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$ 1,499,999
Est. payment /mo
New
497-499 Evans AVE Toronto W06, ON M8W 2V2
7 Beds
4 Baths
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2500-3000
Subdivision Alderwood
MLS Listing ID W12396025
Style Sidesplit
Bedrooms 7
Building Age 51-99
Annual Tax Amount $5,408
Tax Year 2024
Property Sub-Type Detached
Property Description
Whether you're an investor seeking exceptional cash flow or a savvy homebuyer looking to offset your mortgage with rental income, this rare offering checks all the boxes.This unique property features two separate dwellings on one lota perfect blend of modern construction and spacious design: The Original Home offers generous living space with 4+2 bedrooms and 2 full bathrooms, currently tenanted and generating consistent rental income. The Second Home, newly built in 2022, boasts a modern 1-bedroom + den layout with a spacious full bathroom on the upper levelideal for owner-occupancy, extended family, or premium rental potential. With zoning and potential to develop up to 6 separate units, the income possibilities are substantial. Whether you hold, live, or build, this property offers flexibility and long-term upside.Don't miss out on this rare dual-dwelling opportunitybook your private showing today!
Location
Province ON
County Toronto
Community Alderwood
Area Toronto
Rooms
Family Room Yes
Basement Finished
Kitchen 2
Interior
Interior Features Sump Pump, Water Heater, Carpet Free, Accessory Apartment
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Garage Spaces 1.0
Pool None
Waterfront Description None
Roof Type Asphalt Shingle
Lot Frontage 48.08
Lot Depth 106.0
Total Parking Spaces 4
Building
Foundation Concrete Block
Listed by Keller Williams Home Group Realty
