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274 Wallace Avenue

274 Wallace Avenue

Toronto W02, ON

  • 4 bed
  • 3 bath
  • approx. 1100-1500 sqft
  • Semi-Detached
$1,229,999

Stunning Semi-Detached, legal duplex in the Heart of The Junction! Welcome to 274 Wallace Ave, designed with an exceptionally functional open concept floor plan, ideally situated in one of Toronto's most sought-after neighbourhoods. Thoughtfully renovated from top to bottom, this turnkey property combines modern design, quality finishes, and versatile living space-perfect for homeowners, investors, or multi-generational families.The custom kitchen showcases granite countertops and quality finishes, complemented by beautiful hardwood flooring throughout. The second floor offers three spacious bedrooms, each featuring custom-built closet organizers, along with a luxurious 5-piece bathroom.The fully self-contained basement apartment offers excellent flexibility and income potential, complete with a separate entrance, full-size kitchen and appliances, dedicated washer and dryer, and separately metered hydro.Enjoy an unbeatable location just a short walk to Toronto Subway Line 2 (Bloor-Danforth), Lansdowne Station, the UP Express and GO Transit. Explore the vibrant neighbourhood with a mix of shops, cafés, restaurants and galleries, while being close to the Museum of Contemporary Art Toronto and the green spaces of High Park. A rare opportunity to own a beautifully updated home in a highly connected and vibrant Toronto neighbourhood. Move-in ready with exceptional space flexibility and income potential.View the Matterport virtual tour and floor plan for a closer look. Some pictures virtually staged.

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Listing Details

Taxes (2026)
$5,118
Originally Listed
$1,099,000
Listed
October 1, 2026

Price History

Property

Style
2-Storey
Construction
Stucco (Plaster), Aluminum Siding
Roof
Asphalt Shingle
Foundation
Unknown
Interior
Carpet Free, Guest Accommodations, In-Law Capability, In-Law Suite, Separate Heating Controls, Separate Hydro Meter
Lot Size
17.5 x 74 Feet

Parking

Garage
None
Covered Spaces
0
Total Parking
0

Utilities

Sewer
Sewer
Heat Source
Gas

Location & Legal

Cross Street
Bloor & Lansdowne
Parcel Number
213290383
Possession
Flexible
Occupancy
Owner

Included

Inclusions
Two Fridges, Two Stoves, Two B/I Microwaves, Two Dishwashers. One set of full size washer/dryer, one set of apartment size washer/dryer (washer as -is). Basement A/C unit and wall mounted heaters.
Rental Items
Water Heater (Enercare $43.10/month, incl tax), Air Conditioner (Reliance $81.35/month, incl tax)

Schools

Elementary

  • St Luigi Catholic School0.4 km

    Catholic · Toronto CDSB · 125 students

    Grade 3 reading: 42% met the provincial standard

  • Perth Avenue Junior Public School0.4 km

    Public · Toronto DSB · 515 students

    Grade 3 reading: 79% met the provincial standard · Grade 6 math: 68% met the provincial standard

  • St Sebastian Catholic School0.6 km

    Catholic · Toronto CDSB · 250 students

    Grade 3 reading: 95% met the provincial standard · Grade 6 math: 69% met the provincial standard

Secondary

  • Bishop Marrocco/Thomas Merton Catholic Secondary School0.7 km

    Catholic · Toronto CDSB · 775 students

    Grade 10 literacy: 69% met the provincial standard

  • Bloor Collegiate Institute0.9 km

    Public · Toronto DSB · 820 students

    Grade 10 literacy: 95% met the provincial standard

  • Caring and Safe School 40.9 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 M6P

Population
39,870
Private dwellings
20,750
Median age
39.2
Average household size
2.1
Median household income
$86,000

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
$1,175,000
Homes sold
738
Median days on market
11
Sale-to-list price
103.0%

Based on 738 recorded sales of residential freehold properties in Toronto W02 over the last 12 months.

Rooms

5-piece on Second, 3-piece on Main, 3-piece on Lower

Second

  • Bedroom
  • Bedroom
  • Primary Bedroom13'5" x 10'1"

Main

  • Dining Room9'11" x 10'8"
  • Kitchen11'7" x 12'5"
  • Living Room16'5" x 10'8"

Lower

  • Bedroom10'6" x 9'3"
  • Recreation23'5" x 10'6"

Listed by

KELLER WILLIAMS EMPOWERED REALTY

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$246,000

Estimated Monthly Payment

$6,043

Land transfer tax

Estimated land transfer tax$21,075

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: $6,043/mo (20% down, 5.5%)

Taxes: $426/mo · Insurance: $307/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

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Reita said:

Reita is an automated assistant, not a licensed real estate agent. This listing mentions basement apartment. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

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