
50A Lanark Avenue
Toronto - Humewood-Cedarvale
50A Lanark Avenue
Toronto - Humewood-Cedarvale
Listed For $2,065,000
Get Pre-approvedTerminated 4 months ago

Toronto - Humewood-Cedarvale
Toronto - Humewood-Cedarvale
Listed For $2,065,000
Get Pre-approvedTerminated 4 months ago
75% VTB available. Newly constructed, custom 3-unit property with primary home (main house), legal basement suite and rear coach house.The 3-storey primary home has 4-bedrooms, 4-bathrooms (50B Lanark main unit currently rented for $5,150/month). The 3-bedroom Rear coach house was leased for $3,200/month, and the 2-bedroom basement suite, which is accessible by a separate exterior entrance at the rear, was leased for $2,250/month. Approximated annual rent of $127,800 and net operating income of $113,000 (see financials attachment to this listing). The primary home has been left vacant to provide optionality to the buyer to decide whether to live in the main unit or rent it out. Because of the unique separation between the primary home and the basement suite/coach house, Buyers can choose t
* Values are estimates only and not a guarantee of lending or affordability.
Compare with similar recently sold properties nearby