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Renanza Realty
For sale

502 SALEM AVENUE N

Toronto (Dovercourt-Wallace Emerson-Junction), Ontario

MLS® W13477728

$1,390,000

Status
Active
Property type
House
MLS® number
W13477728
Bedrooms
4
Bathrooms
3
Year built
—

Listing description

502 Salem Ave N - A Rare West-End Gem! Offered for the first time in 50 years! This cherished, detached two-storey family home sits on a larger 25 x 120-foot lot in the coveted Dovercourt-Wallace Emerson-Junction area.

Nestled on a quiet, one-way street, this property offers the perfect blend of residential charm and urban pulse-located just steps from the trend-setting energy of Geary Avenue. | THE PROPERTY & POTENTIAL: A genuine blank canvas opportunity for renovators, builders, and savvy investors looking to design a custom dream home or develop a multi-unit property. + In-Law or Rental Potential: Features separate entrances to the main floor, second floor, and basement.

+ Laneway Suite Potential: A laneway report is available, highlighting the opportunity to build a secondary dwelling for multi-generational living or maximum rental income. + Rare 10-Car Parking: Includes a detached 3-car garage (two doors on the private driveway, one on the laneway) plus a private driveway that accommodates an additional 7 vehicles. || LIFESTYLE & COMMUNITY: + Unmatched Urban Living: A Walk Score of 83 puts Toronto's best artisanal cafes, craft breweries, and independent boutiques right at your doorstep.

+ Green Space & Recreation: Minutes from Dovercourt Park (tennis courts, splash pad, and ice rink), Bartlett Parkette, and the Wallace Emerson Community Centre. + Excellent Connectivity: A commuter's dream with three nearby bus routes offering quick connections to the Bloor subway line. Enjoy close proximity to Corso Italia, Bloorcourt, and the Junction.

| 502 Salem Ave N is a great opportunity to build equity in a rapidly evolving, vibrant revitalization area. Don't miss your chance to secure a detached foothold in one of the west end's hottest pockets.

Property summary

MLS® number
W13477728
Property type
Single Family
Building type
House
Title
Freehold
Land size
25 x 120 FT
Annual property taxes
$5,639.74
Parking
10 spaces · Detached Garage, Garage
Days on market
128 days

Features & details

Heating
Forced air, Natural gas
Cooling
Central air conditioning
Basement
Separate entrance, N/A
Flooring
Hardwood, Vinyl
Appliances
Refrigerator, Range, Window Coverings
Exterior features
Brick, Stone
Lot features
Lane

What would this home cost you?

Based on the $1,390,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$6,467 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of RIGHT AT HOME REALTY, Mississauga.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.