507 Salem Avenue, Toronto W02, ON

$1,250,000
MLS#:W12456054
3 beds
3 baths
1100-1500 sqft
2.0 parking
Residential Freehold
Loading property media...

Description

Property Highlights

Welcome to this remarkable ["2-Storey"] detached located in the coveted neighborhood of Dovercourt-Wallace Emerson-Junction. Expertly crafted featuring premium aluminum siding and brick construction, this residence presents an exceptional opportunity offered at $1,250,000 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.

  • 3 Bedrooms and 3 Bathrooms with 2 functional kitchens
  • Generous living space spanning 1100-1500 sqft on a premium 20 x 126 ft lot
  • Features a ["finished with walk-out"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: In-Law Capability
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Welcome to this fully detached 3 bedroom, 3 bathroom home in the highly sought-after Dovercourt neighbourhood. This beautiful home offers hints of original character & charm throughout and has been cared for by the same family for many years. From the moment you walk in, you'll notice the meticulous upkeep and the warm, inviting atmosphere that makes this home truly special. Perfect for growing families, the home offers a generous living space plus a finished basement with a separate entrance, complete with a kitchen, full bathroom, cantina, and laundry - ideal for extended family or potential rental income. The property features a laneway with exciting possibilities. Currently, there is a one-car garage, but there is potential to build a two-car garage or even a two-storey laneway house (laneway house report available). Located just steps from trendy Geary Avenue, you'll have access to wonderful bakeries, coffee shops, independent breweries, and fantastic eateries. Families will enjoy being close to wonderful schools and within walking distance to Earlscourt Park, Dovercourt Park, and several smaller green spaces. The brand-new Wallace Emerson Community Centre (over 80,000 sq ft) is also nearby at Dupont and Dufferin. This vibrant neighborhood boasts excellent schools and easy access to transit. You're close to the Bloor subway line and only a short commute to downtown Toronto.

Schedule a Tour

Contact us to schedule a private viewing of this property.

Contact Agent

Generate CMA Report

Key Features

Bedrooms
3
Bathrooms
3
Kitchens
2
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 17, 2025
Sold price information is available to members only
Listed Date10/10/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionAluminum Siding, Brick
Lot Size20 × 126 Feet
CountyToronto
Annual Tax$5,128
Legal DescriptionPCL 77-1-H SEC M24; PT LT 77 E/S SALEM AV PL M24 TORONTO BEING THE SLY 20 FT LYING TO THE W OF THE WESTERN LIMIT OF PT 1 R264; TORONTO , CITY OF TORONTO

Parking & Garage

Parking Spaces2.0
Garage Spaces2
Garage TypeDetached

Heating & Cooling

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

Features

Property Features

Community Features

Location

Initializing map...
507 Salem 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

No elementary schools data loaded.

Secondary Schools

No secondary schools data loaded.

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

Need more details or a custom CMA?

Generate a full market evaluation or explore city guides using the sidebar links.

Loading local market trends...

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 507 Salem Avenue N, Toronto W02, ON M6H 3C9

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
Loading stats...

Properties in this area are selling at a steady pace.

Market Trend
Calculating trend...
Financial Audit

Estimated Costs

Loan Amount$1,000,000
Monthly Mortgage$5,810
Property Tax (Est.)$427
Utilities & Maint.$350
Total Monthly Cost$6,587

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.