275 Salem Avenue, Toronto W02

Price: $1,000,000

6 bedrooms, 2 bathrooms

1,500 - 1,999 sqft

Property Type: Semi-Detached

MLS#: W13046226

2 Car garage at back. right of way shared by 3 properties. 2nd floor tenanted, please do not disturb tenants. showing for ground floor, 3rd floor and basement which is vacant for now. Property sold in "as is" condition. Buyer take over 2 tenants on 2nd floor. no lease agreement. Room 2A from July 2022, $630 per month, Room 2B from July 2024 $610 per month.

275 Salem Avenue - Semi-Detached photo 1 of 11 in Bloor West Village / Swansea, Ontario
275 Salem Avenue - Semi-Detached photo 2 of 11 in Bloor West Village / Swansea, Ontario
275 Salem Avenue - Semi-Detached photo 3 of 11 in Bloor West Village / Swansea, Ontario
275 Salem Avenue - Semi-Detached photo 4 of 11 in Bloor West Village / Swansea, Ontario
275 Salem Avenue - Semi-Detached photo 5 of 11 in Bloor West Village / Swansea, Ontario
275 Salem Avenue - Semi-Detached photo 6 of 11 in Bloor West Village / Swansea, Ontario
275 Salem Avenue - Semi-Detached photo 7 of 11 in Bloor West Village / Swansea, Ontario
275 Salem Avenue - Semi-Detached photo 8 of 11 in Bloor West Village / Swansea, Ontario
275 Salem Avenue - Semi-Detached photo 9 of 11 in Bloor West Village / Swansea, Ontario
275 Salem Avenue - Semi-Detached photo 10 of 11 in Bloor West Village / Swansea, Ontario
275 Salem Avenue - Semi-Detached photo 11 of 11 in Bloor West Village / Swansea, Ontario
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$1,000,000 - 275 Salem Avenue, Bloor West Village

Semi-Detached for Sale in Bloor West Village

46 days on market
6Beds
2Baths
1,500 - 1,999Sq Ft
Semi-Detached
Property Details
MLS Number
W13046226
Property Type
Semi-Detached
Status
active
Days on Site
46
Bedrooms
6
Bathrooms
2
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Bloor West Village / Swansea
Listing Brokerage
ESTAR REAL ESTATE CORPORATION
Description

2 Car garage at back. right of way shared by 3 properties. 2nd floor tenanted, please do not disturb tenants. showing for ground floor, 3rd floor and basement which is vacant for now. Property sold in "as is" condition. Buyer take over 2 tenants on 2nd floor. no lease agreement. Room 2A from July 2022, $630 per month, Room 2B from July 2024 $610 per month.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,423.34/mo

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5-yr fixed avg.

Principal: $800,000Interest: $527,001
Mortgage Amount$800,000
Total Interest$527,001
Est. Property Tax$708/mo
Total Cost$1,327,001

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

275 Salem Avenue, Bloor West Village / Swansea

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,000/mo
Range: $3,400 - $4,600
Cap Rate (ROI)
3.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$4,000
Maintenance Fees-$0
Property Tax (est.)-$708
Insurance (est.)-$208
Net Cash Flow+$3,084

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

Competitive Pricing

At $667/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Negotiation Opportunity

At 46 days on site, this property has exceeded the typical selling timeline for Bloor West Village. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

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.

Excellent Flexibility

With 6 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Bloor West Village.

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 $4,167 (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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    275 Salem Avenue, Bloor West… — $1,000,000 | Battaglia Team