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502 Salem Avenue N
homes for sale · Toronto · Dovercourt-Wallace Emerson-Junction
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$1,390,000

502 Salem Avenue N

Dovercourt-Wallace Emerson-Junction, Toronto · MLS® W13477728

4310

House · Single Family · 123 days on market

listed by BRUCE SHAVER, RIGHT AT HOME REALTY

realtor's 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.

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property details

type
House, Single Family
bedrooms
4
bathrooms
3
parking
10
property tax
$5,640 / yr
days on market
123
MLS®
W13477728

features

  • Lane
  • Refrigerator
  • Range
  • Window Coverings

monthly cost

$6,526/mo
Mortgage $6,056 · Tax $470

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$6,056/ monthly
loan $1,112,000
25-year amortization
total interest
$704,829
cash to close
$278,000
down payment; transfer tax and fees not included
total paid
$1,816,829

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.

listed by
BRUCE SHAVER
RIGHT AT HOME REALTY
call BRUCE · 416-704-5715
Powered by: REALTOR.ca
▶ virtual tour

location

Dovercourt-Wallace Emerson-Junction, TorontoGoogle Maps ↗

location

Dovercourt-Wallace Emerson-Junction, TorontoGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

mihom score from OpenStreetMap places, by straight line distance.

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