515 Salem Avenue

Toronto, ON M6H 3C9 ( Dovercourt-Wallace Emerson-Junction)

Quick Facts

Type: Detached

Style: 2-Storey

Size: Sq Ft

Age: Years

Taxes: $ 5,678 ( 2025)

Updated: 2025-12-04 17:02:16

Description

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. Basement is now Vacant. 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!

Extras

Detached

Property

Status: For Sale

MLS #: W12591966

Price: $ 1,138,000

Address: 515 Salem Avenue

Type:

Style: 2-Storey

Size: Sq Ft

Age: Years

Front On:

Taxes: $ 5,678

Tax Year: 2025

Lot Size:

Neighbourhood: Dovercourt-Wallace Emerson-Junction

Nearest Intersection: Dovercourt & Davenport Rd

City: Toronto

Postal Code: M6H 3C9

DOM: 105 Days

Last Update: 2025-12-04 17:02:16

 

Building

Interior

Bedrooms: 5

Bathrooms: 3

Rooms: 9

Kitchens: 2

Family Room:

Fireplace:

Basement: Finished Separate Entrance,

Central Vacuum:

 

Exterior

Exterior: Brick Stone,

Driveway:

Garage: Lane

Garage Spaces:

Parking Spaces: 2.00

Pool:

 

Utilities

Electricity (Hydro):

Gas:

Phone:

Cable TV:

Heat Type: Forced Air

Heat Source: Gas

Air Conditioning: Central Air

Water:

Sewers:

 

Features

 

Rooms