Subependymoma of the cord are rare tumors with very few cases described in the literature. They represent a diagnostic dilemma as far as imaging and histopathology is concerned. They are biologically benign with low proliferative index, hence postoperative prognosis is very good. We present a case of a 42-year-old male patient with an intramedullary Subependymoma located within the central canal of thoracic region cord. On imaging with T1-weighted and T2-weighted sequences it mimicked syringohydromyelia, however, on heavily T2-weighted images the tumor located within the central canal could be delineated. The tumor was excised with complete recovery.