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For Sale
Just Listed

356 Wallace Avenue

Dovercourt-Wallace Emerson-Junction, Toronto, ON
$1,499,000
3+1Bd
3Ba
1,300+sqft
2Parking
23.28 x 125 ftlot
$1153/sqft
DetachedMLS# W13028384Listed 2026-04-220 DOM
Cooling
Central Air
Basement
Finished

Just listed! New listings in Toronto often receive offers within the first week.

About this home

Rare opportunity to own a detached home 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 three 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.

Rooms

Second Floor
Bedroom10.70 × 9.80 m
Bedroom 211.53 × 12.97 m
Kitchen7.59 × 11.21 m
Third Floor
Loft25.85 × 9.54 m
Basement
Living Room12.73 × 11.22 m
Bedroom11.55 × 10.00 m
Kitchen10.83 × 9.42 m
Other
Living Room10.71 × 12.36 m
Bedroom14.50 × 11.45 m
Kitchen13.26 × 11.25 m
Den7.18 × 10.66 m

Features

  • Other
  • Finished
  • Walk-Up
  • Central Air
  • 2 1/2 Storey

Financials

Annual Taxes
$6,138.27

Estimated Rental Income

Entire property$3,200 – $4,800/mo
Basement apartment$1,800 – $2,500/mo
Rental yield2.6% – 3.8%

*Estimates based on comparable rentals in the area. Actual income may vary.

Market Data — Toronto

Days on market0 days
Buyer's MarketSeller's Market

Based on active listings in Toronto. Data updates daily.

Demographics — Toronto

Population
2,794,356
Avg Household Income
$102,000
Age Distribution
0-19
19%
20-34
24%
35-49
21%
50-64
19%
65+
17%
Ownership
53% own · 47% rent
EnglishMandarinCantoneseTagalogTamil

Our estimate for this home

Priced 24.7% above estimate
Estimated range
$1.11M$1.29M
Mid-point $1.20M · ~$925/sqft
How this listing compares
$1.11MList · $1.50M$1.29M
High confidence·Based on 1384 toronto comparables

Estimated range is generated automatically from active comparables and is for informational purposes only. Not an appraisal — contact Aman for a full comparative market analysis that factors in condition, renovations, and positioning.

MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.

$1,499,000
356 Wallace Avenue, Toronto
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