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177 Wallace Ave, Toronto W02 Dovercourt-Wallace Emerson-Junction
Cashback ~$26,500
$2,400,000

177 Wallace Ave, Toronto W02 Dovercourt-Wallace Emerson-Junction

Triplex
Property type
5
Bedrooms
4
Bathrooms
Dovercourt-Wallace Emerson-Junction
Community name

Property details

Status
Active
Building type
2 1/2 Storey
Roof
Asphalt Shingle
A/C
Window Unit
Heating
Radiant
Foundation
Concrete Block
Pool
None
Lot size
25.17 X 75.00
Exterior
Library
Construction
Brick
Parking spaces
2
Updated on
2025-02-21, 11:52 p.m.
MLS® number
W11953973

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%.

$26,500 for this home
Justo provides you half of the agent’s commission on the sale.
Client Ambassador - Basma Ishaq

Here for your questions

Client Ambassador • Carolina Penuela
or call us at (315) 636-6522
Listed by: PROEDGE REALTY INC.
Note: All the listing related information herein is deemed reliable but not guaranteed accurate by TRREB®, CREB® or MLS®. It is from sources deemed reliable, but should not be relied upon without independent verification.