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Active

NEW

356 Wallace Ave

Toronto W02, ON M6P 3P2

$1,399,000

356 Wallace Ave, Toronto W02 — Listed at $1,399,000. 4 bedroom, 3 bathroom 2 1/2 Storey. MLS® W13349158.

Just listed — 2 days ago

4Beds

3Baths

1500-2000sqft

2 1/2 Storey

2Parking

$6,138.27 (2025)

Description

Rare opportunity to own a Detached Home currently configured with separate living spaces on basement, main and second floors!!! This income property 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 3 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.

Price & Status History

Price history is locked

Property Details

Property TypeDetached

Style2 1/2 Storey

CommunityDovercourt-Wallace Emerson-Junction

Rooms8+3

Kitchens3

Washrooms3

Square Feet1500-2000 sqft

Lot Dimensions23.28 × 125 ft

Fronting OnSouth

Dir/Cross StWallace/Perth

Garage TypeNone

DriveMutual

Parking Drive Spaces2

Total Parking Spaces2

ExteriorBrick

RoofAsphalt Shingle

FoundationUnknown

BasementFinished, Walk-Up

Heating TypeForced Air

Heating SourceGas

A/CCentral Air

SewersSewer

Taxes (2025)$6,138.27

HSTIncluded In

Listed Date6/6/2026

Days on Market2 days

PossessionVacant

Your agent: Vick Yogeswaran

REALTOR® · RE/MAX Realtron Realty Inc.

Same-day showings available

Property Insights

Home Value
Estimate

Listing Courtesy of: FIRST CLASS REALTY INC.

MLS® #W13349158

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.

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About Toronto Real Estate

This Detached is located in the Dovercourt-Wallace Emerson-Junction community in Toronto. 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.

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 →