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490 Summerhill Ave
Toronto C09, ON M4W 2E5
490 Summerhill Ave, Toronto C09 — Listed at $2,195,000. 7 bedroom, 3 bathroom 3-Storey. MLS® C13446044.
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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.
Property Details
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Listing Courtesy of: CHESTNUT PARK REAL ESTATE LIMITED
MLS® #C13446044


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HouseIndex Take: 490 Summerhill Avenue
This detached (3-Storey) is located in the Rosedale-Moore Park neighbourhood of Toronto.
The home offers 7 bedrooms, 3 bathrooms.
Features include a unfinished basement, 4 parking spaces including a 2-car garage, a fireplace.
Additional details: lot dimensions of 33 × 120 feet.
Listed at $2,195,000 CAD with annual property taxes of $12,706 (2025). This listing has been on the market for 6 days.
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About Toronto Real Estate
This Detached is located in the Rosedale-Moore Park community in Toronto. Toronto is Canada's largest city and the economic hub of the Greater Toronto Area. With world-class transit, diverse neighbourhoods from the Annex to Scarborough, and proximity to major employers in the Financial District, it remains the most sought-after real estate market in Ontario. Buyers benefit from extensive GO Transit and TTC subway connectivity. Detached homes in Toronto are in high demand among families seeking space, privacy, and long-term equity growth.