351 Wallace Avenue Unit 163, Toronto W02

Price: $749,000

3 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: W13456708

Welcome to this beautifully updated spacious townhome in one of Toronto's most connected neighbourhoods. Three bedrooms, two fully renovated bathrooms, high-end finishes throughout. This one stands apart from others in the complex. The kitchen and bathrooms have been completely redone and everything is fresh and move-in ready. The primary bedroom is genuinely spacious, fits a king-sized bed with room to spare, with large closets and great storage throughout. Your front entrance opens onto a private patio surrounded by gardens, tucked into the courtyard walkway shared with just a handful of neighbouring units. It's a lovely spot, quiet and green, and BBQs are allowed. A real sense of community here without sacrificing privacy. Owned hot water heater, one owned parking space with an EV charger included. Pay-as-you-go usage through MetroEV, no monthly fees, no contract. Bike storage available. The location speaks for itself. Heart of the Junction Triangle, steps to the Rail Path, shops, restaurants, schools, parks, and dog parks. The GO Train, UP Express, and Dundas West Subway are all just around the corner. Transit options like this, in a neighbourhood like this, don't come up often.

351 Wallace Avenue Unit 163 - Condo photo 1 of 30 in Bloor West Village / Swansea, Ontario
351 Wallace Avenue Unit 163 - Condo photo 2 of 30 in Bloor West Village / Swansea, Ontario
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351 Wallace Avenue Unit 163 - Condo photo 5 of 30 in Bloor West Village / Swansea, Ontario
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351 Wallace Avenue Unit 163 - Condo photo 30 of 30 in Bloor West Village / Swansea, Ontario
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New Listing
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$749,000 - 351 Wallace Avenue Unit 163, Bloor West Village

Condo for Sale in Bloor West Village

New — Listed yesterday
3Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
W13456708
Property Type
Condo
Status
active
Days on Site
1
Bedrooms
3
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Bloor West Village / Swansea
Locker
None
Exposure
North South
Balcony
Terrace
Listing Brokerage
ROYAL LEPAGE SIGNATURE REALTY
Description

Welcome to this beautifully updated spacious townhome in one of Toronto's most connected neighbourhoods. Three bedrooms, two fully renovated bathrooms, high-end finishes throughout. This one stands apart from others in the complex. The kitchen and bathrooms have been completely redone and everything is fresh and move-in ready. The primary bedroom is genuinely spacious, fits a king-sized bed with room to spare, with large closets and great storage throughout. Your front entrance opens onto a private patio surrounded by gardens, tucked into the courtyard walkway shared with just a handful of neighbouring units. It's a lovely spot, quiet and green, and BBQs are allowed. A real sense of community here without sacrificing privacy. Owned hot water heater, one owned parking space with an EV charger included. Pay-as-you-go usage through MetroEV, no monthly fees, no contract. Bike storage available. The location speaks for itself. Heart of the Junction Triangle, steps to the Rail Path, shops, restaurants, schools, parks, and dog parks. The GO Train, UP Express, and Dundas West Subway are all just around the corner. Transit options like this, in a neighbourhood like this, don't come up often.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,842.76/mo

Includes CMHC insurance ($20,897)

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5-yr fixed avg.

Principal: $674,100Interest: $457,830
Mortgage Amount$694,997
Total Interest$457,830
Est. Property Tax$531/mo
Total Cost$1,152,827

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

351 Wallace Avenue Unit 163, Bloor West Village / Swansea

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,760/mo
Range: $2,346 - $3,174
Cap Rate (ROI)
2.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$650
Property Tax (est.)-$531
Insurance (est.)-$156
Net Cash Flow+$1,423

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 $749/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.

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.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

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 $3,121 (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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    351 Wallace Avenue Unit 163 | $749,000 | Battaglia Team