
Toronto
Detached in Toronto
$1,390,000
502 SALEM AVENUE N, Toronto, M6H3E1
MLS Number: W13477728
Beds
4
Baths
3
Listing
For Sale
Type
Detached
Square Feet
1,500 - 2,000
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.
Location
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502 SALEM AVENUE N, Toronto, M6H3E1
Nearby Schools
Schools near 502 SALEM AVENUE N
Distances are measured in a straight line from this property.
St Mary of the Angels Catholic School
Elementary school · Grades JK-8
Toronto CDSB
1477 Dufferin St, Toronto, Ontario, M6H4C7
Regal Road Junior Public School
Elementary school · Grades JK-6
Toronto DSB
95 Regal Rd, Toronto, Ontario, M6H2J6
Loretto College School
Secondary school · Grades 9-12
Toronto CDSB
151 Rosemount Ave, Toronto, Ontario, M6H2N1
Oakwood Collegiate Institute
Secondary school · Grades 9-12
Toronto DSB
991 St Clair Ave W, Toronto, Ontario, M6E1A3
Dovercourt Public School
Elementary school · Grades JK-8
Toronto DSB
228 Bartlett Ave, Toronto, Ontario, M6H3G4
Winona Drive Senior Public School
Elementary school · Grades 7-8
Toronto DSB
101 Winona Dr, Toronto, Ontario, M6G3S8
McMurrich Junior Public School
Elementary school · Grades JK-6
Toronto DSB
115 Winona Dr, Toronto, Ontario, M6G3S8
St Bruno/St. Raymond Catholic School
Elementary school · Grades JK-8
Toronto CDSB
402 Melita Cres, Toronto, Ontario, M6G3X6
Proximity does not guarantee enrollment eligibility. Verify attendance boundaries and admission requirements with the relevant school board before making a decision.
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Down Payment
$278,000
Mortgage Amount
$1,112,000
Principal + Interest
$6,430 / mo
5-Year Term Payments
$385,774
Estimated Monthly Carrying Cost
$7,080
Includes principal, interest, property tax, condo fees, and heating estimates.
This is a planning estimate only. It excludes mortgage insurance, lender qualification rules, legal fees, insurance, utilities beyond heating, and other closing or ownership costs.
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