223 Wallace Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable 2 1/2 Storey semi-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 $1,419,000 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.
- 5 Bedrooms and 3 Bathrooms with 2 functional kitchens
- Generous living space spanning 2000-2500 sqft on a premium 16.12 x 98 ft lot
- Features a separate entrance, apartment basement, adding superb versatility for recreation, a home gym, or extra storage
- 1.0 total parking spaces available
- Notable attributes: Sump Pump
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Rare Opportunity in Toronto's Hottest Neighbourhood! Welcome to Wallace Avenue - a fully upgraded, ultra-versatile property nestled in the heart of the Junction Triangle, one of Toronto's most exciting and fast-growing communities. Whether you're a savvy investor, a first-time buyer, or looking for a multi-functional space to call your own, this home checks every box. Live Stylishly ! Invest Smartly ! Move-in ready with designer upgrades and thoughtful touches throughout. Ideal for house sharing - live in one unit, rent out the other, and build equity fast!Turnkey setup for investors this home is ready to generate income immediately ! If you are looking to get into the market- this home is move in ready and fully upgraded.Modern kitchen with stunning centre island perfect for entertaining. Separate living/music room and a formal dining space. Bright west-facing sunroom for afternoon lounging or remote work. Upstairs boasts: Two generously sized bedrooms - a renovated 4-piece bath- Updated kitchen with breakfast bar- Private west-facing patio (currently a Catio but easily converted). The Basement offers: a separate entrance -Above-grade windows & extra ceiling height -Heated floors -Spacious bedroom with walk-in closet - Sleek 4-piece bathroom with luxurious soaker tub! The backyard rocks with: Sun-drenched west-facing exposure- ideal for summer BBQs & weekend hang outs - 1 Parking Spot and Laneway Housing Potential that unlocks even more value in the future! Location is spectacular! Situated in the dynamic Junction Triangle you are steps to local cafes, bakeries, Peppers for the city's best Korean fried chicken, Halo Brewery, TTC, UP Express, and the upcoming Galleria Development! You're not just buying a home- you are buying into a lifestyle, a community, and serious growth potential. 223 Wallace is a must to see and will blow your mind!
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Property Details
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Heating & Cooling
Features
Property Features
Library, Park, Public Transit, Rec./Commun.Centre, School
Interior Features
Sump Pump
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Community Features
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 223 Wallace Avenue, Toronto W02, ON M6H 1V5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $1,419,000 in Toronto, the legal minimum down payment is $283,800 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 $24,855 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $24,855 also applies, bringing the total estimated land transfer taxes to $49,710.
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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.
