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$1,699,000

Jul 11Detached For Sale
bedrooms4bed
washrooms8bath
MLS - #C12280320

500 Atlas Avenue, Toronto C03, ON M6C 3R3

6
Similar Homes Found
$1,308,650
Average Price
29.8%
Higher than average

Price Comparison

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licensed real estate agent for accurate comparison.

Property Description

Property type

Detached

Lot size

N/A

Style

Bungalow

Approx. Area

N/A

Room Information

Room TypeDimension (length x width)FeaturesLevel
Living Room5.18 x 3.25 mBay Window, Crown Moulding, Hardwood FloorMain
Dining Room2.85 x 2.85 mHardwood FloorMain
Kitchen5.67 x 2.74 mRenovated, Updated, Breakfast AreaMain
Primary Bedroom3.88 x 2.88 mHardwood Floor, ClosetMain

About 500 Atlas Avenue

Unmatched Opportunity in Coveted Cedarvale. 500 Atlas Avenue sits on a rare double-fronting lot with city-approved severance and plans to split into two lots each ready for a stunning 3-storey custom home, triplex, or fourplex as of right". Your chance to secure two prime lots for just $850K~ each and to capitalize on the generous RM zoning. An unmatched value in this sought-after pocket. inside, the main floor has been tastefully renovated with an open-concept layout, modern kitchen, updated systems, and integrated appliances, perfect for an owner to move in now while collecting income from the legal basement suite (tenant willing to stay or go). This flexible footprint lets you live, rent, or build now or later. Live in the upper unit and offset your mortgage, hold as a cash-flowing duplex, or break ground immediately with your plans ready to go. Located on a quiet street steps to Cedarvale Park and Cedarvale subway station, with quick access to Allen Rd, and all midtown amenities. Whether youre an end-user looking for lifestyle and upside, or a developer ready to unlock the full potential of this unique double frontage, this is an investment that truly checks every box. Seller open to VTB for well qualified buyers. Severance and building plans included. Endless options. Exceptional value. Cedarvales next landmark opportunity awaits.

Home Overview

Last updated

1 day ago

Virtual tour

None

Basement information

Apartment, Finished with Walk-Out

Building size

--

Status

In-Active

Property sub type

Detached

Maintenance fee

$N/A

Year built

--

Listed by ROYAL LEPAGE SIGNATURE REALTY

Additional Details

Basement:Apartment, Finished with Walk-Out
Cooling:Wall Unit(s)
Heating:Water
Parking Features:Lane

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

Location

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Walk Score for 500 Atlas Avenue

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