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For saleMLS® W14120630

48 Wallace Avenue, Toronto, ON M6H 1T5

Dovercourt-Wallace Emerson-Junction · W02 · M6H 1T5

$1,999,999

$1,000 / sq ft

1 weeks on market

Bedrooms
4+2
Bathrooms
3
Interior
2,000 sf
Parking
2
Lot
30 × 124 ft

What's special

  • Detached garage
  • Central air
  • Basement apartment
  • Fireplace
  • Carpet free
  • In-law capability
  • Primary bedroom - main floor

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About this property

Renovated From Top To Bottom! Detached Triplex In The Sought-After Wallace Emerson Community Featuring Three Spacious, Self-Contained Two-Bedroom Units, Each With A Gorgeous Kitchen And Open Concept Living And Dining Rooms. Situated On A Generous Lot With A Beautiful Backyard, XL Two-Car Garage And Approved Laneway Suite. Shared Coin Laundry. An Excellent Investment Opportunity Or Ideal To Live In One Unit And Rent The Others! Main And Second-Floor Units Occupied By Excellent Tenants. Newly Updated And Refreshed Lower-Level Unit Is Vacant And Ready For A New Tenant Or Owner-Occupant!

Rooms

17 rooms. Dimensions as published by the listing brokerage.

Room dimensions and features
RoomLevelDimensionsFeatures
Primary BedroomMain4.72 × 4.11 m15.5 × 13.5 ftCarpet Free · Large Window · B/I Closet
BedroomMain4.39 × 3.30 m14.4 × 10.8 ft—
KitchenMain4.32 × 3.20 m14.2 × 10.5 ft—
Dining RoomMain2.62 × 2.41 m8.6 × 7.9 ft—
Living RoomMain3.96 × 3.71 m13.0 × 12.2 ftOverlooks Backyard
Primary BedroomSecond4.22 × 4.11 m13.8 × 13.5 ft—
BedroomSecond4.19 × 3.61 m13.7 × 11.8 ft—
KitchenSecond4.27 × 2.92 m14.0 × 9.6 ft—
Dining RoomSecond2.90 × 2.29 m9.5 × 7.5 ft—
Living RoomSecond4.32 × 3.63 m14.2 × 11.9 ft—
Primary BedroomLower3.99 × 3.33 m13.1 × 10.9 ft—
BedroomLower3.99 × 3.00 m13.1 × 9.8 ft—
KitchenLower4.37 × 2.39 m14.3 × 7.8 ft—
Dining RoomLower2.01 × 1.88 m6.6 × 6.2 ft—
Living RoomLower3.40 × 3.23 m11.2 × 10.6 ft—
LaundryLower2.46 × 1.83 m8.1 × 6.0 ft—
Utility RoomLower2.59 × 1.98 m8.5 × 6.5 ft—

Features

  • Carpet Free
  • In-Law Capability
  • Primary Bedroom - Main Floor

Property details

Property

Property type
multiplex
Bedrooms
4 + 2
Bathrooms
3
Interior size
2,000 sq ft
Lot size
30 × 124 ft
Possession
Flexible

Interior

Basement
Apartment
Heating
Forced Air · Gas
Cooling
Central Air
Fireplaces
1
Exposure
North

Exterior & services

Construction
Brick
Garage
Detached
Parking spaces
2
Sewer
Sewer

Costs

List price
$1,999,999
Property taxes
$9,170 / year (2025)
Price per sq ft
$1,000
Rental items
Hot Water Tank

Listing

MLS® number
W14120630
Status
For sale
Listed
October 27, 2026
Days on market
9
Last updated
November 4, 2026
Listing brokerage
RIGHT AT HOME REALTY

Price & sale history

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced above most comparable listings — about 75% of comparable multiplex listings in Dovercourt-Wallace Emerson-Junction are asking less.

$1.10MMedian $1.35M$2.38M
This home
$1,000 / sq ft
Comparable median
$1,000 / sq ft

Based on 12 comparable active multiplex listings in Dovercourt-Wallace Emerson-Junction. These are asking prices, not sale prices.

Mortgage estimate

Down payment20.0% · minimum $400,000
$400,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$8,846.67
Property tax (est.)
$764.17
Estimated monthly
$9,611

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$36,475
Toronto municipal
$36,475
Total due on closing
$72,950

An estimate on the asking price of $1,999,999. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of RIGHT AT HOME REALTY. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$1,999,999

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