-free. The Coach house is also ideal as an ‘in-law

suite’ for multi-generational households, and is uniquely separated into two living spaces (one on each level) by keyed doors. The primary home has a rare 5 bedrooms and 5 bathrooms, and is perfect for a large family or those looking for 4 bedrooms plus an office. Powder Room, Custom-built eat-in kitchen with floor to ceiling pantry for ample storage. Oversized Master Bedroom With tons of natural light, His and Her Custom millwork Closets, and oversized master bedroom ensuite with Free-Standing Tub, Double Vanity and an oversized glass shower. Third floor covered balcony with Private backyard, large deck and rear basement walkout. The primary home may also be retrofitted for a future basement apartment as it is separated from the main floor and is equipped with a separate exterior entrance, 2 bedrooms and a laundry/kitchen rough-in. This would allow a future owner to receive additional rental income from a large 2 bedroom basement apartment in addition to substantial rental income from the detached coach house. This home is located steps to Cedarvale Park, Leo Baeck Day School and Eglinton Station/Crosstown. Construction completed in June 2023 so it is not subject to Ontario rent increase limits. Speak to your mortgage broker for information on qualifying for a mortgage using supplemental rental income from secondary suites. 0% loan up to $500,000 available. Truly a property worth viewing given the unique coach house element in addition to the custom primary home. (id:62650)

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Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: C12414788
  • Price: $2,574,000
  • Bedrooms: 10
  • Bathrooms: 5
  • Half Bathrooms: 1
  • Square Footage: 3,500 Sqft
  • Status: Active
  • Property Sub Type: Single Family
  • Office Key: 68202
Features & Appliances
Features
  • Heating System: Forced air, Natural gas
  • Cooling System: Central air conditioning
  • Basement: Finished, N/A, Walk out
  • Parking: Detached Garage, Garage
  • Exterior Features: Brick, Stucco
  • Sewer: Sanitary sewer
Address Map
  • Location: CA, Ontario, Toronto (Humewood-Cedarvale), M6C2B4
  • Street: Lanark
  • Street Number: 48
  • Street Suffix: Avenue
  • Longitude: W80° 33' 30.5''
  • Latitude: N43° 41' 48.7''
Additional Information
  • Water Source:
  • Foundation Details:
  • Lot Features:
  • Lot Size Dimensions: 25 x 120 FT ; Includes Coach House / Laneway Suite
  • Stories: 3.0
Financial
  • Tax Annual Amount: 10071.27
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Listing updated: 2025-09-20 00:30:39
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Listing Information
  • List Agent Key: 1947493
  • List Office Key: 68202
  • Modification Timestamp: 2025-09-19T15:55:35Z
  • Originating System Name: Toronto Regional Real Estate Board
  • Status Change Timestamp: 2025-09-19T15:50:01Z
Powered by REALTOR.ca
Listing updated: 2025-09-20 00:30:39

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These forms are provided to ComFree’s Unrepresented Sellers as a part of their Mere Posting ComFree Listing Contract and in partnership with Zubic Law.

I acknowledge I can only access these forms as a ComFree customer under contract.

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