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New2 days ago

33 Lanark Avenue

Oakwood Village, Toronto

$2,449,000

Detached|3-Storey
6 | 5 | 5
About this home

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, cafés, 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.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style3-Storey
Approx. AgeNot available
Size2500-3000 sq. ft.
Property Tax$9,238
Lot Size25 ft x 117.84 ft
mls© NumberC13643676
Listed ByRE/MAX REALTRON BARRY COHEN HOMES INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$12,535
Property tax
$770
Heat allowance
$150
Housing costs
$13,455 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $489,800
25-yr amortization

Income needed

$414,000

gross annual household income

Payment at 4%
$10,306 / mo
Cash down
$489,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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