ON > Toronto C03 > Humewood-Cedarvale
Toronto C03, ON M6C 3R3,500 Atlas AVE
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Toronto C03, ON M6C 3R3,500 Atlas AVE
Toronto C03, ON M6C 3R3,500 Atlas AVE
Toronto C03, ON M6C 3R3,500 Atlas AVE
Toronto C03, ON M6C 3R3,500 Atlas AVE
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Mahesh Mehra

Mahesh Mehra

+1(416) 820-0094
$ 1,699,000
Est. payment /mo
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500 Atlas AVE Toronto C03, ON M6C 3R3

4 Beds

2 Baths

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 700-1100

Subdivision Humewood-Cedarvale

MLS Listing ID C12280320

Style Bungalow

Bedrooms 4

Annual Tax Amount $4,828

Tax Year 2024

Property Sub-Type Detached

Lot Depth 122.0

Lot Front 28.5

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.

Location

Province ON

County Toronto

Community Humewood-Cedarvale

Area Toronto

Rooms

Family Room Yes

Basement Apartment, Finished with Walk-Out

Kitchen 2

Separate Den/Office 1

Interior

Interior Features Carpet Free, In-Law Capability, In-Law Suite, Primary Bedroom - Main Floor

Cooling Wall Unit(s)

Fireplace No

Heat Source Oil

Exterior

Parking Features Private

Garage Spaces 1.0

Pool None

Roof Type Other

Lot Frontage 28.5

Lot Depth 122.0

Total Parking Spaces 1

Building

Foundation Other

Listed by ROYAL LEPAGE SIGNATURE REALTY

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agent
Mahesh Mehra

Agent | N/A 4731525

+1(416) 820-0094 | mahesh@zuminrealestate.ca

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500 Atlas AVE