Welcome to 507 Atlas Ave, a great opportunity in the heart Cedarvale. Situated on a rare 30 x 133 ft lot in one of Toronto's most sought-after neighbourhoods, this property offers tremendous potential to build new, expand, or redevelop to create a custom residence. The existing 2+1 bedroom bungalow is a well-maintained, classic pride-of-ownership home that can be enjoyed as-is or provide flexibility while planning future possibilities. A private driveway, garage, and beautifully landscaped backyard add further value to the property. Ideally located with immediate access to transit and the Allen Expressway, and steps to the scenic Cedarvale Ravine, close to Cedarvale Park, top-tier public and private schools including Cedarvale, Forest Hill Collegiate, Leo Baeck and the vibrant shops and amenities of Eglinton. A rare opportunity to secure a substantial lot in an established, family-friendly neighbourhood with exceptional long-term potential.
Property Type:
Residential Freehold
Property Sub Type:
Detached
Home Style:
Bungalow
Total Approx Floor Area:
700-1100
Lot Depth:
133'40.5 m
Lot Frontage:
30'9.14 m
Direction Faces:
East
Bedrooms:
2+1
Bathrooms:
2.0
Water supply:
Municipal
Kitchens:
2
Kitchens in Basement:
1
Bedrooms Above Grade:
2
Bedrooms Below Grade:
1
Kitchens Above Grade:
1
Rooms Above Grade:
5
Heating type:
Radiant
Heating Fuel:
Gas
Foundation:
Concrete Block
Roof:
Asphalt Shingle
Basement:
Finished with Walk-Out
Fireplace/Stove:
Yes
Garage:
Detached
Garage Spaces:
1.0
Parking Spaces:
3
Total Parking Spaces:
4.0
Family Room:
No
Possession Details:
45/60 TBD
Lot Irregularities:
36.5 feet In the Back
Pool:
None
Link:
No
HST Applicable To Sale Price:
Included In
Assessment Year:
2025
Taxes:
$4,941.48 /
2026
Assessment:
$- /
2025
Toronto
Toronto C03
Oakwood Village
Primary Bedroom - Main Floor
Hot water Tank and Boiler
2 Fridges, 2 Stoves, Washer, Dryer, All ELFs & All window coverings.
Data was last updated September 8, 2026 at 08:13 PM (UTC)
Area Statistics
Listings on market:
32
Avg list price:
$1,225,000
Min list price:
$579,900
Max list price:
$2,650,000
Avg days on market:
28
Min days on market:
3
Max days on market:
130
These statistics are generated based on the current listing's property type
and located in
Oakwood Village. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.