Detached House for sale at 502 Salem Avenue, Toronto, Ontario, M6H 3E1 - Dovercourt-Wallace Emerson-Junction - MLS: W13477728

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502 Salem Avenue

Toronto, Ontario, M6H 3E1 - Dovercourt-Wallace Emerson-Junction

$1,390,000

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Neighbourhood

Dovercourt-Wallace Emerson-Junction
Major Intersection

Davenport & Dovercourt

Listed Since: 61 day(s)
Last update: today

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Overview

Property Type

Detached, 2-Storey
Bedrooms

3 + 1
Bathrooms

3
Basement

Sep Entrance
Kitchen

2 + 1
Total Parking

10 (3 Detached Garage)
Lot Size

25x120 (Feet)
Taxes

$5,639.74 (2026)
Type

Freehold

Property Description

Property description for 502 Salem Avenue, Toronto

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.

Listed by RIGHT AT HOME REALTY

Property details

MLS #

W13477728
Sq. Ft

1500-2000
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

Available Upon Request
Pool

None
Drive

Private, Lane
Garage

Detached, 3 spaces
Total Parking

10
Family Room

N
Den

N
Exterior

Brick
Fireplace

N
Roof

Shingles, Flat
Foundation

Concrete
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

Forced Air
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

MLS #

W13477728
Sq. Ft

1500-2000
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

Available Upon Request
Pool

None
Drive

Private, Lane
Garage

Detached, 3 spaces
Total Parking

10
Family Room

N
Den

N
Exterior

Brick
Fireplace

N
Roof

Shingles, Flat
Foundation

Concrete
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

Forced Air
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

Living

4.5 x 2.8 ft Main level

hardwood floor, Ceiling Fan
Kitchen

3.6 x 2.3 ft Main level

Vinyl Floor
3rd Br

3.5 x 3.3 ft Main level

Vinyl Floor
Den

2.6 x 2.5 ft Main level

Vinyl Floor, Side Door, W/O To Deck
Primary

4.1 x 3.6 ft 2nd level

Vinyl Floor, Ceiling Fan, W/O To Balcony
2nd Br

4.0 x 3.2 ft 2nd level

Vinyl Floor, Ceiling Fan
Kitchen

3.4 x 2.4 ft 2nd level

Vinyl Floor
Den

2.8 x 2.7 ft 2nd level

Vinyl Floor, Side Door
4th Br

3.8 x 2.7 ft Bsmt level

Vinyl Floor
Kitchen

3.9 x 2.8 ft Bsmt level

Vinyl Floor, Combined W/Living, Side Door
Living

3.0 x 2.8 ft Bsmt level

Vinyl Floor, Combined W/Kitchen, Side Door

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Local Real Estate Price Trends for Detached in Dovercourt-Wallace Emerson-Junction

Active listings

Average Selling Price of a Detached

July 2026

$1,212,438

Last 3 Months

$1,310,095

Last 12 Months

$1,388,537

July 2025

$1,642,060

Last 3 Months LY

$1,620,798

Last 12 Months LY

$1,656,061

Change

-26%

Change

-19%

Change

-16%

Historical Average Selling Price of a Detached in Dovercourt-Wallace Emerson-Junction

Average Selling Price

3 years ago

$1,350,803

Average Selling Price

5 years ago

$1,479,100

Average Selling Price

10 years ago

$988,545

Change

-10%

Change

-18%

Change

23%

How many days Detached takes to sell (DOM)

July 2026

Last 3 Months

Last 12 Months

July 2025

Last 3 Months LY

Last 12 Months LY

Change

-60%

Change

-33%

Change

-19%

Average Selling price

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First time home buyer

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Down Payment(%)*

Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.