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Price Change$1,149,000

180 Atlas Avenue

Oakwood Village, Toronto

$1,149,000

Detached|2-Storey
3 | 2 | 3
About this home

Attention End Users, Builders & Investors - A Rare 25 x 120 Lot in the Humewood Public School Catchment. For close to six decades, this home has been the heart of one family - the backdrop to holidays, milestones, and everyday memories. That warmth is still here, and for an end user ready to update and make it their own, it's a rare chance to restore a solid home with real character in a coveted neighbourhood. Higher ceilings on both the main and upper floors give it an airy, elevated feel that's genuinely tough to find, while a large private backyard and a private driveway with room for multiple cars - a true rarity in the area - round out a home you can move into and reimagine over time.But the real story is the opportunity. Set on a spectacular 25 x 120 foot lot with width and depth rarely found among surrounding homes, this is a standout development and value-add play. Renovate for end use, hold for income, build to suit, or take the redevelopment route: an ideal candidate for multi-family, multi-residential, multiplex, duplex, triplex, or fourplex conversion, with strong potential to increase density and add units under today's gentle-density and multiplex-friendly zoning. Explore garden suite, laneway, and infill possibilities to maximize land value and long-term returns. Builders, developers, and investors - this is the kind of deep, well-located lot that anchors a portfolio and pencils out.Opportunities like this - this much land, this location, and this rare combination of end-user appeal and redevelopment upside - don't come along often, and they don't last long. Whether you're buying to live, to build, or to hold, don't wait to see it. Buyer to verify all development potential, permitted uses, and density with the City.

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$4,977
Lot Size25.29 ft x 120.04 ft
mls© NumberC13811062
Listed ByRARE REAL ESTATE

Listing History

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  • No recent lease history for this listing.

Schools

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$5,881
Property tax
$415
Heat allowance
$150
Housing costs
$6,446 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $229,800
25-yr amortization

Income needed

$198,000

gross annual household income

Payment at 4%
$4,835 / mo
Cash down
$229,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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