21 Wallace Avenue, Toronto W02

Price: $1,395,000

3 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: W13433754

A special property in a high demand neighbourhood. This bright and sunny corner property has tremendous outdoor space, 2 upper terraces, a covered front porch, a front yard, a back yard and a side yard. There is also a 3rd parking spot, courtesy of the city. A true landscaper's dream!! The house has been totally renovated over the years, both mechanically and aesthetically. New hardwood floors, kitchen, plumbing and electrical. All fencing done by permit. All the windows are updated, 3 sets of double doors. Basement has a walkout and could easily be an in-law suite. High efficient furnace, newer water tank. Speakers have been wired in the basement and main floor. Second floor skylight, spa tub , Infra-red sauna etc. Pretty special place!

21 Wallace Avenue - Detached photo 1 of 40 in Bloor West Village / Swansea, Ontario
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New Listing
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$1,395,000 - 21 Wallace Avenue, Bloor West Village

Detached for Sale in Bloor West Village

New — Listed 2 days ago
3Beds
2Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
W13433754
Property Type
Detached
Status
active
Days on Site
2
Bedrooms
3
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Bloor West Village / Swansea
Listing Brokerage
SUTTON GROUP-ADMIRAL REALTY INC.
Description

A special property in a high demand neighbourhood. This bright and sunny corner property has tremendous outdoor space, 2 upper terraces, a covered front porch, a front yard, a back yard and a side yard. There is also a 3rd parking spot, courtesy of the city. A true landscaper's dream!! The house has been totally renovated over the years, both mechanically and aesthetically. New hardwood floors, kitchen, plumbing and electrical. All fencing done by permit. All the windows are updated, 3 sets of double doors. Basement has a walkout and could easily be an in-law suite. High efficient furnace, newer water tank. Speakers have been wired in the basement and main floor. Second floor skylight, spa tub , Infra-red sauna etc. Pretty special place!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$6,170.56/mo

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5-yr fixed avg.

Principal: $1,116,000Interest: $735,167
Mortgage Amount$1,116,000
Total Interest$735,167
Est. Property Tax$988/mo
Total Cost$1,851,167

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Bloor West Village / Swansea

Discover Bloor West Village / Swansea

Bloor West Village / Swansea is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Bloor West Village / Swansea

  • Convenient location in Bloor West Village / Swansea
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Bloor West Village / Swansea offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

21 Wallace Avenue, Bloor West Village / Swansea

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
1.3%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$988
Insurance (est.)-$291
Net Cash Flow+$1,521

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Premium Pricing

At $1268/sqft, this property is priced above the Bloor West Village average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Just Listed - Act Strategically

This property hit the market within the last week. In Bloor West Village's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Detached Home Advantages

Detached homes in Bloor West Village are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

Investment Perspective

Looking at this as an investment: Bloor West Village properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $5,813 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    21 Wallace Avenue, Bloor West… — $1,395,000 | Battaglia Team