
This property was sold on July 18, 2026. This listing is for reference purposes only. to view the sold price.
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Dovercourt-Wallace Emerson-Junction. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $1,189,900 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.
Bubbling with versatility, character, and endless potential, this detached home has all the right ingredients to stir up something truly magical.Behind its quaint, storybook exterior, framed by lush greenery and a welcoming covered porch, lies a home full of delightful surprises. The first two levels each feature an open-concept kitchen connected to a bright, airy living room, a well-proportioned and inviting bedroom, and a full bathroom. Where the upper level offers French doors opening to a Juliet balcony, the main floor is elevated by an oversized sliding door that floods the living space with natural light and creates a seamless connection to the backyard. Downstairs, a spacious finished flex space, additional full bathroom, and abundant storage add even more versatility.Step outside to discover an enchanting backyard where a spacious two-tier deck overlooks a low-maintenance fully-fenced yard nestled beneath a lush canopy of mature trees, creating the perfect balance of sunshine, shade, and privacy. Beyond the garden, you'll find the rare convenience of two-car laneway parking, completing a charming blend of flexibility, function, and future potential.This charmed home is located just steps from Geary Ave, one of Toronto's most vibrant and beloved streets in one of the city's most exciting and rapidly evolving communities. You'll find yourself surrounded by locally owned cafés, independent shops and restaurants, numerous parks, transit, and all the neighbourhood charm that makes this west end community so irresistible.This is one opportunity you won't want to let vanish.
Contact us to schedule a private viewing of this property.
This detached home located at 497 Salem Avenue, Toronto is currently for sale and has been available on SousaSells for 24 days. This property is listed at $1,189,900 with an estimated mortgage of $3,961* per month. It has 3 beds, 3 bathrooms, and is 1100-1500 square feet. 497 Salem Avenue, Toronto is in the Dovercourt-Wallace Emerson-Junction neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 3 bedrooms and 3 bathrooms, this home offers ample space and comfort for growing families in Dovercourt-Wallace Emerson-Junction, Toronto.
Families, couples, or downsizers looking for a well-proportioned home in Toronto.
None listed
None listed
The current listing price for 497 Salem Avenue, Toronto, ON in Dovercourt-Wallace Emerson-Junction, Toronto is $1,189,900.
This property features 3 bedrooms and 3 bathrooms across approximately 1100-1500 sqft.
497 Salem Avenue, Toronto, ON is a Detached (2-Storey) featuring a Finished basement.
Key property features include: Rec./Commun.Centre, Public Transit, School, Fenced Yard, Park.
Interior highlights include: Carpet Free, Sump Pump.
Yes, this property offers parking space for 2.0 vehicles (None).
Heating is provided via Gas and cooling via Central Air.
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 497 Salem Avenue N, Toronto, ON M6H 3C9
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $1,189,900 in Toronto, the legal minimum down payment is $237,980 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 $20,273 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $20,273 also applies, bringing the total estimated land transfer taxes to $40,546.
Comprehensive city-wide demographics, local real estate stats, and school rankings for Toronto.
Need more details or a custom CMA?
Generate a full market evaluation or explore city guides using the sidebar links.
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.