223 Wallace Avenue, Toronto W02, ON

$1,419,000
MLS#:W12193370
5 beds
3 baths
2000-2500 sqft
1.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2 1/2 Storey"] semi-detached located in the coveted neighborhood of Dovercourt-Wallace Emerson-Junction. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,419,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 5 Bedrooms and 3 Bathrooms with 2 functional kitchens
  • Generous living space spanning 2000-2500 sqft on a premium 16.12 x 98 ft lot
  • Features a ["separate entrance", "apartment"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 1.0 total parking spaces available
  • Notable attributes: Sump Pump
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Rare Opportunity in Toronto's Hottest Neighbourhood! Welcome to Wallace Avenue - a fully upgraded, ultra-versatile property nestled in the heart of the Junction Triangle, one of Toronto's most exciting and fast-growing communities. Whether you're a savvy investor, a first-time buyer, or looking for a multi-functional space to call your own, this home checks every box. Live Stylishly ! Invest Smartly ! Move-in ready with designer upgrades and thoughtful touches throughout. Ideal for house sharing - live in one unit, rent out the other, and build equity fast!Turnkey setup for investors this home is ready to generate income immediately ! If you are looking to get into the market- this home is move in ready and fully upgraded.Modern kitchen with stunning centre island perfect for entertaining. Separate living/music room and a formal dining space. Bright west-facing sunroom for afternoon lounging or remote work. Upstairs boasts: Two generously sized bedrooms - a renovated 4-piece bath- Updated kitchen with breakfast bar- Private west-facing patio (currently a Catio but easily converted). The Basement offers: a separate entrance -Above-grade windows & extra ceiling height -Heated floors -Spacious bedroom with walk-in closet - Sleek 4-piece bathroom with luxurious soaker tub! The backyard rocks with: Sun-drenched west-facing exposure- ideal for summer BBQs & weekend hang outs - 1 Parking Spot and Laneway Housing Potential that unlocks even more value in the future! Location is spectacular! Situated in the dynamic Junction Triangle you are steps to local cafes, bakeries, Peppers for the city's best Korean fried chicken, Halo Brewery, TTC, UP Express, and the upcoming Galleria Development! You're not just buying a home- you are buying into a lifestyle, a community, and serious growth potential. 223 Wallace is a must to see and will blow your mind!

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Key Features

Bedrooms
5
Bathrooms
3
Kitchens
2
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJune 21, 2025
Sold price information is available to members only
Listed Date6/3/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeSemi-Detached
ConstructionBrick
Lot Size16.12 × 98 Feet
CountyToronto
Annual Tax$5,573
Legal DescriptionPlan M88 BLK Y PT LOT 8 - See Schedule C

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Library, Park, Public Transit, Rec./Commun.Centre, School

Community Features

Location

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223 Wallace Avenue, Toronto W02, ON

City & Neighborhood Guide

Comprehensive neighborhood overview, demographics, and school rankings for Dovercourt Wallace Emerson Junction, Toronto W02.

Verified Local Data
Population6,202,225
Median Age39.6 Yrs
Ownership65% Owners
Avg Area List Price$850,000

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 223 Wallace Avenue, Toronto W02, ON M6H 1V5

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Financial Audit

Estimated Costs

Loan Amount$1,135,200
Monthly Mortgage$6,596
Property Tax (Est.)$464
Utilities & Maint.$350
Total Monthly Cost$7,410

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Toronto W02.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.