497-499 Evans Avenue, Toronto (alderwood) Property Listing: MLS® #W12396025

About 497-499 Evans Avenue

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! (id:36535)

Features of 497-499 Evans Avenue

Listing #	W12396025
Price	$1,499,999
Bedrooms	7
Bathrooms	4.00
Half Baths	1
Acres	0.00
Type	Single Family
Sub-Type	Freehold

Community Information

Address	497-499 Evans Avenue
Subdivision	Alderwood
City	Toronto (alderwood)
Province	Ontario
Postal Code	M8W2V2

Amenities

Features	Carpet Free, Sump Pump
Parking Spaces	4
Parking	Attached Garage, Garage
# of Garages	2
Is Waterfront	No
Has Pool	No

Interior

Appliances	Water Heater, Dryer, Stove, Washer, Refrigerator
Heating	Natural gas Forced air
Cooling	Central air conditioning
Fireplace	No
Has Basement	Yes
Basement Type	N/A (Finished)
Basement Development	Finished

Exterior

Exterior	Brick, Stucco
Lot Description	106 x 48.1 FT
Foundation	Block

Listing Details

Office	Courtesy Of Keller Williams Home Group Realty

497-499 Evans Avenue, Toronto (alderwood), Ontario