356 Wallace Avenue
Toronto (Dovercourt-Wallace Emerson-Junction), ON M6P 3P2
- 3+1Bedrooms
- 3Bathrooms
- 0Garage
- 1500–2000Sq Ft
- $6,138Tax
- 23×125 ftLot Size
Estimated Value:$1,312,500See Free Estimate Report
Property not available for sale or for rent.
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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for 356 Wallace Avenue, Toronto, Dovercourt-Wallace Emerson-Junction
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About 356 Wallace Avenue, Toronto, Dovercourt-Wallace Emerson-Junction
Summarized Description
- Rare detached home with separate living spaces.
- Potential for $6,000/month rental income.
- Located in sought-after Junction Triangle.
- Flexible living across three levels.
- Close to parks and transit options.
- Ideal for investors or multi-generational families.
- Smooth ceilings with pot lights on ground floor.
Rare opportunity to own a Detached Home currently configured with separate living spaces on Main and second floors + Loft and Finished Basement Apartment!!! This income property on a quiet, tree-lined street in Toronto's sought-after Junction Triangle, just steps to the West Toronto Railpath, transit, parks and vibrant west-end amenities. Flexible living across 3 levels with approximately $6,000/month in rental income potential, offering an ideal setup for investors or buyers looking to live in one level while generating income from the others. Smooth Ceiling with Pot Lights on Ground Floor. Each level (excluding loft area) features its own kitchen and bathroom, thoughtfully configured to support multi-unit living, extended family, or continued rental use. A fantastic opportunity to combine lifestyle, location, and income potential in one of Toronto's most dynamic west-end neighbourhoods.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $6,138
- Land Transfer Tax Fee
- $42,950
Rental Items
- Rental Equipment
- Parking $350/year, HWT $48.75/month
- Basement Type
- Finished, Walk-Up
Interior Features
- Interior Extras
- Other
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Pool
- None
Building
- Building Type
- Detached
- Building Style
- 2 1/2 Storey
Construction
- Exterior Finish
- Brick
- Roof
- Asphalt Shingle
- Foundation Details
- Unknown
- Special Designation
- Unknown
Lot
- Lot Front
- 23.28 ft
- Lot Depth
- 125.00 ft
- Lot Size
- 24.00 x 125.00 Feet (Parcel 44-3-Pt6)
- Lot Size Code
- 24.00 x 125.00 Feet (Parcel 44-3-Pt6)
Inclusions
- Inclusions
- Fridge x 3, Stove x 3, New Range Hood X 3, Washer x 1, All Electrical Fixtures. Air Conditioner, Storage Shed, New Floor on Ground level: Den, Living Room, Bedroom, Second Floor: 2 Bedrooms, Basement: Bedroom.
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 0
- Parking Spaces
- 2
- Total Garage And Parking Spaces
- 2
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 3 + 1
- Washrooms
- 3
- Kitchens
- 3
Room sizes
- Living Room3.81 x 3.35Ground level, Carpet Free, Window
- Bedroom4.09 x 3.37Ground level, Carpet Free
- Kitchen4.45 x 3.44Ground level, Combined w/Dining, Tile Floor, W/O To Yard
- Den4.08 x 2.90Ground level, Marble Floor, Large Window
- Bedroom3.45 x 2.38Second level, Carpet Free, Window, Closet
- Bedroom 24.70 x 4.18Second level, Carpet Free, Bay Window, Closet
- Kitchen3.38 x 3.01Second level, Combined w/Dining, Tile Floor, Window
- Loft7.92 x 3.00Third level, Open Concept, Window
- Living Room4.63 x 3.44Basement level, Ceramic Floor, Walk-Up
- Bedroom—Basement level, Carpet Free, Window
- Kitchen—Basement level, Combined w/Dining, Ceramic Floor
Washrooms
- 3-piece, Ground
- 3-piece, Second
- 4-piece, Basement
- Area
- Toronto W02
- Municipality
- Toronto
- Neighbourhood
- Dovercourt-Wallace Emerson-Junction
- Main cross streets
- Wallace/Perth
- Zoning
- Res
- Directions
- Bloor St W to Symington Ave turn right, Wallace turn left.
- MLS® number
- W13349158
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-09-30
- Listed on
- 2026-06-06
- Days on market
- 116 days
- Possession type
- Immediate
- Co-op commission
- 2.5%
- Seller
- Listed by
- FIRST CLASS REALTY INC.
Home Market Value
Current home valuation for 356 Wallace Avenue, Toronto, Dovercourt-Wallace Emerson-Junction, Toronto, ON. Listed for $1,250,000
HOMEH Estimate
$1,312,500
Estimated Sales Range
$1,186,819 - $1,501,398
HOMEH Estimate for 356 Wallace Avenue, Toronto, Dovercourt-Wallace Emerson-Junction
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $750,000 over $500K
$100,000
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $46,000 | $34,875 | $29,750 | $0 |
=Total mortgage | $1,196,000 | $1,159,875 | $1,092,250 | $1,000,000 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $5,839monthly | $5,663monthly | $5,333monthly | $4,883monthly |
Land Transfer Tax
$21,475
$21,475
$42,950
Around this home
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