502 Salem Avenue N, Toronto, ON M6H 3E1

$1,390,000
4
BD
3
BA
1,500
SqFt

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List Price
$1,390,000
MLS#
W13477728
Status
ACTIVE UNDER CONTRACT
Type
Single Family Residential
SubType
Detached
Style
2-Storey
Bedrooms
4
Bathrooms
3
Living Area
1500-2000
Province
ON
Municipality
Toronto
Area
Toronto
Neighborhood
Dovercourt-Wallace Emerson-Junction
Subdivision
Davenport & Dovercourt

Property 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.

Additional Information

Taxes
$5,639
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Kitchens
3
Exterior
Brick, Stone
Garage Spaces
3
Garage Type
Detached
Pool
None
Parking Spaces
10
Parking Type
Private, Lane

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Listing courtesy of RIGHT AT HOME REALTY.