Welcome to 507 Atlas Ave, a great opportunity in the heart Cedarvale. Situated on a rare 30 x 133 ft lot in one of Toronto's most sought-after neighbourhoods, this property offers tremendous potential to build new, expand, or redevelop to create a custom residence. The existing 2+1 bedroom bungalow is a well-maintained, classic pride-of-ownership home that can be enjoyed as-is or provide flexibility while planning future possibilities. A private driveway, garage, and beautifully landscaped backyard add further value to the property. Ideally located with immediate access to transit and the Allen Expressway, and steps to the scenic Cedarvale Ravine, close to Cedarvale Park, top-tier public and private schools including Cedarvale, Forest Hill Collegiate, Leo Baeck and the vibrant shops and amenities of Eglinton. A rare opportunity to secure a substantial lot in an established, family-friendly neighbourhood with exceptional long-term potential.