178 Atlas Ave | Central Toronto - Humewood-Cedarvale
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This week we’re offering a renovated 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 4.50% with potential to go up to 4.90%.
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 class neighbourhood has to offer.
|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|
Schools available for residents of 178 Atlas Ave
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