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House for sale: 497-499 EVANS AVENUE, Toronto
497-499 Evans Avenue
$1,499,999
Toronto , Ontario M8W2V2
7 bed
4 bath
About the Property

Cross Streets: Evans Ave and N Carson St. ** Directions: Use GPS. 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! (id:27476)

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Property Details
MLS® Number
W12396025
Type
Single Family
Community Name
Alderwood
Ownership Type
Freehold
Land Size
106 x 48.1 FT
Parking Space Total
4
Building
Building Type
House
Square Footage
2500 - 3000 sqft
Bathrooms Total
4
Bedrooms Above Ground
7
Bedrooms Total
7
Exterior Finish
Brick, Stucco
Fireplace Present
No
Basement Type
N/A (Finished)
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Central air conditioning
Utilities
Water
Municipal water
Utility Sewer
Sanitary sewer
Monthly Payment Calculator
$
%
3.49%
5.5%
6%
7%
Years
15 Years
20 Years
25 Years
30 Years
Your Monthly Payment
$3,625
Book a Showing
Darya Strilyana
Darya Strilyana
Real Estate Expert
Phone
+1 .647 .896 .7668
Email
ds@homeads.ca

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Listing provided by: Keller Williams Home Group Realty

$1,499,999 - 497-499 EVANS AVENUE, Toronto Ontario M8W 2V2, Canada | Real Estate For Sale | HomeAds.ca

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Row / Townhouse for sale: B - 276 LANOR AVENUE, Toronto
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Row / Townhouse for sale: C - 276 LANOR AVENUE, Toronto
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House for sale: 497-499 EVANS AVENUE, Toronto
$1,499,999

497-499 Evans Avenue, Toronto (Alderwood), Ontario

7 bed
4 bath

Cross Streets: Evans Ave and N Carson St. ...

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KIPLING AVE/THE QUEENSWAY Welcome to Thirty Six ...

Updated October 30th 2025 9:32 pm

Book a Showing
Darya Strilyana
Darya Strilyana
Real Estate Expert
Phone
+1 .647 .896 .7668
Email
ds@homeads.ca
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