274 Wallace Ave, Toronto - Semi-Detached Home

274 Wallace Ave

LocationDovercourt-Wallace Emerson-Junction, Toronto, M6P 3M9
$1.23M For Sale
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Description

Stunning Semi-Detached, legal duplex in the Heart of The Junction! Welcome to 274 Wallace Ave, designed with an exceptionally functional open concept floor plan, ideally situated in one of Toronto's most sought-after neighbourhoods. Thoughtfully renovated from top to bottom, this turnkey property combines modern design, quality finishes, and versatile living space-perfect for homeowners, investors, or multi-generational families.The custom kitchen showcases granite countertops and quality finishes, complemented by beautiful hardwood flooring throughout. The second floor offers three spacious bedrooms, each featuring custom-built closet organizers, along with a luxurious 5-piece bathroom.The fully self-contained basement apartment offers excellent flexibility and income potential, complete with a separate entrance, full-size kitchen and appliances, dedicated washer and dryer, and separately metered hydro.Enjoy an unbeatable location just a short walk to Toronto Subway Line 2 (Bloor-Danforth), Lansdowne Station, the UP Express and GO Transit. Explore the vibrant neighbourhood with a mix of shops, cafés, restaurants and galleries, while being close to the Museum of Contemporary Art Toronto and the green spaces of High Park. A rare opportunity to own a beautifully updated home in a highly connected and vibrant Toronto neighbourhood. Move-in ready with exceptional space flexibility and income potential.View the Matterport virtual tour and floor plan for a closer look. Some pictures virtually staged.

Features

  • House Facing
    Facing: North
  • Bedrooms
    Bedrooms: 3
  • Bathrooms
    Bathrooms: 3
  • Garages
    Garages:
  • Kitchens
    Kitchens: 1

Details

  • Front Lot
    Lot size: 17.50 x 74.00 Feet
  • Lot Depth
    Space: 1100-1500
  • Tax Amount
    Tax: $ 5117.97
  • MLS
    W13850496
  • Listing contracted with: KELLER WILLIAMS EMPOWERED REALTY
Room Size(M) Description
Living Rm5.00x3.25

Open Concept, Hardwood Floor, Combined w/Dining

Dining Rm3.03x3.25

Hardwood Floor, Combined w/Living, Open Concept

Kitchen3.53x3.79

Granite Counters, Stainless Steel Appl, Breakfast Bar

Primary B4.09x3.08

Hardwood Floor, South View, Closet

Br4.55x2.37

Closet, Window, Hardwood Floor

Br3.64x2.16

North View, Hardwood Floor, Window

Br3.20x2.83

Window, Laminate, Closet

Recreatio7.13x3.19

Laminate, Open Concept



Bathroom Pieces Level
1xBath5 pcs

Second

1xBath3 pcs

Main

1xBath3 pcs

Lower



Property Summary

Located close to the intersection of Bloor & Lansdowne, 274 Wallace Ave is a 3+1 bedrooms 3 washrooms Semi-Detached. The property basement is Apartment Separate Ent. The property has many nice features including Separate Hydro Meter, Separate Heating Contr, In-Law Suite, In-Law Capability, Guest Accommodations and Carpet Free. Living Room Rm, Dinning Room Rm and Kitchen are on the Main floor; Br and Recreation Roomreatio are on the Lower floor.

Home Market Analysis

For Sale

For Lease

Comparable home values have decreased 20.6% compared with the same period last year.

Rent levels have increased 31.4% compared with the same period last year.

Recent Comparable Value Range
$890,000 – $1,210,000
Recent 6-Month Rent Range
$2,350 – $4,100/month

How This Home Compares

Market Temperature
Strong Seller's Market
Strong SellerSellerBalancedBuyerStrong Buyer
Low inventory strongly favours sellers of similar homes.
Typical Selling Time
13 Days
Similar homes are selling in about 13 days, slower than the same period last year.
Price Position
17.4% Higher
The asking price is above the estimated value of comparable homes.

Local Area Profile

This property is located in an area with a significant rental housing presence with a strong concentration of apartment and condominium housing. Approximately 35% of residents hold a bachelor's degree or higher, while about 25% have a college credential. Public transit is commonly used by local commuters, alongside driving.



Commute Information

Toronto Subway Lansdowne Subway Station (0.5km)
GTA Go Train Bloor Go Train Station (0.6km)

Location





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