• Mobile: 647-964-2184
  • Office: 905-230-3100
  • Fax: 905-230-8577

$2,199,000
Available - For Sale
Listing ID: C12165522
48 Lanark Aven , Toronto, M6C 2B4, Toronto


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 coachhouse kitchen is located on the second floor with an additional kitchen rough-in on the main floor. 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.
Price $2,199,000
Taxes: $1071.27
Occupancy: Vacant
Address: 48 Lanark Aven , Toronto, M6C 2B4, Toronto
Directions/Cross Streets: Eglinton Ave. W. & Allen Road
Rooms: 13
Rooms +: 3
Bedrooms: 8
Bedrooms +: 2
Family Room: T
Basement: Finished wit
Washroom Type No. of Pieces Level
Washroom Type 1 2 Ground
Washroom Type 2 5 Second
Washroom Type 3 3 Second
Washroom Type 4 3 Third
Washroom Type 5 3 Basement
Total Area: 0.00
Approximatly Age: 0-5
Property Type: Detached
Style: 3-Storey
Exterior: Brick, Stucco (Plaster)
Garage Type: Built-In
(Parking/)Drive: Available,
Drive Parking Spaces: 1
Park #1
Parking Type: Available,
Park #2
Parking Type: Available
Park #3
Parking Type: Private
Pool: None
Approximatly Age: 0-5
Approximatly Square Footage: 3000-3500
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RIGHT AT HOME REALTY
Personal Picture
Sumit Chopra
Broker
Dir:
647-964-2184
Bus:
905-230-3100
Fax:
905-230-8577
 
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At a Glance:
Type: Freehold - Detached
Area: Toronto
Municipality: Toronto C03
Neighbourhood: Humewood-Cedarvale
Style: 3-Storey
Lot Size: x 120.00(Feet)
Approximate Age: 0-5
Tax: $1,071.27
Maintenance Fee: $0
Beds: 8+2
Baths: 5
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
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