$1,499,999
PRICE
7
BEDROOMS
4
BATHROOMS
W12396025
MLSID
497-499 Evans Avenue, Toronto
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!
Summary
Address
497-499 Evans Avenue
City
Community
Street
MLSID
W12396025
Property Type
Detached
Property Category
Bedrooms
7
Bathrooms
4
Kitchens
2
Taxes (Annual)
$5,408.00
Tax Year
2024
Published
September 10, 2025
Days on Market
2 Days
Possession Type
1-29 Days
Inclusions
Fridge(2), Stoves(2), DW, Washer(2), Dryer(2)
Details
Bathroom 1
4-Piece Basement Level
Bathroom 2
4-Piece Ground Level
Bathroom 3
4-Piece Second Level
Bathroom 4
2-Piece Basement Level
Basement
Finished
Interior Features
Sump Pump, Water Heater, Carpet Free, Accessory Apartment
Parking Spaces
3
Parking Total
4
Architectural Style
Sidesplit
Roof
Asphalt Shingle
Construction Materials
Brick, Stucco (Plaster)
Lot Size
5,096
Lot Width
48 Feet
Lot Depth
106 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Owner+Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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Listing Contracted with Keller Williams Home Group Realty