REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 2,195,000
Est. payment /mo
New
490 Summerhill AVE Toronto C09, ON M4W 2E5
7 Beds
3 Baths
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3500-5000
Municipality Toronto C09
Subdivision Rosedale-Moore Park
MLS Listing ID C13446044
Style 3-Storey
Bedrooms 7
Annual Tax Amount $12,706
Tax Year 2025
Property Sub-Type Detached
Property Description
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.
Location
Province ON
County Toronto
Community Toronto C09
Area Toronto
Rooms
Family Room No
Basement Unfinished
Kitchen 3
Interior
Interior Features None
Cooling Window Unit(s)
Fireplace Yes
Heat Source Gas
Exterior
Garage Spaces 2.0
Pool None
Roof Type Asphalt Shingle
Lot Frontage 33.0
Lot Depth 120.0
Total Parking Spaces 4
Building
Foundation Unknown
Others
ParcelsYN Yes
Listed by CHESTNUT PARK REAL ESTATE LIMITED