374 Atlas Avenue, Toronto, ON
Property Highlights
Welcome to this remarkable 2-Storey triplex located in the coveted neighborhood of Oakwood Village. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,799,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Generous living space spanning 2000-2500 sqft on a premium 30.51 x 95.83 ft lot
- Features a apartment basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available
- Notable attributes: Workbench
- Efficient water heating via gas
Description
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-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.
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Key Features
Additional Details
Property Details
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Features
Property Features
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Interior Features
Workbench
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Location
Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 374 Atlas Avenue, Toronto C03, ON M6C 3P9
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $1,799,000 in Toronto, the legal minimum down payment is $359,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $32,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $32,455 also applies, bringing the total estimated land transfer taxes to $64,910.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
