33 Atlas Avenue

Cedarvale, Toronto

33 Atlas Avenue, Cedarvale, Toronto

$2,295,000


Bedrooms: 6

Bathrooms: 3

Living Area: 3,000 sqft

Price Per Sqft: $765.00


About this Triplex

in Cedarvale, Toronto

Amazing on Atlas. A rare, full triplex on one of the neighbourhood's quietest streets, 33 Atlas Avenue hits the market for the first time after 60 years and four generations of one family. This home has a genuine soul and a story you can't manufacture. At 46.06 feet wide by 100.13 feet deep, this is one of the widest lots on Atlas and a rare find for the neighbourhood, where most frontages sit well under 30 feet. That width changes what the property can become: a generous side yard, room for a proper garden or parking, and a footprint that invites reimagining. Three-unit income property, sprawling single-family home, or something the street hasn't seen yet, the lot gives you the canvas. The building lives as three distinct units. The main floor offers a comfortable one-bedroom suite. Above it, a spacious upper unit spans two storeys: kitchen and bath on the lower level, a private bedroom, then a bedroom and bonus room above. Connected at the back, the original home is a charming self-contained two-bedroom suite. Perfect for house hackers: live in one unit and rent the other two, or share the building with friends or family while the rents carry the mortgage. That back apartment is where it all started. Believed to be the first dwelling on the street, it traces to the Graham family, whose name still marks the local park and Graham Gardens. Acquired in 1966 from Mr. Graham, grandson of the original owner and builder, its role as an early anchor in the urbanization of York Township, with ties to Toronto's First World War home-front efforts, is valued by local historians. Steps from parks, cafes, shops, and the restaurants of St. Clair West, with easy transit downtown. Families will appreciate proximity to St. Michael's College School, Hudson College, and De La Salle College "Oaklands." 33 Atlas offers flexibility that is hard to find: a true piece of the street's history, on one of its widest lots, with no heritage designation to limit what comes next.

Listed by REAL BROKER ONTARIO LTD..


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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


     
Asking Price: Interest Rate (%):
Amortization:  
Percent Down:
Down Payment:
First Mortgage:
CMHC Prem.:
Total Financing:
Monthly P&I:
* This material is for informational purposes only.

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