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New2 hours ago

511 Atlas Avenue

Humewood-Cedarvale, Toronto

$1,399,000

Semi-Detached |2-Storey
3 | 3 | 2
About this home

At Last on Atlas. Beautifully updated three-bedroom home with an additional lower-level flex room in one of Toronto's most desirable neighbourhoods. Sun-filled, open-concept living spaces feature a stylish Martha Stewart kitchen with warm grey cabinetry, Bianco marble subway tile backsplash, cream-veined Corian countertops, breakfast bar, triple pantry, appliance garage and soft close cabinetry. Pleasant bay window with built-in seating and storage, rear addition ideal as home office or family room, plus convenient main-floor powder room. Upstairs are three bedrooms with ample closet space, including a generous primary with a wall of organised storage, plus a four-piece bath with MOEN Spa rain shower. Finished lower level offers a media room, separate windowed flex room, three-piece bath, laundry and storage. Notable improvements: bamboo floors, replacement windows, new stair carpeting, updated lighting, new front and rear doors, renewed patio and balcony, central A/C. Rare two-car parking with an exceptionally spacious garage plus second surface spot without blocking the eleven-foot shared drive. Steps to Cedarvale Ravine, Leo Baeck, Eglinton West subway, Allen Expressway, shops and cafés. An exceptional opportunity to enjoy an extraordinary lifestyle for years to come in a distinctive, move-in ready home. Seller is a registered salesperson with RECO.

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agent
Jonathan Lee
(647) 983-0770
TypeSemi-Detached
Style2-Storey
Approx. Age51-99
Size1100-1500 sq. ft.
Property Tax$5,809
Lot Size20.06 ft x 133 ft
mls© NumberC14155622
Listed ByICI SOURCE REAL ASSET SERVICES INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$7,161
Property tax
$484
Heat allowance
$150
Housing costs
$7,795 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $279,800
25-yr amortization

Income needed

$240,000

gross annual household income

Payment at 4%
$5,887 / mo
Cash down
$279,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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