177 Wallace Av - Apartments FOR SALE


Toronto, ON M6H 1V3- Dovercourt/Davenport/Junction
$1,675,000 CAD
647-203-6265

NO PHOTO

$1,675,000 CAD
Apartments - FOR SALE
null | 6.29% Cap Rate


HIGHLIGHTS

  • The property benefits from proximity to local amenities, services, and transit options typical of a central Toronto location.
  • The Toronto address offers convenient access to major roadways while remaining integrated within a mature neighbourhood setting.
  • The property may appeal to users or investors seeking a residential or redevelopment opportunity, subject to zoning and municipal approvals.

OVERVIEW

Welcome to 177 Wallace Ave with ***4 Separate Income-Generating Units**** Discover the perfect blend of classic charm and contemporary design in this fully renovated 2.5-storey home, including a finished basement suite with separate entrances. This is an exceptional opportunity for multi-family living or investors seeking high rental income in a thriving neighborhood.Property Highlights: Spacious & Modern Living Open-concept layout with large windows that bathe the space in natural light, creating a warm and inviting atmosphere. 4 Fully Equipped Kitchens Chef-inspired kitchens featuring stainless steel appliances, sleek quartz countertops, and custom cabinetry, perfect for cooking and entertaining. 7 Generously Sized Bedrooms Well-appointed rooms designed for comfort and privacy. 4 Stylishly Renovated Bathrooms Featuring glass-enclosed showers and modern fixtures. Private Outdoor Spaces Each of the three above-ground units includes its own private outdoor sitting area. Convenient Parking Private parking space for two suites. Prime Location Situated in the vibrant Dovercourt-Wallace Emerson-Junction (W02) neighborhood, just minutes from local shops, cafes, parks, schools, and transit options.This fully tenanted property (100% rental occupancy) is a rare find, offering both a stunning living space and an excellent investment opportunity. Dont miss your chance to own a completely renovated, high-income-generating home!

FOR SALE DETAILS

PRICE

$1,675,000 CAD

PRICE/SF

$479 CAD /SF

# OF UNITS

4

PRICE/UNIT

$418,750

CAP RATE

6.29%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1979

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,886 SF

ZONING

-

APN/PARCEL ID

CUSTOM-4746257

ASK ABOUT THIS PROPERTY

Tony HubenovHubenov Realty IncMore Info
647-203-6265

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Tony HubenovHubenov Realty IncMore Info
647-203-6265

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.