For Sale: 374 Atlas Avenue, Toronto, ON - REW
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$1
0 bd • 0 ba • 2000 - 2499 sf • Multifamily
374 Atlas Avenue
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$1

374 Atlas AvenueToronto, ON, M6C 3P9

Oakwood-Vaughan
  • 0 Bed
  • 0 Bath
  • 2000 - 2499 Sqft
  • Multifamily

About this home

ATTENTION INVESTORS, BUILDERS, & DEVELOPERS! SIX-PLEX PERMIT READY! 374 Atlas Avenue presents a rare opportunity to acquire a fully vacant detached property with an approved permit for a brand-new six-unit residential multiplex. Zoning is clean and the building permit is now ready, allowing a purchaser to move toward construction with the major planning and entitlement work substantially complete. The proposed development features approximately 3,320 SF of finished residential space comprising 2 x 2-bed/1-bath, 3 x 1+1-bedroom/1-bath, and 1 x 1-bedroom/1-bath units-a practical mix designed for strong rental appeal. Situated in highly desirable Cedarvale/Oakwood, the property offers an established, family-friendly setting with access to excellent schools, parks, recreation and everyday amenities. Located adjacent to Laughlin Park and steps from Cedarvale Park, residents will enjoy ravine trails connecting to the Beltline, tennis courts, sports fields, off-leash dog areas, summer splash pad, ice rink and winter tobogganing hills. The neighbourhood's mature streets, green spaces and strong family appeal make it a sought-after location for quality renters, therefore providing investors with strong potential for consistently low vacancy rates. Just minutes from Cedarvale Station (formerly Eglinton West Station), with access to Line 1 and Line 5, the property also offers convenient connectivity to Allen Road and Highway 401. A private rear driveway with 4 parking spaces adds further value to the proposed six-unit development. An exceptional opportunity to acquire a substantially advanced multiplex project in an established Toronto neighbourhood, with the ability to proceed toward construction and access to incentives such as the CMHC MLI Select program with the building permit ready. Detailed drawings and project information package available to qualified purchasers. (id:63626)
Listed by: LAMIS DANTAS, Broker, THE AGENCY

Home facts and features

Price details
List Price
$1
Gross Taxes for 2026
$6,342
Home facts
Bedrooms
0
Full Bathrooms
0
Parking Spaces
4
Parking Details
No Garage
Property Type
Multifamily
Depth
95.8 feet
Frontage
30.6 feet
Exterior Finish
Brick
Heating Type
Natural gas
Basement Details
Apartment in basement,
Features
Flat site
Community
Agent details
Primary Agent
Primary Broker
THE AGENCY
Secondary Agent
PEDRAM MADADKAR
Secondary Broker
THE AGENCY
Tertiary Agent
PETER TORKAN
Tertiary Broker
THE AGENCY
Listing details
Days on REW
5 Days
Property Views
34
MLS® Number
C13743718
Source
Canadian Real Estate Association
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Vaughan Road Academy
  • Public
  • 9 - 12
J R Wilcox Community School
  • Public
  • JK - 8
Oakwood Village Montessori School
  • Private
  • PS - 3
Cedarvale Community School
  • Public
  • JK - 8
D'Arcy McGee Catholic School
  • Catholic
  • JK - 8
St Thomas Aquinas Catholic School
  • Catholic
  • JK - 8
Robbins Hebrew Academy
  • Private
  • NS - 8
Humewood Community School
  • Public
  • JK - 8
Lycée Français de Toronto
  • Private
  • PS - 12
Rawlinson Community School
  • Public
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Broker
LAMIS DANTAS
Phone:
(416) 601-2121
Office:
416-847-5288
Salesperson
PEDRAM MADADKAR
Phone:
289-775-5609
Cell:
(289) 775-5609
Office:
416-847-5288
Salesperson
PETER TORKAN
Phone:
(416) 222-8600
Office:
416-847-5288
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