469 Evans Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Alderwood. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,880,000 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.
- 3 Bedrooms and 2 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 117.23 x 76.13 ft lot
- Features a separate entrance, partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 9.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Water Meter, Storage, In-Law Capability
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
OPPORTUNITY KNOCKS!! This Great Property Features a Rare & OVERSIZED CORNER BUILDING LOT Currently Fronting on Evans Avenue in Highly Desired Toronto's Alderwood Community. Ideal for BUILDERS, DEVELOPERS, INVESTORS & End Users. Currently Zoned RM (U4 x 18) allows for various uses and possibilities. Potential to Severe into 3 or 4 Detached Building Lots, Severe into 2 Lots and Under the Multiplex By-law, construct a fourplex on each lot + a garden suite could also be developed on each lot in addition to the fourplexes. Evans Avenue is designated as a Major Street under the Major Streets By-law, so possible to incorporate a small apartment building with a maximum of 60 units and 6 storey's or townhomes and mixed-use building lots. Various options and possibilities for Buyers to determine their best use, design and value!! Bonus ** Immediate Cashflow Option Featuring a Beautiful Bungalow Home Owned by the Same Family for Over 54 Years, with just over 1340SF, 3 Bedrooms, 2.5 Baths, Open space layout, Full basement, Detached Garage and Beautiful Circular Driveway, the Home is in Pristine Condition & Can Be Easily Rented while working on development plans. Various New Home Build Projects Being Completed in the Area as Pocket Continues to Grow Rapidly with Great Resale Value on New Builds with Smaller Lots Selling for $ 1.8Mil+. All in Prime Neighbourhood with Great Schools, Parks, Shops & Restaurants, Sherway Gardens, Queensway Hospital & More. Commuters Dream with Quick Access to Major Highways QEW, Gardiner, 427, Long Branch Go Station & TTC Stops Right Across the Street. Truly a Great Property with Tons of Opportunity!
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Hospital, Park, Public Transit, Rec./Commun.Centre, School, Lake/Pond
Interior Features
Water Meter, Storage, In-Law Capability
Security Features
Community Features
Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 469 Evans Avenue, Toronto W06, ON M8W 2T6
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 $1,880,000 in Toronto, the legal minimum down payment is $376,000 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 $34,075 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $34,075 also applies, bringing the total estimated land transfer taxes to $68,150.
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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.
