556 Atlas Ave
Humewood-Cedarvale, Toronto, M6C 3R6
FOR SALE
$999,000

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Property Description
Opportunity awaits at 556 Atlas Avenue! Located in the Humewood-Cedarvale area, this prime property is a rare gem offering endless possibilities for customization on a 25-foot-wide lot. The home boasts 3 spacious bedrooms, 3 bathrooms, and a recently updated main floor. The second-floor bedrooms are generously sized, offering ample living space. The partially finished basement features a recreation room, laundry area, and a separate entrance, which could easily be converted into a separate in-law suite. This amazing location is just steps away from the upcoming LRT line and Allen Road, making commuting a breeze. Enjoy the convenience of being a short walk from the shops and restaurants on Eglinton Avenue and the scenic trails of Cedarvale Park. Don't miss your chance to own in this highly sought-after neighbourhood! **EXTRAS** Owner & neighbour park in driveway.
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Nearby Intersections
Eglinton & Allen (22)
Property Features
Library, Park, Place Of Worship, Public Transit, Rec Centre, School
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Lot Size
25' x 80'
Fronting
West
Taxes
$4,428 (2024)
Basement
Part Fin
Exterior
Brick
Heat Type
Water
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Driveway
Mutual
Garage Type
None
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Main | 11.65' x 14.76' | Vinyl Floor, Fireplace, Large Window |
Dining | Main | 10.33' x 12.80' | Vinyl Floor, Combined W/Living, Large Window |
Kitchen | Main | 9.51' x 8.01' | Eat-In Kitchen, Vinyl Floor |
Prim Bdrm | 2nd | 11.48' x 11.78' | Hardwood Floor, Closet, Large Window |
2nd Br | 2nd | 8.76' x 9.91' | Hardwood Floor, Window, Closet |
3rd Br | 2nd | 8.76' x 12.63' | Hardwood Floor, Window, Closet |
Foyer | Main | 9.84' x 7.22' | 2 Pc Bath, Vinyl Floor |
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Toronto Market Statistics
Toronto Price Trend
556 Atlas Ave is a 3-bedroom 3-bathroom home listed for sale at $999,000, which is $293,598 (22.7%) lower than the average sold price of $1,292,598 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 3 bedroom home in Toronto increased by $71,412 (5.8%) compared to the previous 30 day period (December 22 - January 20) and down $8,210 (0.6%) from the same time one year ago.Inventory Change
There were 676 3-bedroom homes listed in Toronto over the last 30 days (January 21 - February 19), which is up 105.5% compared with the previous 30 day period (December 22 - January 20) and up 23.8% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Toronto typically sold $27,264 (2.1%) above asking price over the last 30 days (January 21 - February 19), which represents a $35,980 increase compared to the previous 30 day period (December 22 - January 20) and $32,657 less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in Toronto over the last 30 days (January 21 - February 19) stood at 52.8%, down from 53.2% over the previous 30 days (December 22 - January 20) and down from 73.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Toronto stood at 22 days when successfully sold over the last 30 days (January 21 - February 19), compared to 55 days before being removed from the market upon being suspended or terminated.Listing contracted with Sotheby's International Realty Canada
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