216 Wallace Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Dovercourt-Wallace Emerson-Junction. Expertly crafted featuring premium brick and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $999,999 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 2 Bathrooms
- Premium 23.52 x 100.75 ft lot size
- Features a partially finished 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: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
This Bright, Spacious, Detached 3 Bedroom 2 Bath Home Is Nestled In The Highly Sought After Wallace-Emerson-Junction Neighbourhood. Home Has Been Well-Maintained Throughout The Years, Large Eat-In Kitchen With Lots of Counter Space, Walkout Out To Garden, 9 Feet Ceilings On Main , Lovely 2nd Floor Skylight, Large Entrance Foyer, Good Size Bedrooms, Great Family Home, With A White Picket Fence & Large Double Detached Garage. Move In Or Renovate To Your Liking Home Has Many Possibilities. Walk To Bloor Subway, Wallace Emerson Park, Community Centre, Shops And Restaurants At Bloordale/Junction Village, Wallace Espresso, Hale Coffee, Halo Brewery, Synergy Health, Paris Bakery. Steps To Rail Path & Go Train, Up Express Train.
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 216 Wallace Avenue, Toronto W02, ON M6H 1V6
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $999,999 in Toronto, the legal minimum down payment is $75,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $16,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $16,475 also applies, bringing the total estimated land transfer taxes to $32,950.
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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.
