Newly constructed, custom 3-unit property with primary home (main house), legal basement suite and rear coach house. The primary home has 4-bedrooms, 4-bathrooms (50B Lanark main unit rented with multiple offers in May 2024 for $5, 000/month). The 3-bedroom Rear coach house is leased for $3, 200/month, and the 2-bedroom basement suite, which is accessible by a separate exterior entrance at the rear, is leased for $2, 300/month. Approximated annual rent of $127, 800 and net operating income of $116, 410 (see financials attachment to this listing). The primary home has been left vacant to provide optionality to the buyer to decide whether to live in the main unit or rent it out. Because of the unique separation between the primary home and the basement suite/coach house, Buyers can choose to live in the primary home while earning substantial income from the basement and coach house. This property is not subject to Ontario rent increase limits as it is newly constructed, and rent prices can be increased annually to levels set by the Landlord. The primary home has a Main floor Powder Room and mud-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 master bedroom ensuite with a Free-Standing Tub, Double Vanity and an oversized glass shower. Large private Third floor balcony; inverted metal standing seam roof. The property is steps to shops on Eglinton, Cedarvale Park, Leo Baeck Day School and Eglinton Station/Crosstown. EXTRAS 3 Hydro meters, 2 gas meters. Custom window coverings and closet built-in in all bedrooms. (id:55598)
- MLS® C10929883
- Date Listed11/26/2024
- Days on Realty 9 Days
- Bedrooms 9
- Bathrooms 1 Half baths
- Lot Size -
- Sewer Other
- Subdivision Humewood-Cedarvale
- Property Type Other
- Water Public
- Square Feet 2,500 sq. ft
- Price Per Sq. Ft $939.61
Interior Features
- Appliances Window Coverings
- Cooling Central Air Conditioning
- Heating Forced Air, Natural Gas
Exterior / Lot Features
- Roof -
- Lot Size Acres -
- Lot Size SQFT -
- Lot Features -
Nearby Schools
Source: School Digger
Sales & Tax History
Source: Public Records
95/100
Walker's Paradise
Walk Score ®
83/100
Excellent Transit
Transit Score ®
85/100
Very Bikeable
Bike Score ®
Overview
Daily errands do not require a car. Transit is convenient for most trips. Biking is convenient for most trips.Transit Summary
12 nearby routes: 11 bus, 1 rail, 0 other
Walkability averages in the surrounding area
The average walkability score in the surrounding area is Walk Score: 77/100, Transit Score: 78/100, Bike Score: 64/100.
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Frequently Asked Questions for 50A LANARK AVENUE
Source: Realty.com
50A LANARK AVENUE, Toronto (Humewood Cedarvale), ON M6C2B4 is a Other, Residential Income property listed for $2,349,000 The property is 2500 sq. ft with 9 bedrooms and 5 bathrooms
The full address for this home is 50A LANARK AVENUE, Toronto (Humewood Cedarvale), ON M6C2B4.
50A LANARK AVENUE has been listed on Realty.com since Tue November 26, 2024
Daily errands do not require a car. Transit is convenient for most trips. Biking is convenient for most trips.
The average walkability score in the surrounding area is Walk Score: 77/100, Transit Score: 78/100, Bike Score: 64/100.
Listing provided courtesy of:
RIGHT AT HOME REALTY
(tel: (416) 391-3232)
Listing agent:
JAIME LARA SHEDLETSKY
(tel: (416) 391-3232)
This content last refreshed on 2024-12-05 04:08:37. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Export listing data of 50A LANARK AVENUE, Toronto (Humewood Cedarvale), ON M6C2B4 : MLS® C10929883