112 Wallace Avenue, Toronto, ON

$1,199,900
MLS#:W12052079
3 beds
3 baths
1100-1500 sqft
1.0 parking
Residential Freehold
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable 2-Storey att/row/townhouse located in the coveted neighborhood of Dovercourt-Wallace Emerson-Junction. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,199,900 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.

  • 3 Bedrooms and 3 Bathrooms with 2 functional kitchens
  • Generous living space spanning 1100-1500 sqft on a premium 15.17 x 124 ft lot
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 1.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Carpet Free
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Exceptional opportunity to own a home or acquire a solid investment property in the desirable Bloordale neighbourhood. This 2-storey home features 3 bedrooms and 3 bathrooms. Notably, the main floor boasts a beautiful kitchen with a walk-out to a backyard patio, complemented by wainscoting, moulded ceilings and pot lighting. Currently set up with a separate unit with two entrances in the basement for overnight guests or in-laws or return the house easily into a single family home. Large detached garage in the backyard just through the garden and fruitful Apricot tree. Highlights: brand new roof- March 2025, upgraded windows in living room, kitchen walk-out, master bedroom, lovely powder room on main floor. Nestled in a dynamic and diverse community, offering a blend of culinary delights, recreational spaces, and cultural experiences.The location offers proximity to various amenities, including restaurants like Taqueria Gus, Alma, and African Delight Cafe and Restaurant and Wallace Cafe. Grocery options are a short walk away, and Rexall is also within walking distance. Outdoor spaces such as Dovercourt Park, and Dufferin Grove Park are close by, providing recreational options. Public transit is convenient, with a TTC bus stop at Lansdowne Ave and Wallace Ave, and Dufferin subway Station just a 4-minute walk away. Offers anytime!

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Key Features

Bedrooms
3
Bathrooms
3
Kitchens
2
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateApril 29, 2025
Sold price information is available to members only
Listed Date3/31/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeAtt/Row/Townhouse
Architectural Style2-Storey
ConstructionBrick
BasementFinished
Lot Size15.17 × 124 Feet
CountyToronto
Annual Tax$4,899.73
Legal DescriptionPT LT 21 PL 516 NORTH WEST ANNEX AS IN CA763721; CITY OF TORONTO

Parking & Garage

Parking Spaces1.0
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Park, Public Transit, Place Of Worship, Rec./Commun.Centre, Fenced Yard

Interior Features

Carpet Free

Security Features

Community Features

Location

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112 Wallace Avenue, Toronto, ON
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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 112 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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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

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Interest Rate5.25%
Down Payment$239,980 (20.0%)
* Minimum Canadian down payment required for this price is $239,980.
Amortization Period25 Years
Estimated Monthly Payment$5,720Based on a loan of $959,920 over 25 years.
Purchase Price$1,199,900
Loan Amount$959,920
Provincial Land Transfer Tax:$20,473
Toronto Municipal Land Transfer Tax:$20,473
Total Estimated Closing Taxes:$40,946

About Purchasing a Home in Toronto, ON

For a property listed at $1,199,900 in Toronto, the legal minimum down payment is $239,980 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $20,473 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $20,473 also applies, bringing the total estimated land transfer taxes to $40,946.

Nearby Listings

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$1,167,756

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

St Monica
Public14 Broadway Avenue, Toronto, Ontario, M4P 1T4
6.9
Deer Park
Public23 Ferndale Avenue, Toronto, Ontario, M4T 2B4
6.9
St Anselm
Public182 Bessborough Drive, Toronto, Ontario, M4G 3J9
8.7
Blythwood
PublicToronto, Ontario, M4G 0A6
9.4
Our Lady of Perpetual Help
Public1 1/2 Garfield Avenue, Toronto, Ontario, M4T 1E6
9.7

Secondary Schools

North Toronto
Public17 Broadway Avenue, Toronto, Ontario, M4P 1T7
8.4
Northern
Public851 Mount Pleasant Road, Toronto, Ontario, M4P 2L5
8.2
Marshall McLuhan
Public1107 Avenue Road, Toronto, Ontario, M5N 3B1
7.2
Leaside
Public200 Hanna Road, Toronto, Ontario, M4G 3N8
9.1
Forest Hill
Public78 Dunloe Road, Toronto, Ontario, M5P 2T6
7.5

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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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.