515 Salem Avenue N

515 Salem Avenue N
515 Salem Avenue N
515 Salem Avenue N
+9
3+2
 bed
3
 bath
2
 parking
1100 - 1500
 sqft
Detached
Sold for
$1,118,000
Listed for
$1,138,000
Sold on 
Dec 9, 2025
8 days
 on site
Sold for
$1,118,000
Listed for
$1,138,000
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Size
-
Lot size
2635 sqft
Street frontage
-
Possession
Flexible
Price per sqft
$745 - $1,016
Taxes
$5,678.28 (2025)
Parking Type
-
Style
2-Storey
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Description
Come take a look at this fantastic property! A perfect chance to get into the Toronto investment market. Both units are spacious, providing immediate cash flow from day one. Basement is now Vacant. Looking for future upside? A laneway report is available, showing the potential to add a laneway house and further increase rental income. Located in a prime area, walk to the St. Clair streetcar, Bloor subway line, and the exciting Galleria redevelopment. Whether you're an investor looking for turnkey rental income or planning to maximize future potential, this property checks all the boxes. Don't miss on this opportunity!
Broker: ELEVATE REALTY INC.
MLS®#: W12591966
Property details
Parking:
2
Parking type:
-
Property type:
Detached
Heating type:
Forced Air
Style:
2-Storey
MLS Size:
1100-1500 sqft
Lot front:
20 Ft
Lot depth:
126 Ft
Listed on:
Dec 1, 2025
Show all details
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About 515 Salem Avenue N

515 Salem Avenue N is a Toronto detached house which was for sale. Listed at $1138000 in December 2025, the listing is no longer available and has been taken off the market (Sold) on 9th of December 2025. 515 Salem Avenue N has 3+2 beds and 3 bathrooms. Situated in Toronto's Corso Italia neighbourhood, Dovercourt Park, Hillcrest | Bracondale Hill, Wallace Emerson and Christie Pits are nearby neighbourhoods.

515 Salem Ave N, Toronto is a 6-minute walk from Mofer Coffee for that morning caffeine fix and if you're not in the mood to cook, Irwin Shots, 241 Pizza and Rush Hour are near this detached house. For grabbing your groceries, Dark Horse Bakery is a 3-minute walk.

If you are reliant on transit, don't fear, 515 Salem Ave N, Toronto has a public transit Bus Stop (Davenport Rd at Salem Ave) only steps away. It also has route Davenport close by. Access to Gardiner Expressway from 515 Salem Ave N is within a 9-minute drive, making it easy for those driving to get into and out of the city using on and off ramps on Dowling Ave.