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.
2 bedrooms, 3 bathrooms, about 1,100 sq ft, works out to roughly $947 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 88 Lanark Ave
Every detail from the listing, in one place.
Type
Detached
Style
1 1/2 Storey
Living space
1100-1500 sq ftas stated on the listing
Parking
2 spacesYes garage
Basement
Apartment, Separate Entrance
Features & systems
Parking & garage
Garage
Yes
Parking spaces
2
Interior
Basement
Apartment · Separate Entrance
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
1 1/2 Storey
Property class
Detached
88 Lanark Ave Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® C14156150$1,042,000
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$5,119
/mo
based on the purchase price of $1,042,000
$208,400 cash
$833,600 financed
$702,110 total interest
Principal54%$833,600
Interest46%$702,110
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Toronto
Other 3–4 bed homes for sale in Toronto around $1.0M.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5190.6%On average, homes sold at or above asking.
Active listings11,908Homes for sale here right now.
Median vs prior 90 days+0.4%Compared with May 10 – Aug 8, 2026: prices up.
Based on 9,132 sales from Aug 8 – Nov 6, 2026 (7,132 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 88 Lanark Ave
How much is 88 Lanark Ave listed for?
88 Lanark Ave is listed at $1,042,000 (MLS® C14156150). Summitly updates the price as soon as the MLS® record changes.
Is $1,042,000 a good price for 88 Lanark Ave?
Summitly rates it Fair Price: the asking price is Within 3% below to 5% above Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 88 Lanark Ave changed?
No — 88 Lanark Ave is still listed at its original asking price of $1,042,000.
How many bedrooms and bathrooms does 88 Lanark Ave have?
88 Lanark Ave has 2 bedrooms and 3 bathrooms, with about 1,100–1,500 square feet of living space. It is a detached home in Toronto.
How much would the monthly mortgage be on 88 Lanark Ave?
About $5,119 a month — principal and interest on $1,042,000 with 20% down ($208,400), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 88 Lanark Ave compare with other homes in Toronto?
Its asking price of $1,042,000 is about 24% above the median sold price in Toronto over the last 90 days, $843,500, across 9,132 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 88 Lanark Ave been sold before?
Yes — Summitly has 1 earlier MLS® listing of 88 Lanark Ave on record. Their prices and dates are shown to signed-in members under TRREB rules: sign in free to see them in the Listing history above.
Where is 88 Lanark Ave?
88 Lanark Ave is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 88 Lanark Ave been on the market?
88 Lanark Ave was listed today (November 6, 2026).
What is the price per square foot of 88 Lanark Ave?
About $695 to $947 per square foot: the asking price of $1,042,000 over the 1,100–1,500 sq ft the listing gives as its size range.
Does 88 Lanark Ave have parking or a garage?
Yes — the listing gives 2 parking spaces. Garage: Yes.
Does 88 Lanark Ave have a basement, and is it finished?
The listing describes the basement as: Apartment, Separate Entrance.
