177 Wallace Avenue, Toronto, ON M6H 1V3, Toronto W02, ON
Bed 7
Bath 4
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,. Rental occupancy is 100%.
Property Highlights
For Sale
MLS NO.
W11953973
Type
Residential Freehold
Sub Type
Triplex
Bedrooms
7
Bathrooms
4
Parking
2.0
Complete Property Details
Property Type
Residential Freehold
Sub Type
Triplex
Transaction Type
For Sale
Status
Cancelled
Contract Status
Unavailable
MLS® Number
W11953973
Total Bedrooms
7
Bedrooms Above Grade
5
Bedrooms Below Grade
2
Total Bathrooms
4
Total Kitchens
4
Kitchens Above Grade
4
Rooms Above Grade
7
Interior Features
Separate Hydro Meter
Fireplace
Yes
Central Vacuum Yn
No
Construction
Brick
Roof
Asphalt Shingle
Lot Width
25.17
Parking Features
Front Yard Parking
Parking Total
2.0
Covered Spaces
0.0
Garage Type
None
Pool
None
Direction Facing
North
Cooling
Window Unit(s)
Cooling Installed
Yes
Heat Source
Gas
Heat Type
Radiant
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
177 Wallace Avenue, Toronto, ON M6H 1V3
City
Toronto W02
Neighbourhood
Dovercourt-Wallace Emerson-Junction
County / Region
Toronto
Province / State
ON
Postal Code
M6H 1V3
Cross Street
Bloor/Lansdowne
Country
CA
List Price
$2,400,000
Annual Taxes
$6,000
Tax Year
2024
Legal Description
Part Lot 20 Block Y Plan M88
Listing Office
PROEDGE REALTY INC.
Board
Toronto Regional Real Estate Board
Original Entry
2025-02-03T21:30:05Z
Media Updated
2025-02-21T23:52:00Z
Photos Updated
2025-02-21T23:52:00Z
Last Modified
2025-02-26T16:19:47Z
System Modified
2025-10-12T08:39:42.619653Z
MLS Status
Terminated
Architectural Style
2 1/2 Storey
Basement
Finished, Separate Entrance
Board Property Type
Free
Co List Office Name
PROEDGE REALTY INC.
Ddfyn
Yes
Expiration Date
2025-05-02
Foundation Details
Concrete Block
Heat Source Multi
Gas
Heat Type Multi
Radiant
Heating Yn
Yes
Hstapplication
Included
Occupant Type
Tenant
Originating System Id
A00001796
Parking Spaces
2
Property Features
Library, Public Transit, Rec./Commun.Centre, School
Public Remarks
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,. Rental occupancy is 100%.