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About the Listing 350300 -
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.
Listing Highlights
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Apartment
- Other: Workbench
- Water:
Exterior Details
- Lot Description: Irregular Lot
- Garage Capacity: 1 car
- Roof: Asphalt Shingle
- Others:
- Sewer: Sewer
- Parking Features: Private,No Garage
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
374 Atlas Ave Toronto, ON M6C 3P9
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