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11 days on Market

223 Wallace Ave, Toronto, Ontario M6H 1V5

Semi-Detached
3 + 2
3
~2000-2500 sqft
$1,495,000
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Semi-Detached
3 + 2
3
~2000-2500 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$673/sqft

Est. Mortgage$6,420/mo

Tax Amount (2024)$5,723/yr

Days On Market11 days


Description

Unlock a Rare Opportunity in Toronto's Hottest Market! This property is a true gem-versatile, upgraded, and designed to check every box for the savvy buyer. Whether you're looking for a stylish home in one of the coolest neighborhoods, an income-generating investment, or a space to share with friends while building equity, this place has it all! Move-In Ready-Check. Step into a fully upgraded home in one of the city's most vibrant areas. With stunning finishes throughout, this home is as functional as it is chic. Looking for Investment Potential-Check! Perfect for entering Toronto's competitive market! Live in one unit, rent out the other, and watch your equity grow. Plus, the property is turnkey-ready to be a rental that practically pays for itself. Endless Upgrades You'll Love: Basement: Fully finished with extra ceiling height, above-grade windows, a separate entrance, heated ceramic floors, a spacious bedroom, walk-in closet, and a sleek 4-piece bath with a luxurious soaker tub. Main Floor: An entertainer's dream! A modern kitchen with a stunning center island, perfect for cooking and chilling with friends. Relax in the front music or living room, host formal dinners in the separate dining area, or enjoy the west-facing sunroom, filled with natural light.Top Two Floors: Generous living spaces with two spacious bedrooms, a private patio(currently a "Catio" for cats!),and an updated dining area with a breakfast bar. The cherry on top is the beautifully renovated 4-piece bath. Outdoor Living, Elevated: West-facing backyard- ideal for BBQs in the summer with tons of sunshine. Plus, you've got one parking spot and potential laneway housing. Unbeatable Location:Just steps from the best the city has to offer-Halo Brewery, a local bakery, the best Korean fried chicken at Peppers,Junction Triangle,UP Express, TTC, and the exciting New Galleria development. This is city living at its finest! Come check it out-Discover your next dream home or investment opportunity!


Property Details

Style2 1/2 Storey
View-
Age of property-
SqFt~2000-2500 SqFt
Lot Size1,579 SqFt(98 x 16.12)
Parking Spaces1
MLS ®NumberW12096638
Community NameWallace Emerson
Data SourceTRREB
Listing byRE/MAX HALLMARK REALTY LTD.

Features

Heating: Forced Air
Cooling: Central Air
Basement: Sep Entrance, Apartment

Main Floor

Living

4.29 x 2.89

hardwood floor / Bay Window / North View

Dining

4.26 x 3.26

hardwood floor / Combined W/Kitchen / Open Concept

Kitchen

3.83 x 4.09

Bamboo Floor / Centre Island / Stainless Steel Appl

Sunroom

3.92 x 3.78

Bamboo Floor / 3 Pc Ensuite / W/O To Yard


Features

Lot size: 1,579 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 1


Property listed by RE/MAX HALLMARK REALTY LTD., Brokerage

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Market Data - Wallace Emerson

Geo Zone Map ThumbnailWallace Emerson

Strong Seller's Market

View Market Data

Semi-Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

0 day

Compared to

2024

29 days

2023

8 days

2022

16 days

New Listings

Past 30 days

3 listings

Compared to

2024

5 listings

2023

1 listing

2022

7 listings

Units sold

Past 30 days

0 unit

Compared to

2024

2 units

2023

1 unit

2022

6 units

Median Sold Price

Past 30 days

$0

Compared to

2024

$1,552,500

2023

$705,000

2022

$1,507,500


Population and Demographics

Overview

Total population 9151
Average household income $125,166

Age (%)

20 to 34
28%
35 to 49
26%
50 to 64
17%
0 to 19
15%
65 and plus
14%

Household composition (%)

Single family
53%
Single person
36%
Multi person
10%
Multi family
1%

Mother tongue (%)

English
63%
Portuguese
15%
Spanish
5%
Yue (Cantonese)
3%
Italian
2%
Vietnamese
2%
French
2%
Others
2%
Mandarin
2%

House tenancy (%)

Renters
50%
Owners
50%

Schools and amenities

Estimated Budget