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New2 hours ago

274 Wallace Avenue

Dovercourt-Wallace Emerson-Junction, Toronto

$1,099,000

Semi-Detached |2-Storey
3 | 3 | 0
About this home

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.

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  • Sun, Oct 4

    2:00 PM – 4:00 PM

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Got questions?

Contact Jonathan directly.

agent
Jonathan Lee
(647) 983-0770
TypeSemi-Detached
Style2-Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$5,118
Lot Size17.5 ft x 74 ft
mls© NumberW13850496
Listed ByKELLER WILLIAMS EMPOWERED REALTY

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$5,625
Property tax
$426
Heat allowance
$150
Housing costs
$6,202 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $219,800
25-yr amortization

Income needed

$191,000

gross annual household income

Payment at 4%
$4,625 / mo
Cash down
$219,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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