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$1,900,000Asking Price

177 Wallace Avenue, Toronto W02, ON M6H 1V3

Wallace Emerson, Toronto

Triplex
5 + 2
Bedrooms
4
Baths
2
Parking
Days on Market

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!

  OPEN HOUSE

Key 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

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
Washroom1 4-Piece Bathroom on Main Floor
Washroom1 4-Piece Bathroom on Upper
Washroom1 4-Piece Bathroom
Washroom1 4-Piece Bathroom

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.

Toronto  (1.2)
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.

Toronto  ($132K)
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

Portugal was once home to 8.9% of immigrants.
China 3.0%
Caribbean 2.8%
India 2.4%
Vietnam 2.2%

8.9% from Portugal
All-time

Birthplace - Recent

India was once home to 0.9% of immigrants.
China 0.7%
Ethiopia 0.4%
Philippines 0.4%
Brazil 0.3%

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.

Gta Avg (5.19)

Shelters

Shelters

2

Homeless shelters in
the neighbourhood.

Gta Avg (0.54)