497-499 EVANS AVENUE, Toronto, Ontario

$1,499,999

7 Beds
4 Baths

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:56241)

Listing ID: W12396025
Property Type: Single Family

View Additional Photos

Schedule a Tour

Don't have a real estate agent? Use the calendar to schedule a showing with one of our Toronto real estate agents to view this property.

Schedule Private Tour

Are you looking for a private viewing? Schedule a tour with one of our Toronto real estate agents.

Match your Lifestyle with your Home

Let us put you in touch with a REALTOR® who specializes in the Toronto market to match your lifestyle with your ideal home.
Get Started Now

Lifestyle Matchmaker

Let one of our Toronto real estate agents help you find a property to match your lifestyle.

Details

Equipment: Water Heater
Features: Carpet Free, Sump Pump
Ownership: Freehold
Parking Spaces: 4
Rental Equipment: Water Heater
Transaction: For sale

Building

Appliances: Water Heater, Dryer, Stove, Washer, Refrigerator
BasementType: N/A (Finished)
Basement Development: Finished
Bedrooms Main Level: 7
Construction Style Attachment: Detached
Construction Style Split Level: Sidesplit
Cooling: Central air conditioning
Exterior Finish: Brick, Stucco
Fireplace Present: False
Foundation: Block
Bathrooms (Half): 1
Bathrooms (Total): 4
Heating: Forced air
Heating Fuel: Natural gas
Size Interior: 2500 - 3000 sqft
Type: House
Utility Water: Municipal water

Land

Sewer: Sanitary sewer
Size Frontage: 48 ft ,1 in
Size Irregular: 48.1 x 106 FT

Listing provided by Keller Williams Home Group Realty
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 497-499 EVANS AVENUE in Toronto Ontario. It was last modified on September 11th, 2025. Contact us to schedule a viewing or to discover other Toronto homes for sale.

Request More Information

Want more information or schedule a showing? Let us put you in touch with one of our agents who specializes in Toronto properties.

Terms of Use Agreement

Terms of Use
This website is operated by Royal LePage® Toronto, a brokerage who is a member of The Canadian Real Estate Association (CREA). The content on this property is owned or controlled by CREA. By accessing this website, the user agrees to be bound by these terms of use as amended from time to time, and agrees that these terms of use constitute a binding contract between the user, Royal LePage® Toronto, and CREA.

Copyright
The content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically prohibited. Prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate the content of this website.

Trademarks
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA’s By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the professional real estate services provided by members of CREA.

Liability and Warranty Disclaimer
The information contained on this website is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members, and assumes no responsibility for its completeness or accuracy.

Amendments
Royal LePage® Toronto may at any time amend these Terms of Use by updating this posting. All users of this site are bound by these amendments should they wish to continue accessing the website, and should therefore periodically visit this page to review any and all such amendments.

Agree Decline

Toronto Real Estate

Find Latest MLS® Properties For Sale