$1,499,999Asking Price
497-499 Evans Avenue, Toronto W06, ON M8W 2V2
Alderwood, 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!
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!
See MoreKey Info
- Other Detached
- 3-Car Driveway
- 1-Car Attached Garage
- Evans Ave and N Carson St
- 2500-3000 Approximate Sq Feet
- 51-99 Years Approximate Age
- Finished Basement
- 2 Kitchens
- Forced Air Gas Heating
- Central Air
Property
- Lot Size 48.08 x 106 Feet
- Brick Exterior
- No Waterfront Access
- Taxes were $5,408 in 2024
Details
- No Fireplace
- Family Room
- Sewers
- Municipal Water
- MLS #W12396025
- Keller Williams Home Group Realty
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
 | 1 4-Piece Bathroom | |||
| 1 4-Piece Bathroom on Ground Floor | |||
| 1 4-Piece Bathroom | |||
| 1 2-Piece Bathroom | |||
How Far is Too Far?
See personalized commute details for each listing by adding your favourite places (like work or daycare) and mode of travel.
Sign up to see commute timesAlready signed up? Sign in
Who lives here?
Alderwood, Toronto is a west Toronto neighbourhood notable for its executives and tradespeople. Residents tend to be older with a significant number of babies, adults aged 35 to 64 and seniors aged 65 to 69.
Families
Kids Per Family
1.2
kids per family
in the neighbourhood.
Gta ({{ '1.29999995231628' | number: 1 }})
Singles
45%
of residents are
single and loving it.
45% singles
Toronto (50%)Gta ({{ '44.8800010681152' | number: 0 }}%)
Renters
20%
of residents
are renters.
20% renters
Toronto (47%)Gta ({{ '33.0200004577637' | number: 0 }}%)
Education
32%
of residents are
university grads.
32% university grads
Toronto (48%)Gta ({{ '43.6699981689453' | number: 0 }}%)
Income
Average Household Income
$129K
is the average household
income in the neighbourhood.
Gta ({{ '135056.828125' | minifiedCurrency }})
Professions
Professions
| Sales | 14% |
| Business | 11% |
| Trades | 10% |
| Management | 8% |
| Government | 8% |
Immigrants
34%
of residents were
born outside of Canada.
34% immigrants
Toronto (48%)Gta ({{ '45.4300003051758' | number: 0 }}%)
Birthplace - All
4.2% from Philippines
All-time
Birthplace - Recent
1.1% from India
Recent
Foreign Languages
Foreign Languages
| Polish | 5% |
| Italian | 4% |
| Portuguese | 4% |
| Tagalog | 2% |
| Ukrainian | 2% |
Religions
Religions
| Christian | 74% |
| Muslim | 2% |
| Hindu | 2% |
| Buddhist | 1% |
Social Housing
Social Housing Buildings
0
Social housing buildings
in the neighbourhood.
Shelters
Shelters
0
Homeless shelters in
the neighbourhood.
