Sales Representative
A highly successful and experienced real estate agent, Ken has been serving clients in the Greater Toronto Area for almost two decades.
Price
$1,025,000
Bedrooms
4 Beds
Bathrooms
3 Baths
Size
1100-1500 sqft
Year Built
Not listed
Property Type
House
Property Taxes
$5150
***MOTIVATED SELLER! *** An exceptional development opportunity in one of Toronto's rapidly evolving corridors. 39 Lanark Ave comes with approved permits for a substantial addition/extension, allowing for a custom 2-storey residence exceeding 2,600 sq.ft. Above-grade, a rare head start that saves significant time and soft costs for builders and investors. The property also features rear garage access with strong potential for a Garden Suite (1-bedroom), offering an attractive multi-unit income strategy in line with Toronto's intensification trends. Strategically located near Eglinton Crosstown LRT, Allen Road, and major transit routes, this site benefits from excellent connectivity, strong rental demand, and long-term growth upside. Ideal for developers, builders, and savvy investors looking to capitalize on a permit-ready project with expansion and income potential. The existing home also provides interim usability for end-users or holding income. A rare opportunity to build, expand, and maximize value in a high-demand Toronto neighbourhood.
Dimensions
5.29' × 3.13'
Features
Window
Dimensions
3.48' × 3.21'
Features
carpet free, window
Dimensions
3.63' × 4.04'
Features
carpet free, window
Dimensions
3.52' × 3.5'
Features
Window
Dimensions
3.62' × 3.15'
Features
Window
Dimensions
5.3' × 3.07'
Features
Dimensions
3.63' × 4.04'
Features
carpet free, window
Dimensions
5.29' × 3.13'
Features
Window
Dimensions
3.52' × 3.5'
Features
Window
Dimensions
3.62' × 3.15'
Features
Window
Dimensions
5.3' × 3.07'
Features
Dimensions
3.48' × 3.21'
Features
carpet free, window
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Contact MeTotal Monthly Payment
$4,612 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$820,000
Total Interest Payments
$505,580
Total Payment (Principal + Interest)
$1,325,580
Estimated Net Proceeds
$68,000
Realtor Fees
$25,000
Total Selling Costs
$32,000
Sale Price
$500,000
Mortgage Balance
$400,000
Toronto, ON M6E 3H4
Listed By: SUTTON GROUP-ASSOCIATES REALTY INC.
Toronto, ON M6C 3Z2
Listed By: HOMELIFE REGIONAL REALTY LTD.
Toronto, ON M6C 3X7
Listed By: RIGHT AT HOME REALTY
Toronto, ON M6C 3W3
Listed By: RIGHT AT HOME REALTY
A highly successful and experienced real estate agent, Ken has been serving clients in the Greater Toronto Area for almost two decades. Born and raised in Toronto, Ken has a passion for helping people find their dream homes and investment properties has been the driving force behind his success. He has a deep understanding of the local real estate market, and his extensive knowledge and experience have earned him a reputation amongst his clients as a trusted and reliable partner when dealing with their real estate needs.
