Home with vinyl exterior material, street for 500 Atlas Ave, Toronto Ontario M6C 3R3
1 hour on Market

500 Atlas Ave, Toronto, Ontario M6C 3R3

Detached
3 + 1
2
~700-1100 sqft
$1,699,000
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$16,990Cashback
Detached
3 + 1
2
~700-1100 sqft

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Highlights

Property Estimate

Days on market1 hour

Estimated valueNot available

Price/Sqft$1,986/sqft

Monthly cost

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CMA Subject Property

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+12

Properties sold*

$1.6M

Median sold price*

*Based on last 30 days

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.


Property Details

StyleBungalow
View-
Age of property-
SqFt~700-1100 SqFt
Lot Size3,477 SqFt(122 x 28.5)
Parking Spaces1
MLS ®NumberC12280320
Community NameCedarvale
Data SourceTRREB
Listing byROYAL LEPAGE SIGNATURE REALTY

Features

Heating: Water
Cooling: Wall Unit
Basement: Apartment, Fin W/O

Main Floor

Kitchen

5.67 x 2.74

Renovated / Updated / Breakfast Area

Living

5.18 x 3.25

Bay Window / Crown Moulding / hardwood floor

Dining

2.85 x 2.85

Hardwood Floor

Primary

3.88 x 2.88

hardwood floor / Closet


Features

Lot size: 3,477 SqFt

Parking

Garage spaces 1

Garage type Detached

Other parking spaces 0

Total parking spaces 1


Property History

Jul 12, 2025
ListedActive
$1,699,000
1 hour on market
history photo preview49
Listing by trreb®

Market Data - Cedarvale

Geo Zone Map ThumbnailCedarvale

Balanced Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

17 days

Compared to

2024

8 days

2023

5 days

2022

10 days

New Listings

Past 30 days

19 listings

Compared to

2024

15 listings

2023

22 listings

2022

18 listings

Units sold

Past 30 days

8 units

Compared to

2024

12 units

2023

10 units

2022

10 units

Median Sold Price

Past 30 days

$1,642,500

Compared to

2024

$1,599,000

2023

$1,500,000

2022

$1,615,000


Population and Demographics

Overview

Total population 23083
Average household income $179,046

Age (%)

0 to 19
20%
20 to 34
21%
35 to 49
23%
50 to 64
19%
65 and plus
17%

Household composition (%)

Single family
57%
Single person
36%
Multi person
7%
Multi family
0%

Mother tongue (%)

English
72%
Spanish
5%
Tagalog (Pilipino, Filipino)
5%
Portuguese
4%
Italian
3%
Others
3%
French
2%
Greek
1%

House tenancy (%)

Renters
54%
Owners
46%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget