ON > Toronto W02 > Dovercourt-Wallace Emerson-Junction
Toronto W02, ON M6H 1V3,177 Wallace AVE
Toronto W02, ON M6H 1V3,177 Wallace AVE
Toronto W02, ON M6H 1V3,177 Wallace AVE
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$2,400,000
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5 BD
4 BA
New

177 Wallace AVE Toronto W02, ON M6H 1V3

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Jeff Othen

Jeff Othen

+1(647) 296-5605

UPDATED:

02/06/2025 12:41 AM

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Subdivision Dovercourt-Wallace Emerson-Junction

MLS Listing ID W11953973

Style 2 1/2 Storey

Bedrooms 5

Annual Tax Amount $6,000

Tax Year 2024

Property Description

This property at 177 Wallace Ave presents a fantastic investment opportunity! Its a detached triplex with separate utilities for each unit, and being just a few minutes walk from Lansdowne subway Station makes it even more desirable. With the a very good rental income, its a strong income-producing asset. The recent upgrades are impressive, too. The old radiant/boiler system has been replaced with a new HVAC system, which includes a new AC, furnace, and hot water tank. Over the past year, the property has seen significant renovations, including new plumbing, lighting, electrical fixtures, and upgraded kitchens and bathrooms. The exterior has been refreshed with a brand-new porch and stonework. All of this has resulted in a stylish and modern property, with over $300,000 invested into the upgrades. Rental occupancy is 100%.

Location

Province ON

County Toronto

Community Dovercourt-Wallace Emerson-Junction

Area Toronto

Rooms

Family Room No

Basement Finished, Separate Entrance

Kitchen 4

Separate Den/Office 2

Interior

Interior Features Separate Hydro Meter

Heating Yes

Cooling Window Unit(s)

Fireplace Yes

Heat Source Gas

Exterior

Parking Features Front Yard Parking

Garage Spaces 2.0

Pool None

Roof Type Asphalt Shingle

Lot Frontage 25.17

Lot Depth 75.0

Total Parking Spaces 2

Building

Unit Features Library,Public Transit,Rec./Commun.Centre,School

Foundation Concrete Block

Listed by PROEDGE REALTY INC.

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agent

Jeff Othen

Operator

+1(647) 296-5605

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177 Wallace AVE