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500 Atlas Avenue

Humewood-Cedarvale Toronto M6C 3R3

$1,699,000

Residential Freehold beds: 3+1 baths: 2.0

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• Details
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Status:

Active

Prop. Type:

Residential Freehold

MLS® Num:

C12280320

Bedrooms:

3+1

Bathrooms:

2

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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.

General Info:

Property Type:

Residential Freehold

Property Sub Type:

Detached

Home Style:

Bungalow

Total Approx Floor Area:

700-1100

Depth:

122'37.2 m

Frontage:

28'6"8.69 m

Direction Faces:

West

Bedrooms:

3+1

Bathrooms:

2.0

Water supply:

Municipal

Kitchens:

2

Bedrooms Above Grade:

3

Bedrooms Below Grade:

1

Kitchens Above Grade:

2

Rooms Above Grade:

7

Rooms Below Grade:

3

Additional Info:

Heating type:

Water

Heating Fuel:

Oil

Foundation:

Other

Roof:

Other

Basement:

Apartment, Finished with Walk-Out

Fireplace/Stove:

No

Garage:

Detached

Garage Spaces:

1.0

Parking Features:

Lane

Parking Spaces:

0

Total Parking Spaces:

1.0

Family Room:

Yes

Possession Details:

90 Days/Flexible

Pool:

None

Link:

No

Financial Info:

HST Applicable To Sale Price:

Not Subject to HST

Taxes:

$4,828.21 / 2024

Assessment:

$- / -

Listing Area:

Toronto C03

Listing Sub-Area:

Humewood-Cedarvale

County Or Parish:

Toronto

Interior Features:

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

Inclusions:

2x Fridge, 2 xStove, Dishwasher, Microwave, 2x Washer & Dryer, Electrical Fixtures, Freezer

Exclusions:

Furniture on main level

Exterior Finish:

Brick

Room Information:

Floor

Type

Size

Other

Main

Living Room

6'6"1.98 m × 5'1"1.55 m

Bay Window, Crown Moulding, Hardwood Floor

Main

Dining Room

9'1"2.77 m × 9'1"2.77 m

Hardwood Floor

Main

Kitchen

10'7"3.23 m × 8'2"2.49 m

Renovated, Updated, Breakfast Area

Main

Primary Bedroom

10'4"3.15 m × 9'4"2.84 m

Hardwood Floor, Closet

Main

Bedroom 2

9'4"2.84 m × 9'2.74 m

Hardwood Floor, Closet

Main

Bedroom 3

8'7"2.62 m × 3'6"1.07 m

Hardwood Floor, Closet

Basement

Recreation

9'7"2.92 m × 7'4"2.24 m

Fireplace

Basement

Bedroom 4

8'10"2.69 m × 5'6"1.68 m

4 Pc Bath, Walk-In Closet(s)

Basement

Kitchen

9'8"2.95 m × 9'5"2.87 m

Updated

Other Details:

Special Designation:

Unknown

Sewers:

Sewer

Air Conditioning:

Wall Unit(s)

Central Vacuum:

No

Seller Property Info Statement:

No

Listing Info:

Date Listed:

Jul 11, 2025

Original Price:

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Previous Price:

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Listed by ROYAL LEPAGE SIGNATURE REALTY

Data was last updated August 2, 2025 at 08:15 PM (UTC)

Area Statistics

Listings on market:

13

Avg list price:

$2,595,000

Min list price:

$1,675,000

Max list price:

$5,995,000

Avg days on market:

29

Min days on market:

1

Max days on market:

72

These statistics are generated based on the current listing's property type and located in Humewood-Cedarvale. Average values are derived using median calculations. This data is not produced by the MLS® system.

Get market change alerts

• DARYL KING
• RE/MAX HALLMARK REALTY LIMITED
• 1 (905) 9075464
• homes@darylking.com

This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.

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