502 Salem Ave

Dovercourt-Wallace Emerson-Junction, Toronto, Ontario M6H 3E1

For Sale · MLS® W13477728 · TRREB MLS®
3+1
Beds
3
Baths
1500-2000
Sqft
3
Parking
Detached
Type

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.

01 / Property recordListing details

Key Facts

MLS® #
W13477728
Board
TRREB MLS®
Days on market
Tax
$5,640
Size
1500-2000 sqft
Lot
25 × 120 Feet
Parking
3 Detached, 10 Parking

Listing History

Buy/Sell history for 502 Salem Ave, Toronto, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
N/AN/A$1,390,000N/AScW13477728

Estimated Market Value

Estimated value requires sign in

AI market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.

Property Details

Property

Property Type
Detached
Style
2-Storey
Community
Dovercourt-Wallace Emerson-Junction
Municipality
Toronto

Inside

Bedrooms
3+1
Bathrooms
3
Bathroom Detail
1, 4pc, Main
Bathroom Detail
1, 4pc, 2nd
Bathroom Detail
1, 3pc, Bsmt
Basement Type
Sep Entrance
Kitchens
2

Utilities

Water
Municipal
Cooling
Central Air
Heating Type
Forced Air

Building

Size
1500-2000 sqft
Construction
Brick

Parking

Driveway
Private, Lane
Garage Type
Detached
Garage
3
Add. Parking
7
Total Parking
10

Land

Sewer
Sewers
Lot Size
25 × 120 Feet
Lot Size Code
Feet

Additional

Foundation
Concrete
Roof
Shingles, Flat
Fireplace
N
Pool
None
Den
N
Family room
N
Extras
Main: gas range and fridge. Second: gas range, fridge and bar fridge. All existing electrical light fixtures. All existing window coverings. Hardwood strip flooring under some carpet. Updated breaker panel, wiring, receptacles and switches. All in as-is condition.

Rooms (11)

Living (2.8 × 4.5)

hardwood floor · Ceiling Fan

Level: Main

Kitchen (2.3 × 3.6)

Vinyl Floor

Level: Main

3rd Br (3.3 × 3.5)

Vinyl Floor

Level: Main

Den (2.5 × 2.6)

Vinyl Floor · Side Door · W/O To Deck

Level: Main

Primary (3.6 × 4.1)

Vinyl Floor · Ceiling Fan · W/O To Balcony

Level: 2nd

2nd Br (3.2 × 4.0)

Vinyl Floor · Ceiling Fan

Level: 2nd

Kitchen (2.4 × 3.4)

Vinyl Floor

Level: 2nd

Den (2.7 × 2.8)

Vinyl Floor · Side Door

Level: 2nd

4th Br (2.7 × 3.8)

Vinyl Floor

Level: Bsmt

Kitchen (2.8 × 3.9)

Vinyl Floor · Combined W/Living · Side Door

Level: Bsmt

Living (2.8 × 3.0)

Vinyl Floor · Combined W/Kitchen · Side Door

Level: Bsmt

Location

Comparable Sales

Comparable sales require sign in

Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.

02 / Plan your numbersTools

Mortgage Tools

Mortgage calculator

20%

Monthly Payment

$6,372

  • Down payment$278,000
  • Mortgage amount$1,112,000
  • Total interest$799,600
  • Total cost$2,189,600

Cash flow analysis

$6,372

Total monthly payment

$6,842

Break-even down payment

100%

Cash flow-$6,842
03 / Community profileNeighbourhood demographics

Expand Neighbourhood demographics to load Statistics Canada census charts.

04 / Local performanceMarket details

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$1,390,000

$1,390,000

CAD

Estimated market value

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