Homes for sale - 48 Lanark AVE, Toronto C03, ON M6C 2B4

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LiLiT Hakobyan

lilithak@yahoo.com +1(416) 816-5514

$ 2,749,000

Est. payment | -/mo

8 Beds

5 Baths

Save

$ 2,749,000

Est. payment | -/mo

Save

8 Beds

5 Baths

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3500-5000

MLS Listing ID C10929868

Style 3-Storey

Bedrooms 8

Annual Tax Amount $10,071

Tax Year 2024

Property Description

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.

Location

Province ON

County Toronto

Community Humewood-Cedarvale

Area Toronto

Region Humewood-Cedarvale

City Region Humewood-Cedarvale

Rooms

Family Room Yes

Basement Finished with Walk-Out

Kitchen 2

Separate Den/Office 2

Interior

Interior Features Accessory Apartment

Cooling Central Air

Fireplace No

Heat Source Gas

Exterior

Parking Features Available, Private, Lane

Garage Spaces 1.0

Pool None

Roof Type Asphalt Shingle

Lot Depth 120.0

Total Parking Spaces 1

Building

Foundation Poured Concrete

Listed by RIGHT AT HOME REALTY

"My job is to deliver more results for you when you are buying or selling your property! "

+1(416) 816-5514

lilithak@yahoo.com

8854 Yonge St, L4C 0T, Hill, Ontario, Canada

48 Lanark AVE Toronto C03, ON M6C 2B4