148 Wallace Avenue, Toronto W02, ON

$1,649,000
MLS#:W12908474
4 beds
3 baths
1500-2000 sqft
2.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2-Storey"] detached located in the coveted neighborhood of Dovercourt-Wallace Emerson-Junction. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,649,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 4 Bedrooms and 3 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 20 x 100 ft lot
  • Features a ["separate entrance", "walk-up", "finished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Carpet Free, Floor Drain, On Demand Water Heater
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Welcome to 148 Wallace Avenue a striking fully renovated detached residence where thoughtful design, elevated finishes, and seamless functionality come together in the heart of Wallace Emerson. A beautifully landscaped front patio creates a private and inviting entry. Inside, natural light fills the home, showcasing a meticulous renovation where every detail has been carefully considered. A rear extension on both the main and lower levels delivers exceptional living space designed for modern living. The main floor is built for entertaining friends and family. An expansive open concept living and dining area with a wood burning fireplace flows into an oversized chef's kitchen and rear family room. Floor to ceiling tri fold doors open completely to the private backyard, creating effortless indoor outdoor living. An integrated Sonos system connects both spaces. A chic powder room and striking glass railed staircase complete the level. Upstairs, three beautifully appointed bedrooms offer flexibility and comfort. The primary retreat features a walkout to a private glass enclosed terrace, a rare treetop escape. A generous second bedroom and bright front bedroom overlooking a cherry tree are ideal for family or work from home. The spa inspired bathroom includes a glass shower and limestone Victoria & Albert soaker tub. The fully underpinned lower level offers 9 foot ceilings, heated floors, a new laundry room, spa like bathroom, and separate entrance. With rough ins for a future kitchen, it is perfectly suited for a self contained suite. A newly built double car garage offers laneway suite potential with foundation for a second level and roughed in gas, water, and electrical. Steps to Bloor Street, cafés, restaurants, boutiques, Galleria Park, excellent schools (incl Bloor CI), TTC, UP Express, GO Transit, and major highways.148 Wallace offers a rare opportunity to own a sophisticated urban home in one of Toronto's most dynamic west end communities.

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Key Features

Bedrooms
4
Bathrooms
3
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMarch 26, 2026
Sold price information is available to members only
Listed Date3/23/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionBrick
Lot Size20 × 100 Feet
CountyToronto
Annual Tax$6,364.49
Legal DescriptionPLAN M88 BLK V PT LOT 22

Parking & Garage

Parking Spaces2.0
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Community Features

Location

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148 Wallace Avenue, Toronto W02, ON

City & Neighborhood Guide

Comprehensive neighborhood overview, demographics, and school rankings for Dovercourt Wallace Emerson Junction, Toronto W02.

Verified Local Data
Population6,202,225
Median Age39.6 Yrs
Ownership65% Owners
Avg Area List Price$850,000

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 148 Wallace Avenue, Toronto W02, ON M6H 1T5

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Financial Audit

Estimated Costs

Loan Amount$1,319,200
Monthly Mortgage$7,665
Property Tax (Est.)$530
Utilities & Maint.$350
Total Monthly Cost$8,545

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Toronto W02.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.