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Home ON Greater Toronto Area Toronto Etobicoke Alderwood
497-499 EVANS AVENUE
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497-499 EVANS AVENUE $1,499,999
$1,499,999
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497-499 EVANS AVENUE
Toronto (Alderwood), Ontario M8W2V2

MLS® Number: W12396025
7
Bedrooms
4
Bathrooms
2500 - 3000
Square Feet

Listing Description

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! (41242505)

Location Description

Evans Ave and N Carson St

Property Summary

Property Type
Single Family
Building Type
House
Square Footage
2500 - 3000 sqft
Community Name
Alderwood
Title
Freehold
Land Size
48.1 x 106 FT
Age Of Building
51 to 99 years
Annual Property Taxes
$5,408
Parking Type
Attached Garage, Garage
Time on REALTOR.ca
8 days

Building

Bedrooms
Above Grade
7
Bathrooms
Total
4
Partial
1
Interior Features
Appliances Included
Water Heater, Dryer, Stove, Washer, Refrigerator
Basement Type
N/A (Finished)
Building Features
Features
Carpet Free, Sump Pump
Foundation Type
Block
Style
Detached
Split Level Style
Sidesplit
Rental Equipment
Water Heater
Heating & Cooling
Cooling
Central air conditioning
Heating Type
Forced air (Natural gas)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Brick, Stucco
Parking
Parking Type
Attached Garage, Garage
Total Parking Spaces
4

Measurements

Square Footage
2500 - 3000 sqft

Land

Lot Features
Frontage
48 ft ,1 in
Land Depth
106 ft

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