177 Wallace Avenue, Toronto, ON

$1
MLS#:W13514220
7 beds
4 baths
2000-2500 sqft
2.0 parking
Residential Freehold
Residential Freehold for sale - 7 Bed, 4 Bath Home at 177 Wallace Avenue Toronto ON listed at $1 (MLS# W13514220) - Main View
For Sale
Added:Jul 2, 2026(126 days ago)
Updated:Jul 2, 2026(126 days ago)
Last Checked:19 minutes ago

Property Highlights

Welcome to this remarkable 3-Storey triplex located in the coveted neighborhood of Dovercourt-Wallace Emerson-Junction. Expertly crafted featuring premium brick front construction, this residence presents an exceptional opportunity offered at $1 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.

  • 7 Bedrooms and 4 Bathrooms with 4 functional kitchens
  • Generous living space spanning 2000-2500 sqft on a premium 25.17 x 75 ft lot
  • Features a finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
  • Ample parking with 2.0 garage spaces (2.0 total parking spaces)
  • Notable attributes: Other
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Discover an exceptional investment opportunity in the highly sought-after Dovercourt-Wallace Emerson-Junction (W02) neighborhood. This beautifully renovated property combines timeless character with modern design and includes four self-contained units, including a finished basement suite with separate entrances, making it ideal for multi-generational living, owner-occupiers seeking rental income, or investors looking for strong cash flow.

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Property Summary

This triplex located at 177 Wallace Avenue, Toronto is currently for sale and has been available for 126 days. This property is listed at $1 with an estimated mortgage of $0* per month. It has 7 beds, 4 bathrooms, and is 2000-2500 square feet. 177 Wallace Avenue, Toronto is in the Dovercourt-Wallace Emerson-Junction neighborhood.

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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 7 bedrooms and 4 bathrooms, this home offers ample space and comfort for growing families in Dovercourt-Wallace Emerson-Junction, Toronto.

Highly Recommended for Families
What We Love About This Home
  • •7 spacious bedroom layout offering versatile living space
  • •4 well-appointed bathrooms
  • •2000-2500 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Growing families needing multi-bedroom flexibility and space in Dovercourt-Wallace Emerson-Junction, Toronto.

Target Buyer Match

Key Features

Bedrooms
7
Bathrooms
4
Kitchens
4
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Price$1
AddedJul 2, 2026 (126 days ago)
UpdatedJul 2, 2026 (126 days ago)
Last Checked19 minutes ago
Transaction TypeFor Sale
List Office NamePROEDGE REALTY INC.

Property Details

Property Sub-TypeTriplex
Architectural Style3-Storey
ConstructionBrick Front
BasementFinished, Separate Entrance
Lot Size25.17 Ă— 75 Feet
CountyToronto
Annual Tax$6,478
Rental Itemshot water tank
Legal DescriptionPCL 20-1-Y SEC M88; PT LT 20 BLK Y PL M88 TORONTO; PT LT 21 BLK Y PL M88 TORONTO; PT LT 22 BLK Y PL M88 TORONTO; PT LT 23 BLK Y PL M88 TORONTO PT 2 R4109; TORONTO , CITY OF TORONTO

Parking & Garage

Parking Total2.0
Parking Space2
Garage Parking2.0
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

None listed

Interior Features

  • Other

Security Features

None listed

Community Features

None listed

Property History

No historical data available for this property.

This could be the first listing for this address.

Toronto Home Buyer Advisory & Market HubActive MLS® Listing in Toronto, Ontario

Looking to Buy a Home in Toronto?

If you are looking for a house in Toronto or researching Toronto real estate for sale, this 7-bedroom triplex at 177 Wallace Avenue, Toronto, ON offers an exceptional opportunity to buy a home in Toronto, Ontario. Whether you are a first-time Toronto home buyer or comparing active Toronto MLS® homes for sale, working with a dedicated Toronto buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.

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Dedicated Toronto Buyer Agent

Under Ontario REBBA/TRESA regulations, the listing brokerage is legally bound to the seller's financial interests. Work with an experienced Toronto realtor & real estate broker who represents you 100%—at zero cost to you as a buyer.

Toronto Buyer Budget & Costs

Estimated mortgage: $0*/month*. Estimated Ontario Land Transfer Tax: $0. First-time Toronto home buyers may qualify for up to $8,475 in rebates.

Frequently Asked Questions: Buying a Home in Toronto

Frequently Asked Questions about 177 Wallace Avenue, Toronto, ON

Q.What is the asking price for 177 Wallace Avenue, Toronto, ON ?

The current listing price for 177 Wallace Avenue, Toronto, ON in Dovercourt-Wallace Emerson-Junction, Toronto is $1.

Q.How many bedrooms and bathrooms does this property have?

This property features 7 bedrooms and 4 bathrooms across approximately 2000-2500 sqft.

Q.What property type and architectural style is 177 Wallace Avenue, Toronto, ON ?

177 Wallace Avenue, Toronto, ON is a Triplex (3-Storey) featuring a Finished, Separate Entrance basement.

Q.What interior features are included in this home?

Interior highlights include: Other.

Q.Is parking available at this property?

Yes, this property offers parking space for 2.0 vehicles (None).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

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Location

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177 Wallace Avenue, Toronto, ON

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Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Dovercourt-Wallace Emerson-Junction, Toronto

SAFETY RATING8.2 / 10
Low Incident Area
Total Annual Incidents344 incidents / yr
Average Per Month28.7 incidents / mo
Population BenchmarkArea Average residents
Personal Safety
Very Low

161 assaults (45.0/100k)

Property Security
Low

43 B&E (40.0/100k)

Auto Theft Risk
Low Risk

60 thefts (45.0/100k)

1-Year Trend
â–Ľ 5.5%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: Toronto Police Service (TPS) ArcGIS Open Data
Halton & GTA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

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Pricing & Value Insights

Data-driven valuation for 177 Wallace Avenue, Toronto, ON M6H 1V3

Estimated Sales Range
$0 - $0

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.

Market Trend
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Mortgage & Affordability Audit

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

Configure Loan Settings

Interest Rate4.00%
Down Payment$0 (0.0%)
* Minimum Canadian down payment required for this price is $0.
Amortization Period30 Years
Estimated Monthly Payment$0Based on a loan of $1 over 30 years.
Purchase Price$1
Loan Amount$1
Provincial Land Transfer Tax:$0
Toronto Municipal Land Transfer Tax:$0
Total Estimated Closing Taxes:$0

About Purchasing a Home in Toronto, ON

For a property listed at $1 in Toronto, the legal minimum down payment is $0 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 $0 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $0 also applies, bringing the total estimated land transfer taxes to $0.

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Dovercourt-Wallace Emerson-Junction, Toronto Neighborhood Guide

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

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$1,418,368

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%

Best Schools in Dovercourt-Wallace Emerson-Junction, Toronto

Elementary Schools

Dovercourt
Public228 Bartlett Avenue, Toronto, Ontario, M6H 3G4
4.3
St Sebastian
Public717 Brock Avenue, Toronto, Ontario, M6H 3P1
10.0
St Mary of the Angels
Public1477 Dufferin Street, Toronto, Ontario, M6H 4C7
6.4
St Anthony
Public1037 Bloor Street West, Toronto, Ontario, M6H 1M2
8.9
Regal Road
Public95 Regal Road, Toronto, Ontario, M6H 2J6
7.1

Secondary Schools

Bloor
Public90 Croatia Street, Toronto, Ontario, M6H 4B4
9.2
Loretto
Public151 Rosemount Avenue, Toronto, Ontario, M6H 2N1
5.7
Oakwood
Public991 St. Clair Avenue West, Toronto, Ontario, M6E 1A3
4.6
Bishop Marrocco/Thomas Merton
Public1515 Bloor Street West, Toronto, Ontario, M6P 1A3
4.3
Toronto Ouest
Public330 Lansdowne Avenue, Toronto, Ontario, M6H 3Y1
8.8

Dovercourt-Wallace Emerson-Junction, Toronto Demographic Home information

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.

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