524 Salem Avenue, Toronto, ON
Property Highlights
Welcome to this remarkable Bungalow 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 $999,900 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 2 Bathrooms
- Generous living space spanning 700-1100 sqft on a premium 17.17 x 127.31 ft lot
- Features a finished, walk-up basement, adding superb versatility for recreation, a home gym, or extra storage
- Ample parking with 2.0 garage spaces (2.0 total parking spaces) with a convenient detached configuration
- Notable attributes: Primary Bedroom - Main Floor, Storage, Water Heater Owned
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 524 Salem Ave is a rare opportunity to own a charming, fully detached 2+1 bedroom, 2 bathroom bungalow in a prime Toronto location! Tucked away in the heart of the highly sought-after Davenport community, this hidden gem is just steps from Wychwood, Corso Italia, Regal Heights, and Dovercourt Village. Experience the perfect blend of character and convenience, surrounded by vibrant shops, trendy cafes, diverse restaurants, and excellent transit options. This meticulously maintained home showcases an updated eat-in kitchen with stainless steel appliances, soaring main-floor ceilings, a spacious two-car garage, and a separate entrance leading to a fully finished basement. With an impressive 89 Walk Score, this property also offers exciting potential for a future laneway suite.
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Property Summary
This detached home located at 524 Salem Avenue, Toronto is currently for sale and has been available for 192 days. This property is listed at $999,900 with an estimated mortgage of $3,328* per month. It has 3 beds, 2 bathrooms, and is 700-1100 square feet. 524 Salem 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.Yes! Featuring 3 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Dovercourt-Wallace Emerson-Junction, Toronto.
- •3 spacious bedroom layout offering versatile living space
- •2 well-appointed bathrooms
- •700-1100 sqft of generous functional square footage
Families, couples, or downsizers looking for a well-proportioned home in Toronto.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Fenced Yard
- Park
- Public Transit
- School
Interior Features
- Primary Bedroom - Main Floor
- Storage
- Water Heater Owned
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.
Looking to Buy a Home in Toronto?
If you are looking for a house in Toronto or researching Toronto real estate for sale, this 3-bedroom detached at 524 Salem 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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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: $3,328*/month*. Estimated Ontario Land Transfer Tax: $32,946. 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 524 Salem Avenue, Toronto, ON
Q.What is the asking price for 524 Salem Avenue, Toronto, ON ?
The current listing price for 524 Salem Avenue, Toronto, ON in Dovercourt-Wallace Emerson-Junction, Toronto is $999,900.
Q.How many bedrooms and bathrooms does this property have?
This property features 3 bedrooms and 2 bathrooms across approximately 700-1100 sqft.
Q.What property type and architectural style is 524 Salem Avenue, Toronto, ON ?
524 Salem Avenue, Toronto, ON is a Detached (Bungalow) featuring a Finished, Walk-Up basement.
Q.What key property features does 524 Salem Avenue, Toronto, ON offer?
Key property features include: Fenced Yard, Park, Public Transit, School.
Q.What interior features are included in this home?
Interior highlights include: Primary Bedroom - Main Floor, Storage, Water Heater Owned.
Q.Is parking available at this property?
Yes, this property offers parking space for 2.0 vehicles (Detached).
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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Open in Google MapsNeighborhood Safety & Crime Analytics
Dovercourt-Wallace Emerson-Junction, Toronto
161 assaults (45.0/100k)
43 B&E (40.0/100k)
60 thefts (45.0/100k)
Improving vs previous year
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.
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.
Pricing & Value Insights
Data-driven valuation for 524 Salem Avenue N, Toronto, ON M6H 3E1
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 $999,900 in Toronto, the legal minimum down payment is $74,990 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 $16,473 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $16,473 also applies, bringing the total estimated land transfer taxes to $32,946.
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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.
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