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Detached for sale at 132 Wallace Avenue, Toronto W02 - 4 bedroom, 3 bathroom - Photo 1 of 36
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Sold

$1,399,000

132 Wallace Ave

Toronto W02, ON M6H 1T5

132 Wallace Ave, Toronto W02 — Sold for $1,399,000. 4 bedroom, 3 bathroom 2-Storey Detached. MLS® W13047608.

4Beds
3Baths
1100-1500sqft
Detached
2-Storey
2Parking
$5,207.31Taxes/yr · 2025
See similar homes in this price range

Description

Absolutely Stunning, Fully Renovated Detached Home with Income Potential! Welcome to this turnkey gem! A beautifully renovated 3+1 bedroom detached home featuring a fully finished basement apartment with a private walk-up entrance. Perfect for end-users or investors, this property offers modern design, functional living space, and a prime location. Recent Renovations (Completed Within the Last Month): Brand new chefs kitchen with stainless steel appliances, quartz countertops, rolling centre island, and stylish cabinetry, Engineered hardwood flooring throughout, Elegant pot lights and wrought iron pickets, Freshly painted interior with modern finishes, New front entry door, updated 4-piece main floor bathroom, and 3-piece second-floor bathroom, Full-size main floor washer & dryer, Roof approx. 3 years old; upgraded copper water line from house to city, Furnace approx. 9 years old; Basement Apartment: Fully finished with separate entrance, Ideal for rental income or in-law suite; Exterior Features: Detached 2-car garage at the rear, Private outdoor space for entertaining or relaxing; Versatile Layout: Potential to convert small upstairs bedroom into a third kitchen, creating a triplex for additional rental income; Unbeatable Location: Steps to top-rated schools, TTC, subway station, High Park, scenic walking trails, grocery stores, restaurants, and more! This home offers the perfect blend of modern style, thoughtful upgrades, and incredible investment potential all in a high-demand neighbourhood. A Must-See! Priced to Sell. Move-In Ready. A+++

Property Details

Property TypeDetached
Style2-Storey
CommunityDovercourt-Wallace Emerson-Junction
Rooms6
Kitchens2
Washrooms3
Square Feet1100-1500 sqft
Lot Dimensions20.58 × 124 ft
Fronting OnNorth
Dir/Cross StLansdowne / Wallace Ave
Garage TypeDetached
Garage Parking Spaces2
Total Parking Spaces2
ExteriorBrick
RoofShingles
FoundationConcrete Block
BasementFinished, Separate Entrance
Heating TypeForced Air
Heating SourceGas
A/CCentral Air
SewersSewer
Taxes (2025)$5,207.31
HSTIncluded In
Listed Date4/27/2026
Days on Market199 days
Possession30-60 Days

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Listing Courtesy of: ROYAL LEPAGE MAXIMUM REALTY

MLS® #W13047608

TRREBMLS®

The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. 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. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

© 2026 Toronto Regional Real Estate Board. All rights reserved.

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HouseIndex Take: 132 Wallace Avenue

This detached (2-Storey) is located in the Dovercourt-Wallace Emerson-Junction neighbourhood of Toronto.

The home offers 4+1 bedrooms, 3 bathrooms.

Features include a finished, separate entrance basement, 2 parking spaces including a 2-car garage.

Additional details: lot dimensions of 20.58 × 124 feet.

This property has been sold. Annual property taxes were $5,207.31 (2025). Sign in to view the sold price.

About Toronto Real Estate

This Detached in the Dovercourt-Wallace Emerson-Junction community in Toronto has been sold. Toronto is Canada's largest city and the economic hub of the Greater Toronto Area. With world-class transit, diverse neighbourhoods from the Annex to Scarborough, and proximity to major employers in the Financial District, it remains the most sought-after real estate market in Ontario. Buyers benefit from extensive GO Transit and TTC subway connectivity. Detached homes in Toronto are in high demand among families seeking space, privacy, and long-term equity growth. Reviewing sold prices in the area helps buyers and sellers understand current market values.

TTC subway & streetcar networkWorld-class dining & entertainmentUniversity of Toronto & major hospitals nearbyWaterfront trails & ravine parks
Walkability: Highly walkable — many neighbourhoods score 80+ on Walk Score
View full Toronto neighbourhood guide →