$2,295,000 - 33 Atlas Avenue, Forest Hill
Multi-Family for Sale in Forest Hill
New — Listed 7 days agoNeighbourhood: Humewood-Cedarvale
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- MLS Number
- C13877866
- Property Type
- Multi-Family
- Status
- active
- Days on Site
- 7
- Bedrooms
- 7
- Bathrooms
- 3
- Square Feet
- 3,000 - 3,499 sqft
- Neighbourhood
- Forest Hill / Deer Park
- Lot Size
- 4,607 sqft
- Taxes (2025)
- $7,662
- Listing Brokerage
- REAL BROKER ONTARIO LTD.
Amazing on Atlas. A rare, full triplex on one of the neighbourhood's quietest streets, 33 Atlas Avenue hits the market for the first time after 60 years and four generations of one family. This home has a genuine soul and a story you can't manufacture. At 46.06 feet wide by 100.13 feet deep, this is one of the widest lots on Atlas and a rare find for the neighbourhood, where most frontages sit well under 30 feet. That width changes what the property can become: a generous side yard, room for a proper garden or parking, and a footprint that invites reimagining. Three-unit income property, sprawling single-family home, or something the street hasn't seen yet, the lot gives you the canvas. The building lives as three distinct units. The main floor offers a comfortable one-bedroom suite. Above it, a spacious upper unit spans two storeys: kitchen and bath on the lower level, a private bedroom, then a bedroom and bonus room above. Connected at the back, the original home is a charming self-contained two-bedroom suite. Perfect for house hackers: live in one unit and rent the other two, or share the building with friends or family while the rents carry the mortgage. That back apartment is where it all started. Believed to be the first dwelling on the street, it traces to the Graham family, whose name still marks the local park and Graham Gardens. Acquired in 1966 from Mr. Graham, grandson of the original owner and builder, its role as an early anchor in the urbanization of York Township, with ties to Toronto's First World War home-front efforts, is valued by local historians. Steps from parks, cafes, shops, and the restaurants of St. Clair West, with easy transit downtown. Families will appreciate proximity to St. Michael's College School, Hudson College, and De La Salle College "Oaklands." 33 Atlas offers flexibility that is hard to find: a true piece of the street's history, on one of its widest lots, with no heritage designation to limit what comes next.
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Estimated Payment
$10,151.56/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Humewood-Cedarvale
Humewood-Cedarvale is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Humewood-Cedarvale
- •Convenient location in Forest Hill / Deer Park
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Humewood-Cedarvale offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
33 Atlas Avenue, Forest Hill / Deer Park
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $765/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Just Listed - Act Strategically
This property hit the market within the last week. In Forest Hill's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
Larger Home Realities
At 3,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Excellent Flexibility
With 7 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Forest Hill.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
About Humewood-Cedarvale
I know Humewood-Cedarvale well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.