Photo of 526 Westmount AvenueJust Listed
$2,499,000
526 Westmount Avenue
***MOTIVATED SELLER! *** An exceptional development opportunity in one of Toronto's rapidly evolving corridors. 39 Lanark Ave comes with approved permits for a substantial addition/extension, allowing for a custom 2-storey residence exceeding 2,600 sq.ft. Above-grade, a rare head start that saves significant time and soft costs for builders and investors. The property also features rear garage access with strong potential for a Garden Suite (1-bedroom), offering an attractive multi-unit income strategy in line with Toronto's intensification trends. Strategically located near Eglinton Crosstown LRT, Allen Road, and major transit routes, this site benefits from excellent connectivity, strong rental demand, and long-term growth upside. Ideal for developers, builders, and savvy investors looking to capitalize on a permit-ready project with expansion and income potential. The existing home also provides interim usability for end-users or holding income. A rare opportunity to build, expand, and maximize value in a high-demand Toronto neighbourhood.
| MLS® Number | C13429378 |
| Status | Active |
| Listing Type | For Sale |
| Property Type | Single Family Home |
| Interior Size | 1,100 sq ft |
| Beds / Baths | 4 bed · 3 bath |
| City | Forest Hill / Deer Park |
| Postal Code | M6C 2B5 |
| Province | ON |
| Listed Date | June 11, 2026 |
| Days on Market | 2 |
| Price per Sq Ft | $932 |
| Brokerage | RE/MAX HALLMARK REALTY LTD. |
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