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Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000-2500

Municipality Toronto C03

Subdivision Oakwood Village

MLS Listing ID C13743718

Style 2-Storey

Annual Tax Amount $6,342

Tax Year 2025

Property Sub-Type Multiplex

Property Description

ATTENTION INVESTORS, BUILDERS, & DEVELOPERS! SIX-PLEX PERMIT READY! 374 Atlas Avenue presents a rare opportunity to acquire a fully vacant detached property with an approved permit for a brand-new six-unit residential multiplex. Zoning is clean and the building permit is now ready, allowing a purchaser to move toward construction with the major planning and entitlement work substantially complete. The proposed development features approximately 3,320 SF of finished residential space comprising 2 x 2-bed/1-bath, 3 x 1+1-bedroom/1-bath, and 1 x 1-bedroom/1-bath units-a practical mix designed for strong rental appeal. Situated in highly desirable Cedarvale/Oakwood, the property offers an established, family-friendly setting with access to excellent schools, parks, recreation and everyday amenities. Located adjacent to Laughlin Park and steps from Cedarvale Park, residents will enjoy ravine trails connecting to the Beltline, tennis courts, sports fields, off-leash dog areas, summer splash pad, ice rink and winter tobogganing hills. The neighbourhood's mature streets, green spaces and strong family appeal make it a sought-after location for quality renters, therefore providing investors with strong potential for consistently low vacancy rates. Just minutes from Cedarvale Station (formerly Eglinton West Station), with access to Line 1 and Line 5, the property also offers convenient connectivity to Allen Road and Highway 401. A private rear driveway with 4 parking spaces adds further value to the proposed six-unit development. An exceptional opportunity to acquire a substantially advanced multiplex project in an established Toronto neighbourhood, with the ability to proceed toward construction and access to incentives such as the CMHC MLI Select program with the building permit ready. Detailed drawings and project information package available to qualified purchasers.

Location

Province ON

County Toronto

Community Toronto C03

Area Toronto

Rooms

Family Room No

Basement Apartment

Main Level Bedrooms 1

Kitchen 0

Interior

Interior Features Workbench

Cooling None

Inclusions Contact LA

Exterior

Exterior Feature Year Round Living

Parking Features Private

Pool None

View City, Trees/Woods

Roof Type Asphalt Shingle

Lot Frontage 30.51

Lot Depth 95.83

Total Parking Spaces 4

Building

Building Age 51-99

Lot Description Irregular Lot

Foundation Brick

Others

Senior Community No

ParcelsYN No

Listed by THE AGENCY

Schools and Properties Nearby

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info@tonyledi.com

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374 Atlas AVE Toronto C03, ON M6C 3P9