177 Wallace Ave

177 Wallace Ave
177 Wallace Ave
177 Wallace Ave
+35
5+2
 bed
4
 bath
2
 parking
-
 sqft
Triplex
$2,400,000
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$2,400,000
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Size
-
Lot size
175.4 sqm
Street frontage
N
Possession
2025-03-31 00:
Price per sqm
-
Taxes
$6,000 (2024)
Parking Type
-
Style
2 1/2 Storey
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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 potential to generate $10,000 in monthly 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%.

EXTRAS:
Broker: PROEDGE REALTY INC.
MLS®#: W11953973
Property details
Parking:
2
Parking type:
-
Property type:
Triplex
Heating type:
Radiant
Style:
2 1/2 Storey
MLS Size:
-
Lot front:
7.62 M
Lot depth:
22.86 M
Listed on:
Feb 3, 2025
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Rooms
LevelNameSizeFeatures
Ground
Living
1.2 x 1.0 m
Ground
Kitchen
1.4 x 0.9 m
Ground
Br
1.2 x 1.0 m
Ground
Br
1.2 x 0.8 m
2nd
Living
1.5 x 0.8 m
2nd
Kitchen
1.2 x 0.6 m
2nd
Br
1.1 x 0.9 m
2nd
Br
1.1 x 1.0 m
2nd
Br
1.1 x 0.6 m
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Instant estimate:
orto view instant estimate
$149,607
lower than listed price
i
High
$2,330,648
Mid
$2,250,393
Low
$2,137,161
231 Symington Ave
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Ted Prothero
Sales Representative
Property.ca Inc., Brokerage
© Property.ca Inc., Brokerage
MLS#: W11953973
Listed by PROEDGE REALTY INC.

About 177 Wallace Ave

177 Wallace Ave is a Toronto triplex for sale, near Bloor and Lansdowne. 177 Wallace Ave has an asking price of $2400000, and has been on the market since February 2025. This triplex has 5+2 beds and 4 bathrooms. 177 Wallace Ave resides in the Toronto Wallace Emerson neighbourhood, and nearby areas include Junction Triangle , Dovercourt Park, Dufferin Grove and Corso Italia.

There are a lot of great restaurants around 177 Wallace Ave, Toronto. If you can't start your day without caffeine fear not, your nearby choices include Wallace Espresso. For grabbing your groceries, Bon Appetite is only steps away.

For those residents of 177 Wallace Ave, Toronto without a car, you can get around quite easily. The closest transit stop is a Bus Stop (Lansdowne Ave at Wallace Ave) and is only steps away connecting you to Toronto's public transit service. It also has route Lansdowne nearby. For drivers at 177 Wallace Ave, it might be easier to get around the city getting on or off Gardiner Expressway and Dowling Ave, which is within a few minutes drive.