48 LANARK AVENUE, Toronto, Ontario M6C 2B4
$2,990,000.00
- 10 bedrooms
- 5 bathrooms
New 5-Bedroom custom home with a large 3-bedroom / 2-bathroom rear coach house (laneway suite) that will supplement your income by approximately $50,000 per year. The coach house was rented for the past year at $3,920/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, ... read more
New 5-Bedroom custom home with a large 3-bedroom / 2-bathroom rear coach house (laneway suite) that will supplement your income by approximately $50,000 per year. The coach house was rented for the past year at $3,920/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. Home and Coach house were completed in June 2023 and were tenanted until August 2024. Speak to your mortgage broker for information on qualifying for a mortgage using supplemental rental income from secondary suites. (id:25417)
- Listing ID: C9304236
- Property Type: Single Family
Property | |
---|---|
Ownership: | Freehold |
Lot Size: | 25 by 120 FT |
Parking: | Garage 1 Spaces |
Building | |
---|---|
Type: | Single Family House |
Appliances: | Window Coverings |
HVAC: | Central Air Conditioning, Fireplace and Forced Air Natural Gas |
Exterior: | Brick and Stucco |
Basement: | N/A (Finished) |
Utilities: | Sanitary Sewer |
Location | |
---|---|
City: | Toronto |
Province: | Ontario |
Book a showing to see this Lanark Avenue Home in Toronto
This property has so much to offer. Book a private showing now, as you do not want to miss out on 48 LANARK AVENUE in Toronto, Ontario!
Private Showing Request
Send a request to book a private showing for
.
Please Note: Information you supply in the contact form will be kept fully confidential.
Is this home the right property for you? Start a conversation to find out.
Get Directions to this Property
Not sure where this property is? Get directions to this Lanark Avenue Home in Toronto.
Provided by RIGHT AT HOME REALTY. MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.
This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association.
Have questions or need more information about this home? Don't know where to begin? Then, let us connect you with the best real estate agent to guide you.
Inquiries submitted through this website will be responded to by a local sales representative from Royal LePage®.
Start a Conversation by Text
Provide your full name, phone and email to start a conversation by text message.
Please Note: Information you supply in the contact form will be kept fully confidential.
Start a Conversation by Email
Provide your full name and email to start a conversation by email.
Please Note: Information you supply in the contact form will be kept fully confidential.