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Sunny Pamma

[email protected] +1(778) 899-7996

$ 1,649,000

Est. payment -/mo

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151 WALLACE AVENUE Toronto (dovercourt-wallace Emerson-junction), ON M6H1V1

7 Beds

3 Baths

1,500 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 1,500 sqft

Price per Sqft $1,099

Subdivision Dovercourt-Wallace Emerson-Junction

MLS® Listing ID W12505844

Bedrooms 7

Property Sub-Type Freehold

Source Toronto Regional Real Estate Board

Property Description

Live in style and invest wisely! Discover a rare opportunity in one of Toronto's most desirable neighborhoods - the vibrant Junction Triangle-Little Portugal. Welcome to 151 Wallace Avenue, a fully renovated and highly versatile property in the heart of a dynamic, fast-growing community. It is a legal duplex, perfect for investors, first-time buyers, or multi-generational living, this home offers exceptional flexibility. Enjoy income potential from two rental units, or easily convert it into a spacious single-family residence with a separate basement suite for added revenue. Ideal for house-sharing - live in one unit, rent out the other, and watch your equity grow! This turnkey property is fully leased at strong market rents - see attached financials. The main floor features a bright two-bedroom unit with access to a private backyard and a walkout deck perfect for relaxing. Upstairs, you'll find a three-bedroom suite with a renovated bath and a sunny balcony. The basement includes a separate entrance, above-grade windows, and large bedrooms - all with in-unit laundry. The south-facing backyard is perfect for summer BBQs and gatherings with friends and family, with one front yard parking spot and a second accommodated adjacently. This property has future potential for back extension and or garden suite to increase value. Location is unbeatable - steps from local cafés, bakeries, Toronto's best Korean fried chicken spots, breweries, and the TTC. This isn't just a home - it's a lifestyle investment in one of the city's most exciting communities with outstanding further growth potential. (id:24570)

Location

Province ON

Rooms

Kitchen 3.0

Extra Room 1 Second level 4 m X 2.4 m Kitchen

Extra Room 2 Second level 4.84 m X 2.69 m Bedroom

Extra Room 3 Second level 4.34 m X 2.75 m Bedroom 2

Extra Room 4 Second level 2.77 m X 2.55 m Bedroom 3

Extra Room 5 Basement 4.48 m X 2.38 m Kitchen

Extra Room 6 Basement 2.84 m X 2.43 m Bedroom

Interior

Heating Forced air

Cooling Central air conditioning

Flooring Laminate, Hardwood

Exterior

Parking Features No

Fence Fenced yard

View Y/N No

Total Parking Spaces 1

Private Pool No

Building

Story 2

Sewer Sanitary sewer

Others

Ownership Freehold

Listed by MCCANN REALTY GROUP LTD.

Sunny Pamma

Agent | License ID: FPAMMSU

+1(778) 899-7996

Sunny Pamma

151 WALLACE AVENUE Toronto (dovercourt-wallace Emerson-junction), ON M6H1V1

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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151 WALLACE AVENUE