556 Atlas Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Humewood-Cedarvale. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $999,000 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 3 Bathrooms
- Premium 25 x 80 ft lot size
- Features a partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 0.0 total parking spaces available
- Notable attributes: Carpet Free
- Efficient water heating via gas
Description
Opportunity awaits at 556 Atlas Avenue! Located in the Humewood-Cedarvale area, this prime property is a rare gem offering endless possibilities for customization on a 25-foot-wide lot. The home boasts 3 spacious bedrooms, 3 bathrooms, and a recently updated main floor. The second-floor bedrooms are generously sized, offering ample living space. The partially finished basement features a recreation room, laundry area, and a separate entrance, which could easily be converted into a separate in-law suite. This amazing location is just steps away from the upcoming LRT line and Allen Road, making commuting a breeze. Enjoy the convenience of being a short walk from the shops and restaurants on Eglinton Avenue and the scenic trails of Cedarvale Park. Don't miss your chance to own in this highly sought-after neighbourhood! **EXTRAS** Owner & neighbour park in driveway.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Library, Park, Place Of Worship, Public Transit, Rec./Commun.Centre, School
Interior Features
Carpet Free
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 556 Atlas Avenue, Toronto C03, ON M6C 3R6
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 $999,000 in Toronto, the legal minimum down payment is $74,900 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 $16,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $16,455 also applies, bringing the total estimated land transfer taxes to $32,910.
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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.
