$1,900,000Asking Price
177 Wallace Avenue, Toronto, ON M6H 1V3
Wallace Emerson, Toronto
Welcome to 177 Wallace Ave *** A LEGAL TRIPLEX *** with ***4 Income-Generating Units!**** Discover the perfect blend of classic charm and contemporary design in this fully renovated 2.5-storey home, including a finished basement suite with separate entrances. This is an exceptional opportunity for multi-family living or investors seeking high rental income in a thriving neighborhood.Property Highlights: Spacious & Modern Living Open-concept layout with large windows that bathe the space in natural light, creating a warm and inviting atmosphere. 4 Fully Equipped Kitchens Chef-inspired kitchens featuring stainless steel appliances, sleek quartz countertops, and custom cabinetry, perfect for cooking and entertaining. 7 Generously Sized Bedrooms Well-appointed rooms designed for comfort and privacy. 4 Stylishly Renovated Bathrooms Featuring glass-enclosed showers and modern fixtures. Private Outdoor Spaces Each of the three above-ground units includes its own private outdoor sitting area. Convenient Parking Private parking space for two suites. Prime Location Situated in the vibrant Dovercourt-Wallace Emerson-Junction (W02) neighborhood, just minutes from local shops, cafes, parks, schools, and transit options.This fully tenanted property (100% rental occupancy) is a rare find, offering both a stunning living space and an excellent investment opportunity. Dont miss your chance to own a completely renovated, high-income-generating home!
Welcome to 177 Wallace Ave *** A LEGAL TRIPLEX *** with ***4 Income-Generating Units!**** Discover the perfect blend of classic charm and contemporary design in this fully renovated 2.5-storey home, including a finished basement suite with separate entrances. This is an exceptional opportunity for multi-family living or investors seeking high rental income in a thriving neighborhood.Property Highlights: Spacious & Modern Living Open-concept layout with large windows that bathe the space in natural light, creating a warm and inviting atmosphere. 4 Fully Equipped Kitchens Chef-inspired kitchens featuring stainless steel appliances, sleek quartz countertops, and custom cabinetry, perfect for cooking and entertaining. 7 Generously Sized Bedrooms Well-appointed rooms designed for comfort and privacy. 4 Stylishly Renovated Bathrooms Featuring glass-enclosed showers and modern fixtures. Private Outdoor Spaces Each of the three above-ground units includes its own private outdoor sitting area. Convenient Parking Private parking space for two suites. Prime Location Situated in the vibrant Dovercourt-Wallace Emerson-Junction (W02) neighborhood, just minutes from local shops, cafes, parks, schools, and transit options.This fully tenanted property (100% rental occupancy) is a rare find, offering both a stunning living space and an excellent investment opportunity. Dont miss your chance to own a completely renovated, high-income-generating home!
See MoreKey Info
- 2.5-Storey Triplex
- 2 Parking
- No Garage
- Bloor/Lansdowne
- No Ensuite Laundry
- Forced Air Gas Heating
- Central Air
Property
- Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
- Taxes were $6,144 in 2024
- Possession: TBD
Details
- Concrete/Brick Exterior
- Fireplace
- 4 + 3 Kitchens
- Designation: Other
- MLS #W12013374
- PROEDGE REALTY INC.
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Kitchen | Main | 14.76' x 10.50' | Granite Counters, Renovated |
| 2 | Kitchen | Upper | 16.40' x 12.14' | Renovated, Granite Counters |
 | 1 4-Piece Bathroom on Main Floor | |||
| 1 4-Piece Bathroom on Upper | |||
| 1 4-Piece Bathroom | |||
| 1 4-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.
