Gurvinder Nokwal REALTOR®
For Sale Detached 117 days on market

$1,390,000

Est. payment $6,155/moCalculate yours

502 Salem Avenue N, Toronto, ON M6H 3E1

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

  • 3 + 1 Beds
  • 3 Baths
  • 3 Garage
  • 1,500 Sq Ft

Listing courtesy of RIGHT AT HOME REALTY MLS® W13477728

About this home

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.

Property details

Overview

Property Type
Detached
Style
2-Storey
For
For Sale
Status
Sold Conditional
Size
1,500 sqft

Interior

Bedrooms
3 + 1
Bathrooms
3
Kitchens
3
Basement
Separate Entrance

Building & Systems

Heating
Forced Air (Gas)
Cooling
Central Air
Exterior
Brick, Stone
Foundation
Concrete
Roof
Shingles, Flat
Water
Municipal
Sewer
Sewer

Lot & Parking

Lot Size
25 x 120 Feet
Parking
Detached garage · 10 total
Zoning
R(d0.6*739)

Financial

Property Taxes
$5,640 (2026)

Location

Neighbourhood
Dovercourt-Wallace Emerson-Junction
Cross Street
Davenport & Dovercourt
Direction Faces
West

Listing

MLS® Number
W13477728
Days on Market
117
Listed On
2026-06-23
Possession
See Schedule C
Listed By
RIGHT AT HOME REALTY

Rooms

Room Level Dimensions
Kitchen Basement 12′ 10″ × 9′ 2″
Kitchen Main 11′ 10″ × 7′ 7″
Bedroom 3 Main 11′ 6″ × 10′ 10″
Den Main 8′ 6″ × 8′ 2″
Bedroom 4 Basement 12′ 6″ × 8′ 10″
Primary Bedroom Second 13′ 5″ × 11′ 10″
Kitchen Second 11′ 2″ × 7′ 10″
Living Room Basement 9′ 10″ × 9′ 2″
Living Room Main 14′ 9″ × 9′ 2″
Bedroom 2 Second 13′ 1″ × 10′ 6″
Den Second 9′ 2″ × 8′ 10″

Features

Interior

  • None

Pool

  • None
Included
Main: gas range and fridge. Second: gas range, fridge and bar fridge. All existing electrical light fixtures. All existing window coverings. Hardwood strip flooring under some carpet. Updated breaker panel, wiring, receptacles and switches. All in as-is condition.
Excluded
None.
Rental items
Hot Water Tank (2009)

Mortgage calculator

Minimum for this price: $114,000 (8.2%)

Amortization, years

Estimated mortgage payment

$6,155 per month

Principal and interest
$6,155
Property tax
$470
Estimated monthly cost
$6,625

Your mortgage

Mortgage amount
$1,112,000
Mortgage insurance
Not needed
Interest over 25 years
$734,386

Cash to close

Down payment
$278,000
Land transfer tax (Ontario + Toronto)
$48,550
Total, before legal fees
$326,550
Talk to me about financing

Estimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.

Location

502 Salem Avenue N, Toronto, ON M6H 3E1 Dovercourt-Wallace Emerson-Junction, Toronto, ON M6H 3E1
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$1,390,000 502 Salem Avenue N, Toronto, ON M6H 3E1
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