$1,295,000Asking Price
12 Wallace Ave
Wallace Emerson, Toronto
Same owner for over 22 years, this has been an excellent rental property but sellers are now retiring. Great opportunity for new investors. 3 storey home with 5 separate apartments, each with its own entrance. Potential to increase income including the owner occupied double garage and laneway. Apartments offer outdoor space with verandahs including great views off a large deck on the 3rd floor. Amazing location, just a brief six-minute stroll to Dufferin station, 10 minute drive to UP Bloor, walking distance to Bloor street shops, and restaurants, Dufferin Mall, Dufferin Grove Park. Experience the lively ambiance of Dovercourt Wallace Emerson Junction.
Same owner for over 22 years, this has been an excellent rental property but sellers are now retiring. Great opportunity for new investors. 3 storey home with 5 separate apartments, each with its own entrance. Potential to increase income including the owner occupied double garage and laneway. Apartments offer outdoor space with verandahs including great views off a large deck on the 3rd floor. Amazing location, just a brief six-minute stroll to Dufferin station, 10 minute drive to UP Bloor, walking distance to Bloor street shops, and restaurants, Dufferin Mall, Dufferin Grove Park. Experience the lively ambiance of Dovercourt Wallace Emerson Junction.
See MoreKey Info
- 2.5-Storey Semi-Detached
- 0-Car Laneway Driveway
- 2-Car Detached Garage
- Dufferin/Bloor
- Basement: Finished, Separate Entrance
- 5 Kitchens
- Forced Air Gas Heating
- Central Air
Property
- Lot Size 19.17 x 124 Feet
- Brick Exterior
- Taxes were $5,716 in 2023
- Possession: TBD
Details
- No Fireplace
- No Family Room
- Sewers
- Municipal Water
- MLS #W8212270
- ROYAL LEPAGE SUPREME REALTY
Extras
- 5 apartments: 1 bedroom (back basement), 1 bedroom (front basement), 2 bedroom (main floor), 2 bedroom ( 2nd floor),1 bedroom (3rd floor). Double garage owner occupied.
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Living Room | Main | 15.26' x 10.83' | Window, Walkout To Yard |
| 2 | Kitchen | Main | 12.07' x 9.48' | Eat-In Kitchen, Window |
| 3 | Bedroom | Main | 11.94' x 11.35' | Parquet Floor, Window |
| 4 | Bedroom | Main | 13.68' x 8.76' | Parquet Floor, Closet, Window |
| 5 | Living Room | 2nd | 15.19' x 11.15' | Window, Walkout To Balcony |
| 6 | Kitchen | 2nd | 11.09' x 9.48' | Tile Floor |
| 7 | Bedroom | 2nd | 15.29' x 10.86' | Parquet Floor, Walkout To Balcony |
| 8 | Bedroom | 2nd | 12.93' x 9.42' | Parquet Floor, Closet, Window |
| 9 | Living Room | 3rd | 11.06' x 9.68' | Parquet Floor, Walkout To Balcony |
| 10 | Kitchen | 3rd | 9.38' x 9.12' | Laminate, Window |
| 11 | Bedroom | 3rd | 13.29' x 11.61' | Parquet Floor, Closet, Window |
 | 1 5-Piece Bathroom on Main Floor | |||
| 1 4-Piece Bathroom on 2nd Floor | |||
| 1 4-Piece Bathroom on 3rd Floor | |||
| 1 4-Piece Bathroom in Basement | |||
| 1 4-Piece Bathroom in Basement | |||
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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.
