149 Atlas Avenue

Cedarvale, Toronto

149 Atlas Avenue, Cedarvale, Toronto

$749,900

Bedrooms: 3

Bathrooms: 2

Living Area: 1,100 sqft

Price Per Sqft: $681.73

About this Semi-Detached

in Cedarvale, Toronto

Opportunity Knocks in Humewood... and It's Heating Up! They say "this girl is on fire" - and while this home may have taken that a little too literally, what remains is a rare opportunity to create something truly special in one of Toronto's most sought-after neighbourhoods. Located in the heart of Humewood, this property is a full renovation project following abasement fire, offering a true blank slate for those with vision. The key piece already in place is the structure, which has been confirmed to be sound, allowing you to focus on design, layout, and maximizing the potential. Previously configured as a triplex, the layout offers incredible flexibility for investors, builders, or end-users looking to design a custom single-family home or income-generating property. The detached garage presents an additional opportunity, with potential to convert into a garden suite and further maximize value. All of this is set within a neighbourhood known for its top-rated schools, beautiful parks, vibrant local shops, restaurants, and easy transit access, making it as desirable for lifestyle as it is for long-term investment. Whether you're building, investing, or designing from the ground up, this is a unique chance to bring your vision to life in a location that consistently delivers. Opportunity, location, and potential - this one is ready to be reimagined!

Listed by RARE REAL ESTATE.

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LAND TRANSFER TAX CALCULATOR

Purchase Price  
First-Time Home Buyer
Ontario Land Transfer Tax
Toronto Land Transfer Tax

Province of Ontario (effective January 1, 2017)

For Single Family or Two Family Homes

  • Up to and including $55,000.00 -> 0.5%
  • $55,000.01 to $250,000.00 -> 1%
  • $250,000.01 to $400,000 -> 1.5%
  • $400,000.01 & $2,000,000.00 -> 2%
  • Over $2,000,000.00 -> 2.5%

First-time homebuyers may be eligible for a refund of up to $4,000.

Source: Calculating Ontario Land Transfer Tax
Source: Ontario Land Transfer Tax for First-Time Homebuyers

City of Toronto (effective March 1, 2017)

For Single Family or Two Family Homes

  • Up to and including $55,000.00 -> 0.5%
  • $55,000.01 to $250,000.00 -> 1%
  • $250,000.01 to $400,000 -> 1.5%
  • $400,000.01 & $2,000,000.00 -> 2%
  • Over $2,000,000.00 -> 2.5%

First-time homebuyers may be eligible for a rebate of up to $4,475.

Source: Municipal Land Transfer Tax Rates and Calculations
Source: Municipal Land Transfer Tax Rates Rebate Opportunities

MORTGAGE CALCULATOR

     
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Amortization:  
Percent Down:
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First Mortgage:
CMHC Prem.:
Total Financing:
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* This material is for informational purposes only.

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