$1,799,000
374 Atlas Avenue, Toronto, ON M6C 3P9
0 beds0 baths4 parking 2000-2500 ft²
Key facts
- MLS®
- C12955194
- Status
- New
- Type
- Triplex
- Taxes
- $0
- Size
- 2000-2500 ft²
- Parking
- 4 total
- Listed
- 2026-04-03
- Brokerage
- THE AGENCY
- Cross street
- Eglinton & Marlee
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.
IDX listing data provided by AMPRE / TRREB. Information is believed reliable but not guaranteed.