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Front of 500 Atlas Avenue
500 Atlas AvenueToronto (Humewood-Cedarvale)
Terminated
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Ontario Real Estate › Toronto › Humewood-Cedarvale
Front of 500 Atlas Avenue
500 Atlas AvenueToronto (Humewood-Cedarvale)
Terminated
See all 50 photos
DetachedMLS C12280320
Last asked:Terminated Aug 20, 2025
$1,699,000
3+1 Bedrooms
2 Bathrooms
1 Garage
700~1.1K Sq.Ft.
28.5 x 122 ft Lot
$4,828 Tax/yr

Property history

1 rentalSign in to see rented prices
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031

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About this home

500 Atlas Avenue, 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.

Carpet FreeIn-Law CapabilityIn-Law SuitePrimary Bedroom - Main Floor

Facts & features

TypeDetached
StyleBungalow
Size700~1.1K Sq.Ft.
Lot28.5 x 122 ft
Tax$4,828 (2024)
HeatingWater, oil
CoolingWall unit(s)
BasementApartment, finished with walk-out
Parking1 drive
WaterMunicipal

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Rooms

9 rooms · 2 bathrooms
Main floor6 rooms
  • Living room17′ × 10′8″181 sq.ft.
  • Dining room9′4″ × 9′4″87 sq.ft.
  • Kitchen18′7″ × 9′167 sq.ft.
  • Primary bedroom12′9″ × 9′5″120 sq.ft.
  • Bedroom 212′2″ × 9′5″115 sq.ft.
  • Bedroom 310′ × 9′2″92 sq.ft.
Basement3 rooms
  • Recreation24′3″ × 18′3″442 sq.ft.
  • Bedroom 418′4″ × 9′3″170 sq.ft.
  • Kitchen15′3″ × 9′7″146 sq.ft.
Bathrooms2
4-pcMain4-pcBasement
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Around this home

Eglinton/Atlas
10Walking

Schools nearby

School rating, out of 10.

J R Wilcoxelementary · Public · 0.2 km
7.3/10
D'Arcy McGeeelementary · Private · 0.6 km
3.2/10
St Thomas Aquinaselementary · Private · 0.6 km
8.2/10

Listing details

MLS® numberC12280320
Listed onJul 11, 2025
Days on market40
UpdatedAug 20, 2025
Listing brokerageROYAL LEPAGE SIGNATURE REALTY
Possession2025-10-09 / Flexible

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