$1,149,000
Toronto
180 Atlas Avenue, Toronto (Oakwood Village), Ontario, M6C3P5
This 3-bedroom, 2-bathroom home in Toronto is for sale offering roughly 1,300 sq ft of space. Its $1,149,000 asking price sits right in line with the $1,149,000 median in Toronto. It has been on the market 45 days, fresher than the Toronto average of 59 days.
Attention End Users, Builders & Investors - A Rare 25 x 120 Lot in the Humewood Public School Catchment. For close to six decades, this home has been the heart of one family - the backdrop to holidays, milestones, and everyday memories. That warmth is still here, and for an end user ready to update and make it their own, it's a rare chance to restore a solid home with real character in a coveted neighbourhood. Higher ceilings on both the main and upper floors give it an airy, elevated feel that's genuinely tough to find, while a large private backyard and a private driveway with room for multiple cars - a true rarity in the area - round out a home you can move into and reimagine over time.But the real story is the opportunity. Set on a spectacular 25 x 120 foot lot with width and depth rarely found among surrounding homes, this is a standout development and value-add play. Renovate for end use, hold for income, build to suit, or take the redevelopment route: an ideal candidate for multi-family, multi-residential, multiplex, duplex, triplex, or fourplex conversion, with strong potential to increase density and add units under today's gentle-density and multiplex-friendly zoning. Explore garden suite, laneway, and infill possibilities to maximize land value and long-term returns. Builders, developers, and investors - this is the kind of deep, well-located lot that anchors a portfolio and pencils out.Opportunities like this - this much land, this location, and this rare combination of end-user appeal and redevelopment upside - don't come along often, and they don't last long. Whether you're buying to live, to build, or to hold, don't wait to see it. Buyer to verify all development potential, permitted uses, and density with the City. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Extended: 45 days on market, against an average age of 59 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This 3-bed single family in Toronto (Oakwood Village) has been listed for 45 days, which is 14 days fresher than the city average of 59. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,149,000, about 12.6× the local median household income of $91,000.
Carrying it typically needs a household income of about $224,440 (20% down, 25-yr amortization, stress-tested) — roughly 147% above the area median.
Source: Statistics Canada, 2021 Census (FSA M6C)
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