356 Wallace Avenue
356 Wallace Avenue
$1,250,000
36 days on market
About This Listing
Rare opportunity to own a Detached Home currently configured with separate living spaces on Main and second floors + Loft and Finished Basement Apartment !!! This income property on a quiet , tree-lined street in Toronto's sought-after Junction Triangle, just steps to the West Toronto Railpath, transit, parks and vibrant west-end amenities. Flexible living across 3 levels with approximately $6,000/month in rental income potential, offering an ideal setup for investors or buyers looking to live in one level while generating income from the others. Smooth Ceiling with Pot Lights on Ground Floor. Each level (excluding loft area) features its own kitchen and bathroom, thoughtfully configured to support multi-unit living, extended family, or continued rental use. A fantastic opportunity to combine lifestyle, location, and income potential in one of Toronto's most dynamic west-end neighbourhoods.
| Monthly Mortgage (P&I) | $5,446 |
| Property Tax (MLS) | $512 |
| Maintenance Fees | $0 |
| Total Monthly Cost | $5,958 |
Down payment: $250,000 (20.0%) · Mortgage: $1,000,000
Property tax uses MLS annual tax of $6,138/yr. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.
Property Details
Listing provided by FIRST CLASS REALTY INC.
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Data last updated: August 23, 2026 at 04:25 a.m.