177 Wallace Avenue No longer available

Toronto, Dovercourt-Wallace Emerson-Junction, M6H 1V3

$2,400,000

Description

Listed by PROEDGE REALTY INC..

This property at 177 Wallace Ave presents a fantastic investment opportunity! Its a detached triplex with separate utilities for each unit, and being just a few minutes walk from Lansdowne subway Station makes it even more desirable. With the a very good rental income, its a strong income-producing asset. The recent upgrades are impressive, too. The old radiant/boiler system has been replaced with a new HVAC system, which includes a new AC, furnace, and hot water tank. Over the past year, the property has seen significant renovations, including new plumbing, lighting, electrical fixtures, and upgraded kitchens and bathrooms. The exterior has been refreshed with a brand-new porch and stonework. All of this has resulted in a stylish and modern property,. Rental occupancy is 100%.

Location

View Map
  • Address: 177 Wallace Avenue
  • Neighborhood: Dovercourt-Wallace Emerson-Junction
  • City: Toronto
  • State: Ontario
  • Postal Code: M6H 1V3

Property Details

  • Property ID: W11953973
  • Property Price: $2,400,000
  • Style: Triplex, 2 1/2 Storey
  • Rooms: 7
  • Bedrooms: 5+2
  • Bath: 4
  • Parking Spaces: 2
  • A/C: Window Unit
  • Basement: Finished, Sep Entrance
  • Central Vac.: N
  • Den: N
  • Exterior: Brick
  • Heating: Radiant
  • Fireplace: Y
  • Taxes: $6,000.00 (2024)
  • Acreage: < .50 Acres
  • Lot: 75.00x25.17 (Feet)

Room details and dimensions

Statistics for similar Triplex homes in Dovercourt-Wallace Emerson-Junction

The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.

Average days on market for similar Triplex homes in Dovercourt-Wallace Emerson-Junction

The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.

Number of transactions for similar Triplex homes in Dovercourt-Wallace Emerson-Junction

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100

Nearby Listings

Semi-Detached House for sale at 177 Wallace Avenue, Toronto, Dovercourt-Wallace Emerson-Junction, M6H 1V3 - MLS: W11989219
  • New
  • For Sale

177 Wallace Avenue

Toronto, Dovercourt-Wallace Emerson-Junction, M6H 1V3

  • 5+2 Bedrooms
  • 4 Bath