177 Wallace Avenue, Toronto | Image 1

177 Wallace Avenue

Toronto, Dovercourt-Wallace Emerson-Junction

  • 5 bed 4 bath
$2,400,000 est.*: $8,130/mo
For Sale

Added 2 days ago

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  • Type: Triplex

  • Style: 2 1/2 Storey

  • Lot Size: 25.17 x 75 Feet

  • Age: No Data

  • Taxes: $6,000 per year

  • Days on Site: 2 Days

  • Added: Feb 02, 2025 (2 days ago)

  • Updated:

  • Last Checked: 5 hours ago

  • MLS®#: W11953973

  • Listed By: Proedge realty inc.

This property at 177 Wallace Ave presents a fantastic investment opportunity! Its a detached triplex with separate utilities for each unit, and being just a few minutes walk from Lansdowne subway Station makes it even more desirable. With the potential to generate $10,000 in monthly rental income, its a strong income-producing asset.The recent upgrades are impressive, too. The old radiant/boiler system has been replaced with a new HVAC system, which includes a new AC, furnace, and hot water tank. Over the past year, the property has seen significant renovations, including new plumbing, lighting, electrical fixtures, and upgraded kitchens and bathrooms. The exterior has been refreshed with a brand-new porch and stonework. All of this has resulted in a stylish and modern property, with over $300,000 invested into the upgrades. Rental occupancy is 100%.

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Property

  • Status: Sale

  • Property Type: Triplex

  • Style: 2 1/2 Storey

  • Area: Toronto

  • Community: Dovercourt-Wallace Emerson-Junction

Inside

  • Bedrooms: 5

  • Bedrooms Plus: 2

  • Bathrooms: 4

  • Kitchens: 4

  • Rooms: 7

  • Den/Family Room: No

  • Air Conditioning: Window Unit

  • Fireplace: Yes

  • Central Vacuum: N

  • Washrooms: 4

Utilities

  • Electricity: Yes

  • Gas: Yes

  • Cable: Yes

  • Telephone: Yes

Building

  • Basement: Finished

  • Basement 2: Sep Entrance

  • Heat Type: Radiant

  • Heat Source: Gas

  • Exterior: Brick

  • UFFI: No

  • Water Supply: Municipal

  • Special Designation: Unknown

Parking

  • Driveway: Front Yard

  • Garage Type: None

  • Covered Parking Spaces: 2

  • Total Parking Spaces: 2

Fees

  • Tax Year: 2024

  • Tax Legal Description: Part Lot 20 Block Y Plan M88

  • Taxes: $6,000

Highlights

  • Feature: Library

  • Feature: Public Transit

  • Feature: Rec Centre

  • Feature: School

Land

  • Cross Street: Bloor/Lansdowne

  • Municipality District: Toronto W02

  • Fronting On: North

  • Pool: None

  • Sewer: Sewers

  • Lot Depth: 75 Feet

  • Lot Frontage: 25.17 Feet

  • Acres: < .50

Rooms

Room details for 177 Wallace Avenue, Toronto

Type Dimensions
Living Ground 3.20 x 4.00
Kitchen Ground 3.00 x 4.50
Br Ground 3.20 x 3.80
Br Ground 2.80 x 3.80
Living 2nd 2.70 x 5.00
Kitchen 2nd 2.00 x 4.00
Br 2nd 3.00 x 3.50
Br 2nd 3.40 x 3.50
Br 2nd 2.00 x 3.50
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Very Walkable

  • Most errands can be accomplished on foot.
83 /100

Rider's Paradise

  • Daily errands do not require a car.
93 /100

Very Bikeable

  • Most errands can be accomplished on bike.
79 /100
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Map of 177 Wallace Avenue, Toronto
JK-8

St Luigi Catholic School

Elementary: Catholic
0.71 km
JK-8

St Sebastian Catholic School

Elementary: Catholic
0.32 km
JK-6

Perth Avenue Junior Public School

Elementary: Public
0.70 km
JK-6

Pauline Junior Public School

Elementary: Public
0.37 km
JK-8

St Anthony Catholic School

Elementary: Catholic
0.73 km
JK-8

Dovercourt Public School

Elementary: Public
0.81 km
Pre-Grade 9-12

Caring and Safe Schools LC4

Secondary: Public
0.65 km
9-12

ALPHA II Alternative School

Secondary: Public
0.78 km
9-12

ÉSC Saint-Frère-André

Secondary: Catholic
1.12 km
9-12

École secondaire Toronto Ouest

Secondary: Public
1.02 km
9-12

Bloor Collegiate Institute

Secondary: Public
0.65 km
9-12

Bishop Marrocco/Thomas Merton Catholic Secondary School

Secondary: Catholic
0.93 km

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  • Penny's

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  • Wallace Espresso

    188 Wallace Avenue, Toronto, ON M6H 1V6 0.04km

  • Donna's

    827 Lansdowne Avenue, Toronto, ON M6H 3Z2 0.08km

  • Neon Commissary

    241 Wallace Avenue, Toronto, ON M6H 1V5 0.21km

  • Universal Pharmacy

    819 Lansdowne Avenue, Toronto, ON M6H 3Z2 0.05km

  • Thompson's Homeopathic Supplies

    239 Wallace Ave, Toronto, ON M6H 1V5 0.21km

  • Shoppers Drug Mart

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  • Pepper's Cafe

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  • Donna's

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  • New Canadian Drain and Plumbing

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  • Revue Cinema

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  • The Royal Cinema

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  • Hot Docs Ted Rogers Cinema

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  • Toronto Public Library

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  • Perth-Dupont Branch Public Library

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  • Dufferin St Clair W Public Library

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  • St Joseph's Health Centre

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