2,000 - 2,500 ft2
None
$1,799,000
Attention investors and developers! This is 374 Atlas Avenue - a rare, fully vacant detached houseplex offering a true blank canvas for investors and end-users alike. With front and side entrances and separate staircases, the layout presents a great potential to complete as a 3 x spacious 2-bedroom units or to reconfigure into a highly efficient 6 x 1-bedroom unit setup.Situated at the border of the Cedarvale neighbourhood, just minutes to Cedarvale Station -formerly Eglinton West Station- interchange of Line 1 & Line 5 LRT, this location delivers exceptional transit connectivity with quick access to Allen Road and Highway 401. Located next door to Laughlin Park with playground and family-friendly amenities, the property is also steps away from one of Toronto's hidden gems, Cedarvale Park: it offers scenic ravine trails connecting to Beltline, tennis courts, sports fields, off-leash dog areas, summer splash pad, ice rink arena, and winter tobogganing hills - perfect for year-round recreation.The property includes a private driveway with 4 parking spaces at the rear. With the City's Official Plan Amendment (effective June 2025) supporting increased density, this asset offers strong potential to achieve a 5%+ cap rate depending on execution. Whether you're looking to renovate, optimize, or redevelop, this is a compelling value-add opportunity in a rapidly evolving pocket of the city with many new-builds and multiplexes already established. Buyers and their representatives to conduct their own due diligence. (id:39551)
Property Details
|
MLS® Number
|
C12955194 |
|
Property Type
|
Multi-family |
|
Community Name
|
Oakwood Village |
|
Amenities Near By
|
Park, Public Transit, Schools |
|
Parking Space Total
|
4 |
|
Structure
|
Shed |
Building
|
Basement Features
|
Apartment In Basement |
|
Basement Type
|
N/a |
|
Cooling Type
|
None |
|
Exterior Finish
|
Brick |
|
Foundation Type
|
Brick |
|
Stories Total
|
2 |
|
Size Interior
|
2,000 - 2,500 Ft2 |
|
Type
|
Triplex |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Land Amenities
|
Park, Public Transit, Schools |
|
Sewer
|
Sanitary Sewer |
|
Size Depth
|
95 Ft ,9 In |
|
Size Frontage
|
30 Ft ,6 In |
|
Size Irregular
|
30.5 X 95.8 Ft ; *right Of Way |
|
Size Total Text
|
30.5 X 95.8 Ft ; *right Of Way |
https://www.realtor.ca/real-estate/29555485/374-atlas-avenue-toronto-oakwood-village-oakwood-village