$1,699,000
Available - For Sale
Listing ID: C12280320
500 Atlas Aven , Toronto, M6C 3R3, Toronto
| 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. |
| Price | $1,699,000 |
| Taxes: | $4828.21 |
| Occupancy: | Owner |
| Address: | 500 Atlas Aven , Toronto, M6C 3R3, Toronto |
| Directions/Cross Streets: | Eglinton/Atlas |
| Rooms: | 7 |
| Rooms +: | 3 |
| Bedrooms: | 3 |
| Bedrooms +: | 1 |
| Family Room: | T |
| Basement: | Apartment, Finished wit |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Main | Living Ro | 16.99 | 10.66 | Bay Window, Crown Moulding, Hardwood Floor |
| Room 2 | Main | Dining Ro | 9.35 | 9.35 | Hardwood Floor |
| Room 3 | Main | Kitchen | 18.6 | 8.99 | Renovated, Updated, Breakfast Area |
| Room 4 | Main | Primary B | 12.73 | 9.45 | Hardwood Floor, Closet |
| Room 5 | Main | Bedroom 2 | 12.2 | 9.45 | Hardwood Floor, Closet |
| Room 6 | Main | Bedroom 3 | 10.04 | 9.15 | Hardwood Floor, Closet |
| Room 7 | Basement | Recreatio | 24.27 | 18.2 | Fireplace |
| Room 8 | Basement | Bedroom 4 | 18.37 | 9.25 | 4 Pc Bath, Walk-In Closet(s) |
| Room 9 | Basement | Kitchen | 15.25 | 9.58 | Updated |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 4 | Ground |
| Washroom Type 2 | 4 | Basement |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Total Area: | 0.00 |
| Property Type: | Detached |
| Style: | Bungalow |
| Exterior: | Brick |
| Garage Type: | Detached |
| (Parking/)Drive: | Private |
| Drive Parking Spaces: | 0 |
| Park #1 | |
| Parking Type: | Private |
| Park #2 | |
| Parking Type: | Private |
| Pool: | None |
| Approximatly Square Footage: | 700-1100 |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Water |
| Central Air Conditioning: | Wall Unit(s |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| ROYAL LEPAGE SIGNATURE REALTY |
|
|
Gary Singh
Broker
Dir:
416-333-6935
Bus:
905-475-4750
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Freehold - Detached |
| Area: | Toronto |
| Municipality: | Toronto C03 |
| Neighbourhood: | Humewood-Cedarvale |
| Style: | Bungalow |
| Tax: | $4,828.21 |
| Beds: | 3+1 |
| Baths: | 2 |
| Fireplace: | N |
| Pool: | None |
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