Address
356 Wallace Avenue, Toronto, ON
Price
$ 1,250,000
Property Attributes
  • ID#W13349158
  • TypeSingle Family
  • Listing Status Extension
  • CityToronto
  • AreaDovercourt-Wallace Emerson-Junction
  • NeighbourhoodDovercourt-Wallace Emerson-Junction
  • Postal CodeM6P 3P2
  • Style2 1/2 Storey
  • Taxes$ 6138
  • Price$ 1,250,000
  • Bedrooms4
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage1500-2000
Data Source:
Toronto Real Estate Board (TRREB)
Property Description

Rare opportunity to own a Detached Home currently configured with separate living spaces on Main and second floors + Loft and Finished Basement Apartment !!! This income property on a quiet , tree-lined street in Toronto's sought-after Junction Triangle, just steps to the West Toronto Railpath, transit, parks and vibrant west-end amenities. Flexible living across 3 levels with approximately $6,000/month in rental income potential, offering an ideal setup for investors or buyers looking to live in one level while generating income from the others. Smooth Ceiling with Pot Lights on Ground Floor. Each level (excluding loft area) features its own kitchen and bathroom, thoughtfully configured to support multi-unit living, extended family, or continued rental use. A fantastic opportunity to combine lifestyle, location, and income potential in one of Toronto's most dynamic west-end neighbourhoods.

Price History
6/6/2026 Listed $1,399,000
7/1/2026 11$1,250,000

General Features

Sewer Sewer
Cooling Central Air
Roof Asphalt Shingle
Architectural Style 2 1/2 Storey
Pool Features None
Construction Materials Brick
Heater Type Forced Air
Parking Spaces 2
Property Subtype Detached
Tax Year 2025
Lot Depth 125.0
County Toronto
New Construction No
Property Type Residential Freehold
Attached Garage No
Facing Direction South
Garage Y/N No
Total Rooms 10
Status Extension
City Toronto W02
Senior Community Y/N No
Lot Size Units Feet
Property Attached Y/N No
Tax Annual Amount 6138.27
Standard Status Active
Occupancy Type Vacant
Legal Description PCL 44-3 SEC M22; PT LT 44 PL M22 TORONTO PT 6 66R13971; TORONTO,CITY OF TORONTO

Interior Features

Interior Amenities Other
Basement Finished,Walk-Up
Heat Source Gas
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Total Bedrooms 4
Elevator? No
Total Baths 3
Bedrooms 3+1
Living Area Range 1500-2000

Exterior Features

Parking Features Mutual
Lot Features Irregular Lot
Total Parking 2.0
Garage Type None
Foundation Details Unknown
Spa No
Waterfront Y/N No
Covered Spaces 0.0
LotDimensionsSource Other

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in M6P 3P2

Price
AVG $1.25M
$1.25M
Taxes
AVG $6,138
$6,138
Visits
AVG 379
664
Data Provided by Inside Real Estate®