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For sale
  • C$1,699,000

    500 Atlas Ave, Toronto, ON M6C 3R3

    4beds
    2baths
    Single Family Residence
    Built in ----
    3,477 Square Feet Lot
    $-- Zestimate®
    C$--/sqft
    C$-- HOA

    What's special

    Double-fronting lotOpen-concept layoutModern kitchenUpdated systemsIntegrated appliancesLegal basement suiteFlexible footprint
    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.
    15 days
    on Zillow
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    14
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    Zillow last checked: 7 hours ago

    Listing updated: July 19, 2025 at 06:37am

    Listed by:

    ROYAL LEPAGE SIGNATURE REALTY

    Source: TRREB,MLS®#: C12280320MLS LogoOriginating MLS®#: Toronto Regional Real Estate Board

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    Primary bedroom
    • Level: Main
    • Dimensions: 3.88 x 2.88
    Bedroom 2
    • Level: Main
    • Dimensions: 3.72 x 2.88
    Bedroom 3
    • Level: Main
    • Dimensions: 3.06 x 2.79
    Bedroom 4
    • Level: Basement
    • Dimensions: 5.6 x 2.82
    Dining room
    • Level: Main
    • Dimensions: 2.85 x 2.85
    Kitchen
    • Level: Basement
    • Dimensions: 4.65 x 2.92
    Kitchen
    • Level: Main
    • Dimensions: 5.67 x 2.74
    Living room
    • Level: Main
    • Dimensions: 5.18 x 3.25
    Recreation
    • Level: Basement
    • Dimensions: 7.4 x 5.55
    Heating
    • Water, Oil
    Cooling
    • Wall Unit(s)
    Features
    • In-Law Capability, In-Law Suite, Primary Bedroom - Main Floor
    • Flooring: Carpet Free
    • Basement: Apartment,Finished with Walk-Out
    • Has fireplace: No
    Interior area
    • Living area range: 700-1100 null

    Property

    Parking
    • Total spaces: 1
    • Parking features: Lane
    • Has garage: Yes
    Features
    • Pool features: None
    Lot
    • Size: 3,477 Square Feet

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Bungalow
    • Property subtype: Single Family Residence
    Materials
    • Brick
    • Foundation: Other
    • Roof: Other

    Utilities & green energy

    • Sewer: Sewer

    Community & HOA

    Location
    • Region: Toronto

    Financial & listing details

    • Annual tax amount: C$4,828
    • Date on market: 7/11/2025
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