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177 Wallace Av 4 Unit Apartment Building $1,675,000 CAD ($418,750 CAD/Unit) 6.29% Cap Rate Toronto, ON M6H 1V3

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EXECUTIVE SUMMARY

Welcome to 177 Wallace Ave with ***4 Separate Income-Generating Units**** Discover the perfect blend of classic charm and contemporary design in this fully renovated 2.5-storey home, including a finished basement suite with separate entrances. This is an exceptional opportunity for multi-family living or investors seeking high rental income in a thriving neighborhood.Property Highlights: Spacious & Modern Living Open-concept layout with large windows that bathe the space in natural light, creating a warm and inviting atmosphere. 4 Fully Equipped Kitchens Chef-inspired kitchens featuring stainless steel appliances, sleek quartz countertops, and custom cabinetry, perfect for cooking and entertaining. 7 Generously Sized Bedrooms Well-appointed rooms designed for comfort and privacy. 4 Stylishly Renovated Bathrooms Featuring glass-enclosed showers and modern fixtures. Private Outdoor Spaces Each of the three above-ground units includes its own private outdoor sitting area. Convenient Parking Private parking space for two suites. Prime Location Situated in the vibrant Dovercourt-Wallace Emerson-Junction (W02) neighborhood, just minutes from local shops, cafes, parks, schools, and transit options.This fully tenanted property (100% rental occupancy) is a rare find, offering both a stunning living space and an excellent investment opportunity. Dont miss your chance to own a completely renovated, high-income-generating home!

PROPERTY FACTS

Price $1,675,000 CAD
Price Per Unit $418,750 CAD
Sale Type Investment
Cap Rate 6.29%
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Building Size 3,500 SF
Average Occupancy 100%
No. Stories 2
Year Built 1979
Walk Score®
Walker's Paradise (92)
Transit Score®
Rider's Paradise (93)
Bike Score®
Very Bikeable (79)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 38607789

  • Date on Market: 2025-12-01

  • Last Updated:

  • Address: 177 Wallace Av, Toronto, ON M6H 1V3

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