$1,749,000Asking Price
132 Wallace Avenue, Toronto W02, ON M6H 1T5
Wallace Emerson, Toronto
Absolutely Stunning, Fully Renovated Detached Home with Income Potential!Welcome to this turnkey gem! A beautifully renovated 3+1 bedroom detached home featuring a fully finished basement apartment with a private walk-up entrance. Perfect for end-users or investors, this property offers modern design, functional living space, and a prime location. Recent Renovations (Completed Within the Last Month): Brand new chefs kitchen with stainless steel appliances, quartz countertops, rolling centre island, and stylish cabinetry, Engineered hardwood flooring throughout, Elegant pot lights and wrought iron pickets, Freshly painted interior with modern finishes, New front entry door, updated 4-piece main floor bathroom, and 3-piece second-floor bathroom, Full-size main floor washer & dryer, Roof approx. 3 years old; upgraded copper water line from house to city, Furnace approx. 9 years old; Basement Apartment: Fully finished with separate entrance, Ideal for rental income or in-law suite; Exterior Features: Detached 2-car garage at the rear, Private outdoor space for entertaining or relaxing; Versatile Layout: Potential to convert small upstairs bedroom into a third kitchen, creating a triplex for additional rental income; Unbeatable Location: Steps to top-rated schools, TTC, subway station, High Park, scenic walking trails, grocery stores, restaurants, and more! This home offers the perfect blend of modern style, thoughtful upgrades, and incredible investment potential all in a high-demand neighbourhood. A Must-See! Priced to Sell. Move-In Ready. A+++
Absolutely Stunning, Fully Renovated Detached Home with Income Potential!Welcome to this turnkey gem! A beautifully renovated 3+1 bedroom detached home featuring a fully finished basement apartment with a private walk-up entrance. Perfect for end-users or investors, this property offers modern design, functional living space, and a prime location. Recent Renovations (Completed Within the Last Month): Brand new chefs kitchen with stainless steel appliances, quartz countertops, rolling centre island, and stylish cabinetry, Engineered hardwood flooring throughout, Elegant pot lights and wrought iron pickets, Freshly painted interior with modern finishes, New front entry door, updated 4-piece main floor bathroom, and 3-piece second-floor bathroom, Full-size main floor washer & dryer, Roof approx. 3 years old; upgraded copper water line from house to city, Furnace approx. 9 years old; Basement Apartment: Fully finished with separate entrance, Ideal for rental income or in-law suite; Exterior Features: Detached 2-car garage at the rear, Private outdoor space for entertaining or relaxing; Versatile Layout: Potential to convert small upstairs bedroom into a third kitchen, creating a triplex for additional rental income; Unbeatable Location: Steps to top-rated schools, TTC, subway station, High Park, scenic walking trails, grocery stores, restaurants, and more! This home offers the perfect blend of modern style, thoughtful upgrades, and incredible investment potential all in a high-demand neighbourhood. A Must-See! Priced to Sell. Move-In Ready. A+++
See MoreKey Info
- 2-Storey Detached
- 0-Car Driveway
- 2-Car Detached Garage
- Lansdowne/ Wallace Ave
- 1100-1500 Approximate Sq Feet
- Finished Basement
- 2 + 1 Kitchens
- Forced Air Gas Heating
- Central Air
Property
- Lot Size 20.58 x 124 Feet
- Brick Exterior
- Taxes were $5,207 in 2025
- Possession: 60-90 Days
Details
- No Fireplace
- No Family Room
- Sewers
- Municipal Water
- MLS #W12379931
- ROYAL LEPAGE MAXIMUM REALTY
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Kitchen | Main | 14.07' x 11.48' | Tile Floor, Stainless Steel Appliances, Walkout To Yard |
 | 1 4-Piece Bathroom on Main Floor | |||
| 1 3-Piece Bathroom | |||
| 1 3-Piece Bathroom | |||
How Far is Too Far?
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Who lives here?
Wallace Emerson, Toronto is a west Toronto neighbourhood notable for its singles, renters, education, law & public sector and arts & culture professionals, salespeople and tradespeople. It has a higher than average population of immigrants from Portugal, and Portuguese speakers. Residents tend to be younger with a significant number of adults aged 25 to 44.
Families
Kids Per Family
1.1
kids per family
in the neighbourhood.
Gta ({{ '1.29999995231628' | number: 1 }})
Singles
53%
of residents are
single and loving it.
53% singles
Toronto (50%)Gta ({{ '44.8800010681152' | number: 0 }}%)
Renters
56%
of residents
are renters.
56% renters
Toronto (47%)Gta ({{ '33.0200004577637' | number: 0 }}%)
Education
44%
of residents are
university grads.
44% university grads
Toronto (48%)Gta ({{ '43.6699981689453' | number: 0 }}%)
Income
Average Household Income
$96K
is the average household
income in the neighbourhood.
Gta ({{ '135056.828125' | minifiedCurrency }})
Professions
Professions
| Sales | 20% |
| Government | 10% |
| Business | 9% |
| Trades | 9% |
| Management | 7% |
Immigrants
42%
of residents were
born outside of Canada.
42% immigrants
Toronto (48%)Gta ({{ '45.4300003051758' | number: 0 }}%)
Birthplace - All
8.9% from Portugal
All-time
Birthplace - Recent
0.9% from India
Recent
Foreign Languages
Foreign Languages
| Portuguese | 15% |
| Spanish | 4% |
| Cantonese | 2% |
| Vietnamese | 2% |
| French | 2% |
Religions
Religions
| Christian | 59% |
| Muslim | 5% |
| Buddhist | 3% |
| Hindu | 3% |
| Jewish | 2% |
Social Housing
Social Housing Buildings
7
Social housing buildings
in the neighbourhood.
Shelters
Shelters
2
Homeless shelters in
the neighbourhood.
