497-499 Evans Avenue

Alderwood, Etobicoke, Toronto

497-499 Evans Avenue
497-499 Evans Avenue
497-499 Evans Avenue
+43
7
 bed
4
 bath
4
 parking
2500 - 3000
 sqft
Detached
$1,499,999
For Sale
3 days
 on site
$1,499,999
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Size
-
Lot size
5096 sqft
Street frontage
-
Possession
2025-12-01
Price per sqft
$500 - $600
Taxes
$5,408 (2024)
Parking Type
-
Style
Sidesplit
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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!
Broker: Keller Williams Home Group Realty
MLS®#: W12396025
Property details
Parking:
4
Parking type:
-
Property type:
Detached
Heating type:
Forced Air
Style:
Sidesplit
MLS Size:
2500-3000 sqft
Lot front:
48 Ft
Lot depth:
106 Ft
Listed on:
Sep 11, 2025
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Instant estimate:
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$3,431
higher than listed price
i
High
$1,566,381
Mid
$1,503,430
Low
$1,416,618
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About 497-499 Evans Avenue

Located at 497-499 Evans Avenue, this Etobicoke detached house is available for sale. It was listed at $1499999 in September 2025 and has 7 beds and 4 bathrooms. Situated in Etobicoke's Alderwood neighbourhood, Islington-City Centre West, Long Branch, New Toronto and Mimico are nearby neighbourhoods.

There are a lot of great restaurants around 499 Evans Ave, Toronto. If you can't start your day without caffeine fear not, your nearby choices include Country Style. For grabbing your groceries, Sandown Market is only a 9 minute walk.

For those residents of 499 Evans Ave, Toronto without a car, you can get around quite easily. The closest transit stop is a Bus Stop (Evans Ave at North Carson St) and is only steps away connecting you to Toronto's public transit service. It also has route Evans, and route Evans - Brown's Line Night Bus nearby. For drivers, the closest highway is Gardiner Expressway and is within a 4-minute drive from 499 Evans Ave, making it easier to get into and out of the city getting on and off at Kipling Ave.