Opportunity knocks at 43 Lanyard Rd! Whether you're an investor, renovator, first-time buyer, or someone looking to build equity, this property offers outstanding potential at an affordable price point. Featuring a spacious backsplit layout with 5 bedrooms, 2 kitchens, and separate side entrance access to both the main and lower levels, this home offers exceptional flexibility for extended family living, an in-law suite, or future income potential. With the addition of a simple partition wall, the layout lends itself perfectly to a potential 2-bedroom upper unit and 2+1 bedroom lower unit configuration (buyer to conduct their own due diligence regarding future use). Generous principal rooms, soaring lofted ceilings, and a functional floor plan provide the perfect canvas for your renovation ideas and personal touches. Whether you're looking to create your dream home or a strong income-producing property, the upside here is undeniable. Outside, you'll find one of the deepest lots on the street, offering plenty of space for outdoor entertaining, gardening, or simply enjoying your own private backyard retreat. The detached workshop/shed is an added bonus and has all the makings of the ultimate workshop, hobby space, storage area, or future man cave. New metal roof 2025. Conveniently located close to shopping, restaurants, schools, parks, transit, and major highways, this is a rare opportunity to purchase a property with tremendous potential in an established neighbourhood.Bring your imagination, your toolbox, and your vision. The possibilities are endless.
Data was last updated June 23, 2026 at 04:15 PM (UTC)
Area Statistics
Listings on market:
82
Avg list price:
$908,950
Min list price:
$695,000
Max list price:
$1,799,000
Avg days on market:
26
Min days on market:
1
Max days on market:
280
These statistics are generated based on the current listing's property type
and located in
Toronto W05. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.