497-499 Evans Ave
Alderwood, Toronto
$1,499,999
Buy with Dwelly and Save $15,000
Home Details
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Listing Description
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!
Fridge(2), Stoves(2), DW, Washer(2), Dryer(2)
City: Toronto
Neighborhood: Alderwood
Property History
Rooms
Room dimensions for 497-499 Evans Ave, Toronto
Market Trends and Insights
Mortgage Calculator
Your estimated monthly payment for 497-499 Evans Ave is 7845
Price
$Rate
%Ammortization
Down Payment
$Total Mortgage
| Purchase Price | $1499999 |
| Down Payment | $300000 |
| Mortgage Insurance | $0 |
| Total Mortgage | $1199999 |
Monthly Payment
| Mortgage Payment | $7395 |
| Property Taxes | $451 |
| Maintenance Fees | $0 |
| Monthly Payment | $7845 |
About 497-499 Evans Ave, Toronto
Located at 497-499 Evans Ave , this Toronto house is available for sale. This property was listed for $1,499,999 on Wed Sep 10 2025. This house's size is 2500-3000 Sqft. It has 7 bedrooms and 4 bathrooms. The property includes the following rooms: , , , , , , , , , , , . This property comes with 4 parking spots. 497-499 Evans Ave, Toronto is situated in the Alderwood neighbourhood.
MLS#: W12396025 · $1,499,999 · 7 bedroom house in Alderwood, Toronto