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524 Salem Avenue

524 Salem Avenue

Toronto W02, ON

  • 3 bed
  • 2 bath
  • approx. 700-1100 sqft
  • Detached
  • 137 days on market
$999,900Price reduced 9%

Welcome to 524 Salem Ave is a rare opportunity to own a charming, fully detached 2+1 bedroom, 2 bathroom bungalow in a prime Toronto location! Tucked away in the heart of the highly sought-after Davenport community, this hidden gem is just steps from Wychwood, Corso Italia, Regal Heights, and Dovercourt Village. Experience the perfect blend of character and convenience, surrounded by vibrant shops, trendy cafes, diverse restaurants, and excellent transit options. This meticulously maintained home showcases an updated eat-in kitchen with stainless steel appliances, soaring main-floor ceilings, a spacious two-car garage, and a separate entrance leading to a fully finished basement. With an impressive 89 Walk Score, this property also offers exciting potential for a future laneway suite.

Listing Details

Taxes (2025)
$5,052
Originally Listed
$1,099,000
Listed
April 27, 2026

Price History

Listing history

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Property

Style
Bungalow
Construction
Brick
Roof
Asphalt Shingle
Foundation
Concrete
Interior
Primary Bedroom - Main Floor, Storage, Water Heater Owned
Lot Size
17.17 x 127.31 Feet

Parking

Garage
Detached
Covered Spaces
2
Total Parking
2

Utilities

Sewer
Sewer
Heat Source
Gas

Location & Legal

Cross Street
Davenport Rd & Ossington Ave
Parcel Number
212890165
Possession
Flexible
Occupancy
Owner

Included

Inclusions
Refrigerator, Stove, Hood Fan, Dishwasher, Washer & Dryer, Electric Garage door opener.

Schools

Elementary

  • Regal Road Junior Public School0.2 km

    Public · Toronto DSB · 445 students

    Grade 3 reading: 79% met the provincial standard · Grade 6 math: 45% met the provincial standard

  • St Mary of the Angels Catholic School0.3 km

    Catholic · Toronto CDSB · 230 students

    Grade 3 reading: 83% met the provincial standard · Grade 6 math: 59% met the provincial standard

  • Winona Drive Senior Public School0.6 km

    Public · Toronto DSB · 370 students

Secondary

  • Oakwood Collegiate Institute0.6 km

    Public · Toronto DSB · 525 students

    Grade 10 literacy: 88% met the provincial standard

  • Bloor Collegiate Institute1.6 km

    Public · Toronto DSB · 820 students

    Grade 10 literacy: 95% met the provincial standard

  • Caring and Safe School 41.7 km

    Public · Toronto DSB

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area M6H

Population
43,730
Private dwellings
21,284
Median age
38.4
Average household size
2.3
Median household income
$83,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Residential Freehold in Toronto W02 · last 12 months

Median sold price
$1,165,500
Homes sold
771
Median days on market
11
Sale-to-list price
102.8%

Based on 771 recorded sales of residential freehold properties in Toronto W02 over the last 12 months.

Rooms

4-piece on Main, 4-piece on Basement

Main

  • Bedroom 27'7" x 9'7"
  • Family Room9'1" x 15'1"
  • Kitchen12'1" x 11'3"
  • Primary Bedroom9'1" x 10'6"

Basement

  • Bedroom 39'3" x 12'8"
  • Dining Room11'7" x 17'5"

Listed by

RE/MAX WEST REALTY INC.

Walk Score

89

Walk

79

Transit

81

Bike

Scores by Walk Score®

Mortgage Calculator

$199,980

Estimated Monthly Payment

$4,912

Land transfer tax

Estimated land transfer tax$16,473

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $4,912/mo (20% down, 5.5%)

Taxes: $421/mo · Insurance: $250/mo

Estimates only. Consult a financial advisor.

R

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