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$2,249,000
Toronto
33 Lanark Avenue, Toronto (Oakwood Village), Ontario, M6C2B5
This multi-family property in Toronto is for sale offering roughly 2,750 sq ft of space. It has been on the market 51 days, fresher than the Toronto average of 58 days.
An exceptional architectural residence where inspired design, everyday luxury and intelligent homeownership come together. This distinctive legal multiplex offers a lifestyle rarely found in the city, featuring an expansive four-bedroom owner's residence and two beautifully finished, self-contained two-bedroom suites. Thoughtfully designed for comfort, privacy, and functionality, it provides the opportunity to enjoy elevated living while generating meaningful rental income to help offset monthly carrying costs and build long-term financial security. Set in the heart of vibrant Oakwood Village, this property is surrounded by beautiful parks, schools, cafes, local restaurants, and everyday conveniences, with effortless access to downtown Toronto and just a two-minute walk to the LRT. Ideal for multi-generational living, growing families, or homeowners seeking luxury with built-in income potential, this is more than a home - it's a smart investment in your lifestyle and your future. Live beautifully, enjoy flexibility, and let your property work for you. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 51 days on market, against an average age of 58 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This 8-bed multi-family in Toronto (Oakwood Village) has been listed for 51 days, which is 7 days fresher than the city average of 58. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $2,249,000, about 24.7× the local median household income of $91,000.
Carrying it typically needs a household income of about $439,308 (20% down, 25-yr amortization, stress-tested) — roughly 383% above the area median.
Source: Statistics Canada, 2021 Census (FSA M6C)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.