For Sale: 490 Summerhill Avenue, Toronto, ON - REW
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$2,195,000
7 bd • 3 ba • 3500 - 4999 sf • House
490 Summerhill Avenue
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$2,195,000
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490 Summerhill AvenueToronto, ON, M4W 2E5

Rosedale-Moore Park
  • 7 Bed
  • 3 Bath
  • 3500 - 4999 Sqft
  • House

About this home

Exceptional investment opportunity in prestigious North Rosedale. Situated on coveted Summerhill Avenue, this impressive three-storey property offers incredible flexibility for investors, multi-generational families, or homeowners seeking supplemental rental income. The home features two spacious self-contained apartments plus a charming one-bedroom loft suite with a private balcony, creating multiple living arrangements and income-generating possibilities. Live comfortably in one unit while offsetting expenses with rental income from the others, or capitalize on the property's full investment potential. Set on a desirable lot, the property also includes a detached two-car garage with exciting potential for a future laneway house (subject to applicable approvals), offering an opportunity to further enhance value and income potential. Ideally located just steps from the natural beauty of Chorley Park, the conveniences of Summerhill Market, and some of Toronto's most sought-after amenities, this prime North Rosedale address combines urban convenience with the charm and prestige of one of the city's most distinguished neighbourhoods. A rare opportunity to own a versatile property in an exceptional location with outstanding lifestyle and investment appeal. Garden Suite report available. (id:63626)
Listed by: RYAN ROBERTS, Broker, Chestnut Park Real Estate Ltd.

Home facts and features

Price details
List Price
$2,195,000
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Gross Taxes for 2025
$12,706
Home facts
Bedrooms
7
Full Bathrooms
3
Parking Spaces
4
Parking Details
Garage, Detached Garage
Property Type
House
Depth
120 feet
Frontage
33.0 feet
Title
Freehold
Exterior Finish
Brick
Heating Type
Natural gas
Cooling
Window air conditioner
Basement Details
Unfinished,
Community
Agent details
Primary Agent
Primary Broker
Chestnut Park Real Estate Ltd.
Secondary Agent
PAIGE YOUNG
Secondary Broker
Chestnut Park Real Estate
Listing details
Days on REW
1 Day
MLS® Number
C13446044
Source
Canadian Real Estate Association
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Property Insights

Gradale Academy
  • Private
  • JK - 6
Whitney Junior Public School
  • Public
  • JK - 6
Outward Bound Canada
  • Private
  • 11 - 12
Our Lady of Perpetual Help Catholic School
  • Catholic
  • JK - 8
Bennington Heights Elementary School
  • Public
  • JK - 6
Rosedale Junior Public School
  • Public
  • JK - 6
Branksome Hall
  • Private
  • JK - 12
Deer Park Junior & Senior Public School
  • Public
  • JK - 8
Linden School
  • Private
  • JK - 12
Rosedale Heights School of the Arts
  • Public
  • 9 - 12
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
RYAN ROBERTS
Phone:
(416) 483-8000
Office:
416-925-9191
Salesperson
PAIGE YOUNG
Phone:
(705) 445-5454
Cell:
705-241-2433
Office:
705-445-5454
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