62 Lanark Ave
Oakwood Village, Toronto, M6C 2B5
FOR SALE
$1,500,000
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2 + 2
BEDROOMS2
BATHROOMS1 + 1
KITCHENS5 + 4
ROOMSC10429882
MLSIDContact Us
Property Description
Attention builders, renovators, and investors Rare Opportunity in Coveted Oakwood Village! This legal duplex is brimming with possibilities! Transform it into a multi-residential income property, build your dream home, or explore the potential for a garden suite (subject to city approval). Situated just steps from the new Eglinton Crosstown LRT Oakwood Station, this property is ideally located in a neighborhood undergoing significant transformation. Enjoy the vibrant lifestyle of St. Clair Village, surrounded by amazing restaurants, boutique shops, parks, and top-rated schools, including Leo Beck School. Proximity to Cedarvale Park ensures access to green spaces and outdoor activities. This home features 2+2 bedrooms, a basement with two separate entrances, a detached garage, and a driveway with parking for two cars. With a fantastic walkability score and easy access to the Allen and Hwy 401, convenience is at your doorstep. Be part of the exciting revitalization of Eglinton West and watch your real estate investment thrive in the near future. Don't miss this incredible opportunity!
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2019-04-08 | 2019-07-10 | 93 | $1,250,000 | - | Expired |
Nearby Intersections
Property Features
Library, Park, Place Of Worship, Public Transit, Rec Centre, School
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Lot Size
28' x 84'
Fronting
South
Taxes
$3,848 (2024)
Basement
Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Front Yard
Garage Type
Detached
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Main | 10.50' x 15.42' | Hardwood Floor, Open Concept |
Dining | Main | 8.20' x 10.50' | Open Concept, Hardwood Floor |
Kitchen | Main | 8.53' x 9.84' | Ceramic Floor, B/I Appliances, Open Concept |
Br | Main | 9.84' x 12.14' | Hardwood Floor, O/Looks Backyard, Closet |
2nd Br | Main | 9.19' x 9.84' | Hardwood Floor, O/Looks Backyard, Closet |
3rd Br | Bsmt | 9.84' x 13.12' | Window |
4th Br | Bsmt | 8.20' x 9.84' |
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Toronto Market Statistics
Toronto Price Trend
62 Lanark Ave is a 2-bedroom 2-bathroom home listed for sale at $1,500,000, which is $388,926 (35.0%) higher than the average sold price of $1,111,074 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 2 bedroom home in Toronto declined by $80,620 (6.8%) compared to the previous 30 day period (September 21 - October 20) and up $1,466 (0.1%) from the same time one year ago.Inventory Change
There were 148 2-bedroom homes listed in Toronto over the last 30 days (October 21 - November 19), which is down 33.0% compared with the previous 30 day period (September 21 - October 20) and down 6.9% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Toronto typically sold ($5,553) (0.5%) below asking price over the last 30 days (October 21 - November 19), which represents a $12,321 decrease compared to the previous 30 day period (September 21 - October 20) and $7,439 less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 2-bedroom homes in Toronto over the last 30 days (October 21 - November 19) stood at 83.8%, up from 46.2% over the previous 30 days (September 21 - October 20) and up from 66.7% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom home in Toronto stood at 32 days when successfully sold over the last 30 days (October 21 - November 19), compared to 50 days before being removed from the market upon being suspended or terminated.Listing contracted with Right At Home Realty
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