Detached House for sale at 500 Atlas Avenue, Toronto, Ontario, M6C 3R3 - Humewood-Cedarvale - MLS: C12280320

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500 Atlas Avenue

Toronto, Ontario, M6C 3R3 - Humewood-Cedarvale

$1,699,000

Neighbourhood

Humewood-Cedarvale
Major Intersection

Eglinton/Atlas

Listed Since: 4 day(s)
Last update: today

Overview

Property Type

Detached, Bungalow
Bedrooms

3 + 1
Bathrooms

2
Basement

Apartment + Fin W/O
Kitchen

2
Total Parking

1 Detached Garage
Lot Size

28.5x122 (Feet)
Taxes

$4,828.21 (2024)
Type

Freehold

Property Description

Property description for 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.

Listed by ROYAL LEPAGE SIGNATURE REALTY

Property details

MLS #

C12280320
Sq. Ft

700-1100
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

Available Upon Request
Pool

None
Drive

Private
Garage

Detached, 1 spaces
Total Parking

1
Family Room

Y
Den

Y
Exterior

Brick
Fireplace

N
Roof

Other
Foundation

Other
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

Water
A/C

Wall Unit
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

MLS #

C12280320
Sq. Ft

700-1100
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

Available Upon Request
Pool

None
Drive

Private
Garage

Detached, 1 spaces
Total Parking

1
Family Room

Y
Den

Y
Exterior

Brick
Fireplace

N
Roof

Other
Foundation

Other
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

Water
A/C

Wall Unit
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

Living

5.18 x 3.25 ft Main level

Bay Window, Crown Moulding, hardwood floor
Dining

2.85 x 2.85 ft Main level

Hardwood Floor
Kitchen

5.67 x 2.74 ft Main level

Renovated, Updated, Breakfast Area
Primary

3.88 x 2.88 ft Main level

hardwood floor, Closet
2nd Br

3.72 x 2.88 ft Main level

hardwood floor, Closet
3rd Br

3.06 x 2.79 ft Main level

hardwood floor, Closet
Rec

7.4 x 5.55 ft Bsmt level

Fireplace
4th Br

5.6 x 2.82 ft Bsmt level

4 Pc Bath, W/I Closet
Kitchen

4.65 x 2.92 ft Bsmt level

Updated

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Property History

Property history for 500 Atlas Avenue, Toronto

This property has been sold 5 times before. Create your free account to explore sold prices, detailed property history, and more insider data.

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Local Real Estate Price Trends for Detached in Humewood-Cedarvale

Active listings

Average Selling Price of a Detached

June 2025

$2,167,800

Last 3 Months

$2,205,464

Last 12 Months

$2,021,989

June 2024

$2,113,286

Last 3 Months LY

$2,004,129

Last 12 Months LY

$2,045,381

Change

10%

Change

-1%

Historical Average Selling Price of a Detached in Humewood-Cedarvale

Average Selling Price

3 years ago

$2,318,170

Average Selling Price

5 years ago

$1,599,500

Average Selling Price

10 years ago

$1,114,950

Change

-6%

Change

36%

Change

94%

Average Selling price

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Closing Cost Calculator

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First time home buyer

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Down Payment(%)*

Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.