374 Atlas Avenue
Toronto C03, ON
approx. 2000-2500 sqft • Triplex • 140 days on market
Attention investors and developers! This is 374 Atlas Avenue - a rare, fully vacant detached houseplex offering a true blank canvas for investors and end-users alike. With front and side entrances and separate staircases, the layout presents a great potential to complete as a 3 x spacious 2-bedroom units or to reconfigure into a highly efficient 6-unit setup. Situated at the border of the Cedarvale neighbourhood, just minutes to Cedarvale Station -formerly Eglinton West Station- interchange of Line 1 & Line 5 LRT, this location delivers exceptional transit connectivity with quick access to Allen Road and Highway 401. Located next door to Laughlin Park with playground and family-friendly amenities, the property is also steps away from one of Toronto's hidden gems, Cedarvale Park: it offers scenic ravine trails connecting to Beltline, tennis courts, sports fields, off-leash dog areas, summer splash pad, ice rink arena, and winter tobogganing hills - perfect for year-round recreation. The property includes a private driveway with 4 parking spaces at the rear. With the City's Official Plan Amendment (effective June 2025) supporting increased density, this asset offers strong potential to achieve a 5%+ cap rate depending on execution. Whether you're looking to renovate, optimize, or redevelop, this is a compelling value-add opportunity in a rapidly evolving pocket of the city with many new-builds and multiplexes already established.
Listing Details
- Listed
- April 3, 2026
Price History
Property
- Style
- 2-Storey
- Construction
- Brick
- Roof
- Asphalt Shingle
- Foundation
- Brick
- Interior
- Workbench
- Lot Size
- 30.51 x 95.83 Feet
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Eglinton & Marlee
- Possession
- Immediate
Commercial
- Occupancy
- Vacant
Included
- Inclusions
- See Schedule C
- Exclusions
- See Schedule C
Schools
Elementary
- St Alphonsus Catholic School0.1 km
Catholic · Toronto CDSB · 255 students
Grade 3 reading: 82% met the provincial standard · Grade 6 math: 50% met the provincial standard
- Humewood Community School0.5 km
Public · Toronto DSB · 575 students
Grade 3 reading: 86% met the provincial standard · Grade 6 math: 60% met the provincial standard
- McMurrich Junior Public School0.5 km
Public · Toronto DSB · 505 students
Grade 3 reading: 78% met the provincial standard · Grade 6 math: 75% met the provincial standard
Secondary
- Oakwood Collegiate Institute0.6 km
Public · Toronto DSB · 525 students
Grade 10 literacy: 88% met the provincial standard
- Msgr Fraser Orientation Centre2.3 km
Catholic · Toronto CDSB
- Forest Hill Collegiate Institute2.4 km
Public · Toronto DSB · 825 students
Grade 10 literacy: 93% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area M6C
- Population
- 23,997
- Private dwellings
- 11,093
- Median age
- 40.4
- Average household size
- 2.3
- Median household income
- $91,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Toronto C03 · last 12 months
- Median sold price
- $1,282,500
- Homes sold
- 516
- Median days on market
- 17
- Sale-to-list price
- 98.0%
Based on 516 recorded sales of residential freehold properties in Toronto C03 over the last 12 months.
Listed by
THE AGENCY
Location
Mortgage Calculator
$359,800
Estimated Monthly Payment
$8,838
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $8,838/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $450/mo
Estimates only. Consult a financial advisor.