- Bedrooms
- 2+1
- Bathrooms
- 3
- Size
- 1,100–1,500sq ft
- Per sq ft
- $802at the range’s middle
- Lot
- 25 x 98 ft
- Tax a year
- $4,7422026 tax year
- Parking
- 21 detached
- Days on market
- Members
The brief
About 88 Lanark Ave
88 Lanark Ave is a 2+1-bedroom, 3-bathroom detached house in Oakwood Village, Toronto, listed for sale at an asking price of $1,042,000 (MLS® C14156150).
Welcome to 88 Lanark Ave and this recently renovated 2-bedroom 2-bathroom detached in Oakwood Village and steps from to the Oakwood LRT. This updated and charming home features a renovated kitchen with quartz counter tops and stainless steel appliances. Updated washroom with new tiles, vanity, and fixtures. Update flooring in the living, dining, and bedrooms. Updated electrical outlets, switches, and light fixtures throughout. A separate side entrance with basement apartment offers great rental income opportunities. Shared driveway with private garage and yard. This home is perfect for investors, first time buyers, and buyers looking to downsize. Conveniently located just steps from a number of local amenities including shops, grocery stores, schools, parks, restaurants, places of worship, and other vibrant neighborhoods. This home is currently Tenanted. The Buyer must assume the Tenants until the end of their term, February 28, 2027.
Insights
Condition Score
Good78/1002 documented update signals
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall20/100−$2,049/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 16 homes with 3 bedrooms for lease in Oakwood Village right now. Cost of owning counts the mortgage and property tax.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $4,742 / 2026
- MLS® number
- C14156150
- Board
- TRREB MLS®
- Property Type
- Detached
- Days on market
- Size
- 1100-1500 sqft
- Lot Size
- 25 x 98 ft
- Listed on
- Parking
- 1 Detached, 2 Parking
Property details
Property
- Property Type
- Detached
- Style
- 1 1/2 Storey
- Community
- Oakwood Village
- Municipality
- Toronto
Building
- Size
- 1100-1500 sqft
- Construction
- Brick
Inside
- Bedrooms
- 2+1
- Bathrooms
- 3
- Bathroom Details
- 1 × 3pc Bsmt, 2 × 3pc 2nd
- Basement Type
- Apartment
- Kitchens
- 2
Parking
- Garage Type
- Detached
- Garage
- 1
- Additional Parking
- 1
- Total Parking
- 2
Utilities
- Water
- Municipal
- Cooling
- Wall Unit
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 25 ft
- Depth
- 98 ft
- Lot Size
- 25 x 98 ft
Additional
- Foundation
- Block
- Roof
- Asphalt Shingle
- Fireplace
- No
- Pool
- None
- Den
- Yes
- Family room
- Yes
- Extras
- All ELF's, Window coverings, Large appliances (Fridge, Stove, Dishwasher, Hood fan).
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 4.46 × 2.8 m | Vinyl Floor, O/Looks Dining, Large Window | Main |
| Dining | 3.7 × 2.0 m | Vinyl Floor, O/Looks Living, Window | Main |
| Kitchen | 7.0 × 2.35 m | L-Shaped Room, Ceramic Floor, Quartz Counter | Main |
| Primary | 3.52 × 3.96 m | Vinyl Floor, Large Closet, Window | 2nd |
| 2nd Br | 3.55 × 3.05 m | Vinyl Floor, Large Closet, Window | 2nd |
Listing history
Buy/sell history for 88 Lanark Ave, Toronto, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $1,042,000 | N/A | For Sale | C14156150 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $208,400
- Total mortgage amount
- $833,600
- Total interest payment
- $592,600
- Total purchase cost
- $1,634,600
- Mortgage payment
- $4,754/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
54%Monthly carrying cost
$5,149- Rent $3,100
- Shortfall $2,049
Rental income opens at $3,100, the median asking rent of 16 comparable homes for lease in Oakwood Village. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $17,315
- Toronto municipal land transfer tax
- $17,315
- Total land transfer tax
- $34,630
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $26,155
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $1,042,000
- $12,840
- Ontario total
- $17,315
Toronto’s municipal tax uses the same brackets at this price, so it adds another $17,315.
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Yossi Kaplan, MBA, Salesperson for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Lot
- Lot area
- 2,450 sq ft228 m²
- Street frontage
- 25 ft7.6 m
- Depth
- 98 ft29.9 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation4
- Not in Toronto and Region Conservation Authority’s mapped regulated areaAt the address
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m64 test or monitoring holes also recorded.250 m
- Groundwater recorded about 2.8 m below ground nearbyThe middle water level in the well records within 500 m (231 records). It changes with the season and from spot to spot.500 m
Toronto and Region Conservation Authority · Province of Ontario open data
Planning and building activity5
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- 101 building permits issued within 250 m in the last 2 years250 m
- 6 open development applications within 250 mAn application is a proposal: it may change, be refused or never be built.250 m
- Nearest airport: 4.2 km4.2 km
- Mapped parcel: about 2,450 sq ftMeasured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.At the address
Province of Ontario open data · Municipal building permits · Municipal development applications · toronto.parcels
Around the home1
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is City of Toronto — Ingram Transfer Station, 2.2 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Toronto Hydro-Electric System LimitedAt the address
- Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (0 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.At the address
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, CIK Telecom, Dotto One, FibreStream. Cable: Rogers. DSL: Bell. Fixed wireless: Rogers, Routcom, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.
Heritage and ravine protection
Zoning
Permit history
No building permits on file at this address.
Signals around this home
Changing nearby. 6 open development applications within 800 m of this home.
601 OAKWOOD AVESite planUnder Review
INACTIVE Proposed 4 storey mixed use building with 30 residential apartment units and ground floor retail. 12 stacked parking spaces would be located at the rear of the building, with access from adjacent laneway. Rear landscape open space and roof-top amenity area. Concurrent rezoning application.
130 m away601 OAKWOOD AVEOfficial plan or zoning amendmentAppeal Received
Proposed 5 storey mixed use building with 30 residential apartment units and ground floor retail. 12 stacked parking spaces would be located at the rear of the building, with access from adjacent laneway. Rear landscape open space and roof-top amenity area. Concurrent site plan application.
130 m away603 OAKWOOD AVESite planUnder Review
INACTIVE Proposed 4 storey mixed use building with 30 residential apartment units and ground floor retail. 12 stacked parking spaces would be located at the rear of the building, with access from adjacent laneway. Rear landscape open space and roof-top amenity area. Concurrent rezoning application.
130 m away603 OAKWOOD AVEOfficial plan or zoning amendmentAppeal Received
Proposed 5 storey mixed use building with 30 residential apartment units and ground floor retail. 12 stacked parking spaces would be located at the rear of the building, with access from adjacent laneway. Rear landscape open space and roof-top amenity area. Concurrent site plan application.
130 m away605 OAKWOOD AVESite planUnder Review
INACTIVE Proposed 4 storey mixed use building with 30 residential apartment units and ground floor retail. 12 stacked parking spaces would be located at the rear of the building, with access from adjacent laneway. Rear landscape open space and roof-top amenity area. Concurrent rezoning application.
130 m away605 OAKWOOD AVEOfficial plan or zoning amendmentAppeal Received
Proposed 5 storey mixed use building with 30 residential apartment units and ground floor retail. 12 stacked parking spaces would be located at the rear of the building, with access from adjacent laneway. Rear landscape open space and roof-top amenity area. Concurrent site plan application.
130 m away
City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.
The market
Detached homes for sale in Oakwood Village right now
- For sale now
- 34
- Median asking price
- $1.2M
- New in 7 days
- 7
- Price cuts
- 29%
Middle half: $969K to $1.7M
12 in 28 days
10 listings
This home is asking 13% below the median.
See all homes in Oakwood VillageAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Oakwood Station | TTC light rail: Line 5 Eglinton | 150 m |
| Fairbank Station | TTC light rail: Line 5 Eglinton | 500 m |
| Cedarvale Station | TTC subway: Line 1 Yonge-UniversityTTC light rail: Line 5 Eglinton | 700 m |
| Glencairn Station | TTC subway: Line 1 Yonge-University | 1.4 km |
| Mount Dennis Station | TTC light rail: Line 5 EglintonGO Transit train: KitchenerUP Express train | 3.6 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit and UP Express schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| St Thomas Aquinas Catholic SchoolToronto CDSB | Catholic · grades JK–8 | 100 m | 68%Grade 6 average |
| D'Arcy McGee Catholic SchoolToronto CDSB | Catholic · grades JK–8 · French Immersion | 500 m | 55%Grade 6 average |
| Fairbank Public SchoolToronto DSB | Public · grades JK–8 | 500 m | 49%Grade 6 average |
| École élémentaire Charles-SauriolConseil scolaire Viamonde | French-language public · grades JK–8 | 3.3 km | 95%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Forest Hill Collegiate InstituteToronto DSB | Public · grades 9–12 | 2 km | 60%Grade 9 math |
| Oakwood Collegiate InstituteToronto DSB | Public · grades 9–12 · French Immersion | 2.1 km | 44%Grade 9 math |
| Marshall McLuhan Catholic Secondary SchoolToronto CDSB | Catholic · grades 9–12 | 3 km | 59%Grade 9 math |
| École secondaire Toronto OuestConseil scolaire Viamonde | French-language public · grades 9–12 | 4.8 km | 82%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
Similar Active Listings
Recently sold nearby
Sold prices in Oakwood Village are shown to signed-in members.