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Listed price in listed location currency (CAD).
$1,999,000

951

MLS® C12871122

Overview

Key Facts

Type Triplex
Levels Residential
Size -
Garage Yes
Taxes $10,195
Days Active 0
Lot Size 
Approx. Age 
MLS® Number C12871122

Property Address: 50 Lanark Ave, York, ON, M6C2B4

Average square foot calculated using Size range provided by listing agent.

Description

Newly constructed, fully tenanted custom 3-unit property with primary home, legal lower suite and rear coach house. Rare unit mix with 4-bedroom Main House, 3-Bedroom Coach house and 2-bedroom lower suite (no 1-bedroom units) attracts long-term stable tenants. Net operating income of $110k (see financials). The proximity to Cedarvale Park, Leo Baeck Day School and newly opened Eglinton Crosstown drives rental demand. Because of the unique separation between the primary home and lower suite/coach house, buyers can choose to live in the private primary home while earning substantial income from lower suite/coach house. The units are thoughtfully designed to provide privacy/separation to all tenants (most other multiplexes have stacked units). New construction equals very low maintenance costs/upkeep. Option for a VTB of up to $500k with competitive terms. Mirror image neighbour property at 50B Lanark Ave also available for those looking for a fully tenanted 6-unit income property earning $220k in NOI.
MLS® NumberC12871122
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age
BasementSeparate Entrance, Apartment
DrivewayGarage Type:Detached
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 11, 2026List Date
$1,999,000List Price
00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price

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