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178 Atlas Ave

Central Toronto - Humewood Cedarvale

Property Details

Status: Sold

Asking Price: $1,299,000

Sold Price: $1,260,000

Type: Detached

Style: 2-Storey

Lot Size: 25.00 x 120.12

Taxes: $4702.00 (2018)

Garage Parking: Detached - 2 spaces

Driveway: Private

Garage Type: Detached

Garage Spaces: 2

Total Parking Spaces: 3

Bedrooms: 4+2

Bathrooms: 3

Kitchens: 3

Basement: Apartment

Heat: Radiant/Gas

Fireplace: N

MLS #: #C4359426

Location

This week we’re offering a renovated legal three-unit dwelling with a choice of two stylish two bedroom apartments that can accommodate an owner/occupier plus a recently gutted, architect designed two-bedroom basement unit. This property will also appeal to the investor who wants a long-term investment with a current cap rate of 4.66% with potential to go up to 5.14%.

The main floor and second floor units are similar in size with the main floor offering lots of charm and the second floor designed with a modern sensibility and features a large living/ dining room, new kitchen and bathroom.  All units share the coin-operated on-site laundry and parking is available for five cars.  Mechanically sound, this property has been rated “above average” by the home inspector.

Located in the desirable Humewood School area, this property is minutes to the offerings on St. Clair West, Wychwood Barns, Cedarvale Ravine, Loblaws and all the conveniences a world classneighbourhood has to offer.

Room Dimensions Level Features
Living 15×13.2 ft (4.6×4 m) 2nd Broadloom, W/O To Balcony, O/Looks Dining
Dining 13.7×9 ft (4.2×2.8 m) 2nd Broadloom, O/Looks Living, Window
Kitchen 12×4.9 ft (3.7×1.5 m) 2nd Renovated, O/Looks Dining, Ceramic Back Splash
Master 13×11 ft (4×3.4 m) 2nd Broadloom, Double Closet, Window
Tandem 11×5.5 ft (3.4×1.7 m) 2nd Broadloom, Window
2nd Br 10.6×7.1 ft (3.2×2.2 m) 2nd Broadloom, Window

Living in Hillcrest Village

Hillcrest Village, Toronto is an established neighbourhood situated 15 minutes from Toronto’s financial district. It is comprised of two neighbourhoods known as “Humewood” located north of St. Clair Avenue West and “Hillcrest” located south of St. Clair Avenue West.

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