7 Wallace Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey semi-detached located in the coveted neighborhood of Dovercourt-Wallace Emerson-Junction. Expertly crafted featuring premium brick and concrete construction, this residence presents an exceptional opportunity offered at $988,800 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 1100-1500 sqft on a premium 15.5 x 130 ft lot
- Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 0.0 total parking spaces available
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to "The Arcadian". A Renovated semi in Bloorcourt village close enough to all the things yet far away for the quiet. This 3 bedroom 2 bath home boasts a functional layout with a very cozy feel and a 130 ft deep lot. A few minutes walk to Bloor st to absorb all the shops, cafes, breweries, super wonder gallery, farmers market, restaurants, subway and all the fun jazz Toronto has to offer. When you're ready, a brisk walk home, prance around on your hardwood floors, go to your balcony put your feet up, drink a hot coffee and realize you have a massively long back yard. Big dilemma: Tomorrow, do I stay in my awesome home and get lost in my awesome backyard or do I go to Bloor street and do more awesome stuff?! Now more about your home: New roof, new Bosch fridge, Bosch gas stove, new front steps, hardwood floors, custom millwork, custom, shelving, new powder room, bay window in master and more come check it out!
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 7 Wallace Avenue, Toronto W02, ON M6H 1T4
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 $988,800 in Toronto, the legal minimum down payment is $73,880 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 $16,251 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $16,251 also applies, bringing the total estimated land transfer taxes to $32,502.
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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.
