48 Lanark Avenue, Cedarvale, Toronto

48 Lanark Avenue

Cedarvale, Toronto

48 Lanark Avenue

Cedarvale, Toronto

$2,574,000

Bedroom icon8 Bed
Bathroom icon5 Bath
Squarefootage icon3,000 sqft

About this Detached

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.

Listed by RIGHT AT HOME REALTY.

Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Brixwork for your convenience.
Disclaimer: This representation is based in whole or in part on data generated by the Brampton Real Estate Board, Durham Region Association of REALTORS®, Mississauga Real Estate Board, The Oakville, Milton and District Real Estate Board and the Toronto Real Estate Board which assumes no responsibility for its accuracy.

Browse Photos

Features

  • MLS®: C12414788
  • Type: Detached
  • Bedrooms: 8
  • Bathrooms: 5
  • Square Feet: 3,000 sqft
  • Lot Size: 3,000 sqft
  • Frontage: 25.00 ft
  • Depth: 120.00 ft
  • Taxes: $10,071.27 (2025)
  • Parking: 1 Detached
  • Basement: Finished with Walk-Out
  • Year Built: 2020
  • Style: 3-Storey

Contact me now to see this property in person!

416.960.9995