Toronto (humewood-cedarvale), ON M6C3R3,500 ATLAS AVENUE
Toronto (humewood-cedarvale), ON M6C3R3,500 ATLAS AVENUE
Toronto (humewood-cedarvale), ON M6C3R3,500 ATLAS AVENUE
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$1,699,000
Est. payment /mo
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4 Beds
2 Baths
700 SqFt
Active

500 ATLAS AVENUE Toronto (humewood-cedarvale), ON M6C3R3

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Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 700 sqft

Price per Sqft $2,427

Subdivision Humewood-Cedarvale

MLS® Listing ID C12280320

Style Bungalow

Bedrooms 4

Property Sub-Type Freehold

Source Toronto Regional Real Estate Board

Property Description

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. (id:24570)

Location

Province ON

Rooms

Kitchen 2.0

Extra Room 1 Basement 7.4 m X 5.55 m Recreational, Games room

Extra Room 2 Basement 5.6 m X 2.82 m Bedroom 4

Extra Room 3 Basement 4.65 m X 2.92 m Kitchen

Extra Room 4 Main level 5.18 m X 3.25 m Living room

Extra Room 5 Main level 2.85 m X 2.85 m Dining room

Extra Room 6 Main level 5.67 m X 2.74 m Kitchen

Interior

Heating Hot water radiator heat

Cooling Wall unit

Flooring Hardwood

Exterior

Parking Features Yes

View Y/N No

Total Parking Spaces 1

Private Pool No

Building

Story 1

Sewer Sanitary sewer

Architectural Style Bungalow

Others

Ownership Freehold


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Mica Sadler

CEO | REALTOR®

+1(519) 589-3521

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500 ATLAS AVENUE