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151 Wallace Avenue in Toronto for sale

Asking price
$1,649,000
Estimate (Nov 04)
$1,589,716
MLS #:
W12505844
Type:
Detached, 2-Storey
Approx. SQFT:
1500-2000
Basement:
Finished
5+2 5+2
22.17 x 112 ft lot
PROPERTY HISTORY
SIGN IN REQUIRED
List Date List Price Last Status Sold Date Sold Price Days On Market
0000-00-00 $00000 Sus N/A N/A N/A
0000-00-00 $00000 Ter N/A N/A N/A
0000-00-00 $00000 Lsd Jun 22, 2020 $2,650
0000-00-00 $00000 Ter N/A N/A N/A
0000-00-00 $00000 Lsd Apr 08, 2018 $2,500
0000-00-00 $00000 Lsd Apr 16, 2018 $1,700
0000-00-00 $00000 Sld Feb 08, 2017 $925,000

Listed by Mccann Realty Group Ltd..

151 Wallace Avenue is a Detached, 2-Storey and is currently for Sale @ $1,649,000. Taxes in 2025 were $6,372.04.

More homes for sale under 1.6M in Toronto

Live in style and invest wisely! Discover a rare opportunity in one of Toronto's most desirable neighborhoods - the vibrant Junction Triangle-Little Portugal. The 2-Storey on 151 Wallace Avenue has 5 bedrooms, 3 bathrooms, and is located on a 112 x 22.17 ft loton < .50 acres in the community of Dovercourt-Wallace Emerson-Junction . Welcome to 151 Wallace Avenue, a fully renovated and highly versatile property in the heart of a dynamic, fast-growing community. It is a legal duplex, perfect for investors, first-time buyers, or multi-generational living, this home offers exceptional flexibility. Enjoy income potential from two rental units, or easily convert it into a spacious single-family residence with a separate basement suite for added revenue. Ideal for house-sharing - live in one unit, rent out the other, and watch your equity grow! This turnkey property is fully leased at strong market rents - see attached financials. The main floor features a bright two-bedroom unit with access to a private backyard and a walkout deck perfect for relaxing. Upstairs, you'll find a three-bedroom suite with a renovated bath and a sunny balcony. The basement includes a separate entrance, above-grade windows, and large bedrooms - all with in-unit laundry. The south-facing backyard is perfect for summer BBQs and gatherings with friends and family, with one front yard parking spot and a second accommodated adjacently. This property has future potential for back extension and or garden suite to increase value. Location is unbeatable - steps from local cafés, bakeries, Toronto's best Korean fried chicken spots, breweries, and the TTC. This isn't just a home - it's a lifestyle investment in one of the city's most exciting communities with outstanding further growth potential.

3 Stoves, 3 Chimneys, 3 Refrigerators, 3 Dishwashers, 3 Washer, 3 Dryers. 1 Legal parking spot. Driveway can accommodate two cars.

The address 151 Wallace Avenue was listed for sale (MLS# W12505844) on Monday, November 03, 2025.

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  • Date Listed: Monday, November 03, 2025
  • Listing Brokerage: Mccann Realty Group Ltd. - Disclaimer: The information contained in this listing has not been verified by Mccann Realty Group Ltd. and should be verified by the buyer.
  • City: Toronto

    More 5 bedrooms homes for sale in Toronto

  • Neighbourhood: Dovercourt-Wallace Emerson-Junction
  • Major Intersection: Wallace & Landsdowne
  • Full Address: 151 Wallace Avenue, Toronto, M6H 1V1, Canada, ON, Canada
  • Living Room: Open Concept, Walk-Out
  • Kitchen: Open Concept, Stainless Steel Appl
  • Kitchen: Open Concept, W/O To Deck
  • Living Room: Open Concept, Combined W/Dining
  • Kitchen: Open Concept, Combined W/Laundry
  • Amenities:
  • Taxes: $6,372.04 (2025)
Living6 x 11 ft66 sq ft
Kitchen12 x 12 ft144 sq ft
Br13 x 11 ft143 sq ft
2nd Br16 x 9 ft144 sq ft
Kitchen13 x 8 ft104 sq ft
Br16 x 9 ft144 sq ft
2nd Br14 x 9 ft126 sq ft
3rd Br9 x 8 ft72 sq ft
Living8 x 11 ft88 sq ft
Kitchen15 x 8 ft120 sq ft
Br9 x 8 ft72 sq ft
2nd Br9 x 7 ft63 sq ft

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