| Exceptional investment opportunity in prestigious North Rosedale. Situated on coveted Summerhill Avenue, this impressive three-storey property offers incredible flexibility for investors, multi-generational families, or homeowners seeking supplemental rental income. The home features two spacious self-contained apartments plus a charming one-bedroom loft suite with a private balcony, creating multiple living arrangements and income-generating possibilities. Live comfortably in one unit while offsetting expenses with rental income from the others, or capitalize on the property's full investment potential. Set on a desirable lot, the property also includes a detached two-car garage with exciting potential for a future laneway house (subject to applicable approvals), offering an opportunity to further enhance value and income potential. Ideally located just steps from the natural beauty of Chorley Park, the conveniences of Summerhill Market, and some of Toronto's most sought-after amenities, this prime North Rosedale address combines urban convenience with the charm and prestige of one of the city's most distinguished neighbourhoods. A rare opportunity to own a versatile property in an exceptional location with outstanding lifestyle and investment appeal. Garden Suite report available. |
| Price | $2,195,000 |
| Taxes: | $12706.00 |
| Assessment Year: | 2025 |
| Occupancy: | Partial |
| Address: | 490 Summerhill Avenue , Toronto, M4W 2E5, Toronto |
| Directions/Cross Streets: | Summerhill Ave and Glen Rd |
| Rooms: | 14 |
| Bedrooms: | 7 |
| Bedrooms +: | 0 |
| Family Room: | F |
| Basement: | Unfinished |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Main | Living Ro | 15.06 | 19.65 | Hardwood Floor, Fireplace, Bay Window |
| Room 2 | Main | Dining Ro | 15.58 | 12.53 | Hardwood Floor, West View, Window |
| Room 3 | Main | Kitchen | 9.15 | 12.53 | Hardwood Floor, West View, Window |
| Room 4 | Main | Bedroom | 13.28 | 9.81 | Hardwood Floor, Window |
| Room 5 | Main | Bedroom 2 | 13.71 | 9.81 | Hardwood Floor, Window |
| Room 6 | Main | Bedroom 3 | 9.18 | 12.53 | Hardwood Floor, Window |
| Room 7 | Main | Office | 9.61 | 9.81 | Hardwood Floor, Large Window |
| Room 8 | Main | Foyer | 4.4 | 8.33 | Hardwood Floor |
| Room 9 | Second | Living Ro | 19.75 | 13.32 | Hardwood Floor, Fireplace, Bay Window |
| Room 10 | Second | Dining Ro | 11.22 | 12.86 | Hardwood Floor, West View, Window |
| Room 11 | Second | Primary B | 13.87 | 9.81 | Hardwood Floor, Window |
| Room 12 | Second | Bedroom 2 | 12.04 | 9.81 | Hardwood Floor, Window |
| Room 13 | Second | Bedroom 3 | 9.18 | 12.53 | Hardwood Floor, Window |
| Room 14 | Second | Kitchen | 9.15 | 12.53 | West View, Window, Walk-Out |
| Room 15 | Second | Sunroom | 9.45 | 9.81 | Broadloom, Large Window |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 3 | Main |
| Washroom Type 2 | 3 | Second |
| Washroom Type 3 | 4 | Third |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Total Area: | 0.00 |
| Property Type: | Detached |
| Style: | 3-Storey |
| Exterior: | Brick |
| Garage Type: | Detached |
| Drive Parking Spaces: | 2 |
| Pool: | None |
| Approximatly Square Footage: | 3500-5000 |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | Y |
| Heat Type: | Water |
| Central Air Conditioning: | Window Unit |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Elevator Lift: | False |
| Sewers: | Sewer |
| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| CHESTNUT PARK REAL ESTATE LIMITED |
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| Book Showing | Email a Friend |
| Type: | Freehold - Detached |
| Area: | Toronto |
| Municipality: | Toronto C09 |
| Neighbourhood: | Rosedale-Moore Park |
| Style: | 3-Storey |
| Tax: | $12,706 |
| Beds: | 7 |
| Baths: | 3 |
| Fireplace: | Y |
| Pool: | None |