Toronto W02 M6H 1V1 Ontario
MLS: W12505844
Added 7 hours ago | For Sale
Listed by: MCCANN REALTY GROUP LTD.
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.
| Level | Type | Features | Dimensions |
|---|---|---|---|
| Main | Living Room | Open Concept, Walk-Out | 6 ft, 4 in x 10 ft, 10 in |
| Kitchen | Open Concept, Stainless Steel Appl | 12 ft x 11 ft, 7 in | |
| Bedroom | Bay Window, Closet | 12 ft, 8 in x 11 ft, 2 in | |
| Bedroom 2 | Window | 15 ft, 10 in x 8 ft, 10 in | |
| Second | Kitchen | Open Concept, W/O To Deck | 13 ft, 1 in x 7 ft, 10 in |
| Bedroom | Closet, Bay Window, Hardwood Floor | 15 ft, 11 in x 8 ft, 10 in | |
| Bedroom 2 | Bay Window, Closet, Hardwood Floor | 14 ft, 3 in x 9 ft | |
| Bedroom 3 | Hardwood Floor, 3 Pc Bath, Combined w/Laundry | 9 ft, 1 in x 8 ft, 4 in | |
| Basement | Living Room | Open Concept, Combined w/Dining | 8 ft x 10 ft, 10 in |
| Kitchen | Open Concept, Combined w/Laundry | 14 ft, 8 in x 7 ft, 10 in | |
| Bedroom | Above Grade Window, Laminate | 9 ft, 4 in x 8 ft | |
| Bedroom 2 | Laminate | 8 ft, 10 in x 7 ft, 4 in |
No property rooms available.
