Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Humewood-Cedarvale. Expertly crafted featuring premium other and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $2,588,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Welcome to 494 Atlas Avenue a designer custom-built masterpiece! Steps from Allen Road and Eglinton, this home offers over 4,200 sq.ft. of total living space, including 2,834 sq. ft. above grade with contemporary design and luxurious finishes throughout. The main and second floors feature soaring ceilings that create a sense of openness and light. With 4+1 spacious bedrooms and 5 bathrooms, this home seamlessly blends sophisticated design with everyday functionality. The open-concept main floor, framed by oversized windows, flows into a sleek kitchen with premium appliances, custom cabinetry, and a waterfall island, leading naturally into the inviting living and dining areas. A modern glass-railed staircase ascends to the second floor, where generously sized bedrooms offer ample closet space. The primary suite is a true sanctuary, complete with a spa-inspired bathroom and a large walk-in closet. The fully finished lower level provides nearly 1,400 sq. ft. of additional living space, including a guest/in-law bedroom, a recreation room with fireplace, and a laundry room. Step outside to your private backyard retreat fully fenced and surrounded by mature cedars. A large deck, pergola, and natural gas BBQ hookup make this an ideal space for year-round entertaining and relaxation. Located in one of Toronto's most desirable communities, you'll be just steps from Eglinton Avenue, shops, restaurants, top-rated schools, and scenic Cedarvale Park. Commuters will appreciate the close proximity to Eglinton West/Cedarvale LRT and the upcoming Forest Hill Station. This is a rare opportunity to own a truly special home in a high-demand neighbourhood.
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Built-In Oven, Central Vacuum, On Demand Water Heater, Sump Pump
Security System
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 494 Atlas Avenue, Toronto C03, ON M6C 3R3
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $2,588,000 in Toronto, the legal minimum down payment is $517,600 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $51,175 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $51,175 also applies, bringing the total estimated land transfer taxes to $102,350.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.