<-- style PDP --> 515 Salem Avenue, Toronto - Detached for sale for $1,149,000
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515 Salem Avenue

Toronto, Ontario, M6H 3C9 - Dovercourt-Wallace Emerson-Junction

$1,149,000

  • Neighbourhood

    Dovercourt-Wallace Emerson-Junction

  • Major Intersection

    Dovercourt & Davenport

  • Listed Since: 34 day(s)

  • Last update: today

Overview

  • Property Type

    Detached, 2-Storey

  • Bedrooms

    3 + 2

  • Bathrooms

    3

  • Basement

    Finished + Sep Entrance

  • Kitchen

    1 + 1

  • Total Parking

    2 Detached Garage

  • Lot Size

    20.92x126 (Feet)

  • Taxes

    $5,386.12 (2024)

  • Type

    Freehold

Property Description

Property description for 515 Salem Avenue, Toronto

Come take a look at this fantastic property! A perfect chance to get into the Toronto investment market. Both units are spacious, providing immediate cash flow from day one. Looking for future upside? A laneway report is available, showing the potential to add a laneway house and further increase rental income. Located in a prime area, walk to the St. Clair streetcar, Bloor subway line, and the exciting Galleria redevelopment. Whether you're an investor looking for turnkey rental income or planning to maximize future potential, this property checks all the boxes. Don't miss on this opportunity!

Listed by ELEVATE REALTY INC.

  • MLS #

    W12350768

  • Sq. Ft

    1100-1500

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    n/a

  • Year Built

    Available Upon Request

  • Pool

    None

  • Drive

    Lane

  • Garage

    Detached, 2 spaces

  • Total Parking

    2

  • Family Room

    N

  • Den

    N

  • Exterior

    Brick

  • Fireplace

    N

  • Roof

    Shingles

  • 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

    3.8 x 30.0 ft Main level

  • Dining

    3.1 x 3.05 ft Main level

  • Kitchen

    5.2 x 3.17 ft Main level

  • Primary

    4.1 x 3.2 ft 2nd level

  • 2nd Br

    3.6 x 3.15 ft 2nd level

  • 3rd Br

    3.1 x 3.05 ft 2nd level

  • Living

    3.96 x 3.76 ft Bsmt level

  • Kitchen

    3.96 x 3.35 ft Bsmt level

  • Br

    0.0 x 0.0 ft Bsmt level

  • Br

    0.0 x 0.0 ft Bsmt level

  • MLS #

    W12350768

  • Sq. Ft

    1100-1500

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    n/a

  • Year Built

    Available Upon Request

  • Pool

    None

  • Drive

    Lane

  • Garage

    Detached, 2 spaces

  • Total Parking

    2

  • Family Room

    N

  • Den

    N

  • Exterior

    Brick

  • Fireplace

    N

  • Roof

    Shingles

  • 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

    3.8 x 30.0 ft Main level

  • Dining

    3.1 x 3.05 ft Main level

  • Kitchen

    5.2 x 3.17 ft Main level

  • Primary

    4.1 x 3.2 ft 2nd level

  • 2nd Br

    3.6 x 3.15 ft 2nd level

  • 3rd Br

    3.1 x 3.05 ft 2nd level

  • Living

    3.96 x 3.76 ft Bsmt level

  • Kitchen

    3.96 x 3.35 ft Bsmt level

  • Br

    0.0 x 0.0 ft Bsmt level

  • Br

    0.0 x 0.0 ft Bsmt level

Thinking of Selling?

Find Out Your Home’s Value in Today’s Market!

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estimate your home value

Contact Manoj Kukreja

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

Manoj profile avatar

Property History

Property history for 515 Salem Avenue, Toronto

This property has been sold 4 times before. Create your free account to explore sold prices, detailed property history, and more insider data.

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Inventory Graph

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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

Down Payment(%)*

* 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.

Thinking of Selling?

Find Out Your Home’s Value in Today’s Market!

No Email or Signup is required to view your home estimate.

estimate your home value

Contact Manoj Kukreja

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

Manoj profile avatar

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