151 Wallace Avenue, Toronto W02, Ontario M6H 1V1 is For Sale and has a listing price of 1,649,000. The property is located in the Toronto W02 . It's been on the website for 55 Days.
Live in style and invest wisely! Discover a rare opportunity in one of Toronto’s most desirable neighborhoods – the vibrant Junction Triangle-Little Portugal. Welcome to 151 Wallace Avenue, a fully renovated and highly versatile property in the heart of a dynamic, fast-growing community. It is a legal duplex, perfect for investors, first-time buyers, or multi-generational living, this home offers exceptional flexibility. Enjoy income potential from two rental units, or easily convert it into a spacious single-family residence with a separate basement suite for added revenue. Ideal for house-sharing – live in one unit, rent out the other, and watch your equity grow! This turnkey property is fully leased at strong market rents – see attached financials. The main floor features a bright two-bedroom unit with access to a private backyard and a walkout deck perfect for relaxing. Upstairs, you’ll find a three-bedroom suite with a renovated bath and a sunny balcony. The basement includes a separate entrance, above-grade windows, and large bedrooms – all with in-unit laundry. The south-facing backyard is perfect for summer BBQs and gatherings with friends and family, with one front yard parking spot and a second accommodated adjacently. This property has future potential for back extension and or garden suite to increase value. Location is unbeatable – steps from local cafés, bakeries, Toronto’s best Korean fried chicken spots, breweries, and the TTC. This isn’t just a home – it’s a lifestyle investment in one of the city’s most exciting communities with outstanding further growth potential.
| List Date | MLS ID | List Price | Status | End Date | Closed Price |
|---|---|---|---|---|---|
| 11/04/2025 | W12505844 | $1,649,000 | For Sale | - | - |
