Geoff Allen

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497-499 EVANS AVENUE, Toronto, Ontario

$1,499,999

7 Beds
4 Baths

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:56241)

Listing ID: W12396025
Property Type: Single Family

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Details

Equipment: Water Heater
Features: Carpet Free, Sump Pump
Ownership: Freehold
Parking Spaces: 4
Rental Equipment: Water Heater
Transaction: For sale

Building

Appliances: Water Heater, Dryer, Stove, Washer, Refrigerator
BasementType: N/A (Finished)
Basement Development: Finished
Bedrooms Main Level: 7
Construction Style Attachment: Detached
Construction Style Split Level: Sidesplit
Cooling: Central air conditioning
Exterior Finish: Brick, Stucco
Fireplace Present: False
Foundation: Block
Bathrooms (Half): 1
Bathrooms (Total): 4
Heating: Forced air
Heating Fuel: Natural gas
Size Interior: 2500 - 3000 sqft
Type: House
Utility Water: Municipal water

Land

Sewer: Sanitary sewer
Size Frontage: 48 ft ,1 in
Size Irregular: 48.1 x 106 FT

Listing provided by Keller Williams Home Group Realty
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 497-499 EVANS AVENUE in Toronto Ontario. It was last modified on September 11th, 2025. Contact Geoff Allen to schedule a viewing or to discover other Toronto homes for sale.

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