494 Atlas Avenue, Toronto, ON

$2,499,000
MLS#:C13508666
5 beds
5 baths
2500-3000 sqft
1.0 parking
Residential Freehold
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Added:Jul 1, 2026(59 days ago)
Updated:Aug 17, 2026(12 days ago)
Last Checked:8 minutes ago

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Humewood-Cedarvale. Expertly crafted featuring premium other and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $2,499,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 5 Bedrooms and 5 Bathrooms
  • Generous living space spanning 2500-3000 sqft on a premium 29.5 x 100 ft lot
  • Features a finished, walk-up basement, adding superb versatility for recreation, a home gym, or extra storage
  • 1.0 total parking spaces available
  • Notable attributes: Built-In Oven, Central Vacuum, On Demand Water Heater
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to 494 Atlas Avenue a designer custom-built masterpiece! Steps from Allen Road and Eglinton, this home offers over 4,200 sq.ft. of total living space, including 2,834 sq. ft. above grade with contemporary design and luxurious finishes throughout. The main and second floors feature soaring ceilings that create a sense of openness and light. With 4+1 spacious bedrooms and 5 bathrooms, this home seamlessly blends sophisticated design with everyday functionality. The open-concept main floor, framed by oversized windows, flows into a sleek kitchen with premium appliances, custom cabinetry, and a waterfall island, leading naturally into the inviting living and dining areas. A modern glass-railed staircase ascends to the second floor, where generously sized bedrooms offer ample closet space. The primary suite is a true sanctuary, complete with a spa-inspired bathroom and a large walk-in closet. The fully finished lower level provides nearly 1,400 sq. ft. of additional living space, including a guest/in-law bedroom, a recreation room with fireplace, and a laundry room. Step outside to your private backyard retreat fully fenced and surrounded by mature cedars. A large deck, pergola, and natural gas BBQ hookup make this an ideal space for year-round entertaining and relaxation. Located in one of Toronto's most desirable communities, you'll be just steps from Eglinton Avenue, shops, restaurants, top-rated schools, and scenic Cedarvale Park. Commuters will appreciate the close proximity to Eglinton West/Cedarvale LRT and the upcoming Forest Hill Station. This is a rare opportunity to own a truly special home in a high-demand neighbourhood.

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Property Summary

This detached home located at 494 Atlas Avenue, Toronto is currently for sale and has been available on SousaSells for 59 days. This property is listed at $2,499,000 with an estimated mortgage of $8,318* per month. It has 5 beds, 5 bathrooms, and is 2500-3000 square feet. 494 Atlas Avenue, Toronto is in the Humewood-Cedarvale neighborhood.

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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 5 bedrooms and 5 bathrooms, this home offers ample space and comfort for growing families in Humewood-Cedarvale, Toronto.

Highly Recommended for Families
What We Love About This Home
  • •5 spacious bedroom layout offering versatile living space
  • •5 well-appointed bathrooms
  • •2500-3000 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Growing families needing multi-bedroom flexibility and space in Humewood-Cedarvale, Toronto.

Target Buyer Match

Key Features

Bedrooms
5
Bathrooms
5
Kitchens
1
Living Area
2500-3000 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
AddedJul 1, 2026 (59 days ago)
UpdatedAug 17, 2026 (12 days ago)
Last Checked8 minutes ago
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionOther, Stucco (Plaster)
BasementFinished, Walk-Up
Lot Size29.5 Ă— 100 Feet
CountyToronto
Annual Tax$13,347.34
Legal DescriptionPT LT 41 PL 2339 TWP OF YORK; PT LT 42 PL 2339 TWP OF YORK; PT LT 43 PL 2339 TWP OF YORK AS IN CA604164; S/T CA604164; TORONTO (YORK) , CITY OF TORONTO

Parking & Garage

Parking Total1.0
Parking Space1
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

None listed

Interior Features

  • Built-In Oven
  • Central Vacuum
  • On Demand Water Heater
  • Sump Pump

Security Features

  • Security System

Community Features

None listed

Frequently Asked Questions about 494 Atlas Avenue, Toronto, ON

Q.What is the asking price for 494 Atlas Avenue, Toronto, ON ?

The current listing price for 494 Atlas Avenue, Toronto, ON in Humewood-Cedarvale, Toronto is $2,499,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 5 bedrooms and 5 bathrooms across approximately 2500-3000 sqft.

Q.What property type and architectural style is 494 Atlas Avenue, Toronto, ON ?

494 Atlas Avenue, Toronto, ON is a Detached (2-Storey) featuring a Finished, Walk-Up basement.

Q.What interior features are included in this home?

Interior highlights include: Built-In Oven, Central Vacuum, On Demand Water Heater, Sump Pump.

Q.What security features are installed at 494 Atlas Avenue, Toronto, ON ?

Security features include: Security System.

Q.Is parking available at this property?

Yes, this property offers parking space for 1.0 vehicle (None).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

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Location

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494 Atlas Avenue, Toronto, ON

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Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Humewood-Cedarvale, Toronto

SAFETY RATING9.6 / 10
Low Incident Area
Total Annual Incidents151 incidents / yr
Average Per Month12.6 incidents / mo
Population Benchmark16,538 residents
Personal Safety
Low

49 assaults (299.7/100k)

Property Security
Moderate

29 B&E (177.4/100k)

Auto Theft Risk
Elevated

32 thefts (195.7/100k)

1-Year Trend
â–Ľ 13.7%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: Toronto Police Service (TPS) ArcGIS Open Data
Halton & GTHA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 494 Atlas Avenue, Toronto, ON M6C 3R3

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

Configure Loan Settings

Interest Rate4.00%
Down Payment$749,700 (30.0%)
* Minimum Canadian down payment required for this price is $499,800.
Amortization Period30 Years
Estimated Monthly Payment$8,318Based on a loan of $1,749,300 over 30 years.
Purchase Price$2,499,000
Loan Amount$1,749,300
Provincial Land Transfer Tax:$48,950
Toronto Municipal Land Transfer Tax:$48,950
Total Estimated Closing Taxes:$97,900

About Purchasing a Home in Toronto, ON

For a property listed at $2,499,000 in Toronto, the legal minimum down payment is $499,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $48,950 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $48,950 also applies, bringing the total estimated land transfer taxes to $97,900.

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Humewood-Cedarvale, Toronto Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Humewood-Cedarvale, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$1,316,826

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Best Schools in Humewood-Cedarvale, Toronto

Elementary Schools

Davisville
Public529 Vaughan Road, York, Toronto, Ontario, M4S 1J6
6.2
Forest Hill
PublicToronto, Ontario, M5P 2W8
8.3
St Alphonsus
Public60 Atlas Avenue, York, Toronto, Ontario, M6C 3N9
6.6
Holy Rosary
Public354 St. Clair Avenue West, Toronto, Ontario, M5P 2Y1
8.6
West Preparatory
Public70 Ridge Hill Drive, Toronto, Ontario, M6C 2J6
6.2

Secondary Schools

Forest Hill
Public78 Dunloe Road, Toronto, Ontario, M5P 2T6
7.5
Oakwood
Public991 St. Clair Avenue West, Toronto, Ontario, M6E 1A3
4.6

Humewood-Cedarvale, Toronto Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

Need more details or a custom CMA?

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.

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