274 Wallace Avenue, Toronto W02

$1,269,000
274 Wallace Avenue

$1,269,000

Price Change
22d
Semi-Detached 2-Storey

274 Wallace Avenue, Toronto W02

Total Monthly Obligation $5,920

Beds
4
Baths
3
Park
0
Sqft
1100-1500
DOM
22d
Score
17
Yield
4.2%
Cash on Cash
-4.7%
Cap Rate
3.6%
5Y IRR
11.9%
10Y IRR
11.7%
Property Type-Semi-Detached
MLS® Number-W13850496
Beds-4
Bathrooms-3
Size-1100-1500 sqft
Lot Size-17.5 × 74 ft
Listed on site-Oct 1, 2026
Style-2-Storey
Building Type-Semi-Detached
Taxes-$5,117.97 (2026)
Parking-None
Basement-Apartment, Separate Entrance, Finished
Heating-Forced Air (Gas)
Brokerage-KELLER WILLIAMS EMPOWERED REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Stucco (Plaster), Aluminum Siding
Roof-Asphalt Shingle
Foundation-Unknown
Sewer-Sewer
Possession-30/60/90
Neighbourhood-Dovercourt-Wallace Emerson-Junction
Title-Residential Freehold

No agent assigned

Stunning Semi-Detached, legal duplex in the Heart of The Junction! Welcome to 274 Wallace Ave, designed with an exceptionally functional open concept floor plan, ideally situated in one of Toronto's most sought-after neighbourhoods. Thoughtfully renovated from top to bottom, this turnkey property combines modern design, quality finishes, and versatile living space-perfect for homeowners, investors, or multi-generational families.The custom kitchen showcases granite countertops and quality finishes, complemented by beautiful hardwood flooring throughout. The second floor offers three spacious bedrooms, each featuring custom-built closet organizers, along with a luxurious 5-piece bathroom.The fully self-contained basement apartment offers excellent flexibility and income potential, complete with a separate entrance, full-size kitchen and appliances, dedicated washer and dryer, and separately metered hydro.Enjoy an unbeatable location just a short walk to Toronto Subway Line 2 (Bloor-Danforth), Lansdowne Station, the UP Express and GO Transit. Explore the vibrant neighbourhood with a mix of shops, cafés, restaurants and galleries, while being close to the Museum of Contemporary Art Toronto and the green spaces of High Park. A rare opportunity to own a beautifully updated home in a highly connected and vibrant Toronto neighbourhood. Move-in ready with exceptional space flexibility and income potential.View the Matterport virtual tour and floor plan for a closer look. Some pictures virtually staged.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$1,015,200
Land Transfer Taxes$21,855
Legal Fees (Est.)
$
Total cash required for closing$277,155

Total Monthly Obligation

$5,920/mo
Mortgage $5,119
Monthly Loss $4,573
Principal$1,347
Interest$3,772
Property Tax$426
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.0%19
Cash-on-Cash
-8.4%1
5-Year IRR
9.0%29
10-Year IRR
9.7%
Returns Index
15.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$53,568/yr
NOI
$38,593/yr
Net Cash Flow
-$1,903/mo
Cash Margin
-42.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.638
LTV Ratio
80.0%18
Vacancy Buffer
1.6 mo25
Risk Index
17.0/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 274 Wallace Avenue

Time

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