Absolutely Stunning, Fully Renovated Detached Home with Income Potential!Welcome to this turnkey gem! A beautifully renovated 3+1 bedroom detached home featuring a fully finished basement apartment with a private walk-up entrance. Perfect for end-users or investors, this property offers modern design, functional living space, and a prime location. Recent Renovations (Completed Within the Last Month): Brand new chefs kitchen with stainless steel appliances, quartz countertops, rolling centre island, and stylish cabinetry, Engineered hardwood flooring throughout, Elegant pot lights and wrought iron pickets, Freshly painted interior with modern finishes, New front entry door, updated 4-piece main floor bathroom, and 3-piece second-floor bathroom, Full-size main floor washer & dryer, Roof approx. 3 years old; upgraded copper water line from house to city, Furnace approx. 9 years old; Basement Apartment: Fully finished with separate entrance, Ideal for rental income or in-law suite; Exterior Features: Detached 2-car garage at the rear, Private outdoor space for entertaining or relaxing; Versatile Layout: Potential to convert small upstairs bedroom into a third kitchen, creating a triplex for additional rental income; Unbeatable Location: Steps to top-rated schools, TTC, subway station, High Park, scenic walking trails, grocery stores, restaurants, and more! This home offers the perfect blend of modern style, thoughtful upgrades, and incredible investment potential all in a high-demand neighbourhood. A Must-See! Priced to Sell. Move-In Ready. A+++
Address
132 Wallace Avenue
List Price
$1,450,000
MLS® Status
New
Expiration Date
2026-04-30
Property Type
Residential Freehold
Type of Dwelling
Detached
Style of Home
2-Storey
Transaction Type
Sale
Area
Toronto W02
Sub-Area
Dovercourt-Wallace Emerson-Junction
Region
Toronto
Bedrooms
3 + 1
Bedrooms (Total)
4
Rooms Above Grade
6
Bathrooms
3
Floor Area
1100-1500 Sq. Ft.
Lot Size Source
MPAC
Lot Depth
124
Lot Size Units
Feet
Lot Width
20.58
Parcel Number
213130606
Occupant Type
Partial
Cross Street
Lansdowne / Wallace Ave
MLS® Number
W12510014
Listing Brokerage
ROYAL LEPAGE MAXIMUM REALTY
Basement Area
Finished, Separate Entrance
Postal Code
M6H 1T5
Posession Details
Flexible
Parking Places (Total)
2
Tax Amount
$5,207.31
Tax Year
2025
Interior Features
Other
Central Vacuum
No
Family Room
No
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
Central Air
Construction Materials
Brick
Direction Faces
North
Fireplace
No
Foundation Details
Concrete Block
Garage
Yes
Garage Type
Detached
Covered Spaces
2
Kitchens Total
2
Kitchens Above Grade
1
Kitchens Below Grade
1
Pool Features
None
Roof
Shingles
Tax Legal Description
PLAN 516 PT LT 25
Waterfront
No
Sewer
Sewer