For Sale - 374 Atlas Avenue, Toronto, Ontario

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  • Fully vacant property with an approved permit for six-unit multiplex development.
  • Located in a family-friendly neighborhood with access to parks and schools.
  • Convenient parking with a private rear driveway offering 4 spaces.
  • Strong rental appeal with a practical mix of unit types for tenants.
  • Close to public transit and major roadways for easy accessibility.



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.
Listing IDC13743718
Address374 Atlas Avenue
CityToronto, Ontario
Price$1
Style2-Storey, Multiplex
ConstructionBrick
TypeMulti-Family
StatusFor Sale
Subtype MultiplexIndoor Features WorkbenchOutdoor Features Year Round LivingAmenities Park, Public Transit, SchoolFeatures Irregular LotOwnership FreeholdViews City, Trees/WoodsBasement ApartmentFoundation BrickHeating / Cooling WaterHeating Fuel GasSewer Sewer
Parking 4.00
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374 Atlas Avenue
Toronto , Ontario
$1
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