507 Salem Avenue N

Welcome to the exceptional house for sale in Toronto , located at 507 Salem Avenue N, Toronto. This fully detached 3-bedroom, 3-bathroom residence is nestled in the highly sought-after Dovercourt-Wallace Emerson-Junction community, a vibrant area known for its rich character and charm. This home has been lovingly maintained by the same family for over a century, showcasing a blend of original features and modern conveniences that make it truly special.

As you step into this delightful house for sale in Toronto, you will immediately appreciate the meticulous upkeep that has gone into preserving its inviting atmosphere. The property boasts a generous living space, perfect for growing families, with a total of six rooms, including a main kitchen and an additional kitchen in the finished basement. The finished basement is particularly noteworthy, featuring a separate entrance, a full bathroom, a cantina, and laundry facilities. This space is ideal for extended family living or could even serve as a source of potential rental income, making this house for sale in Toronto a wise investment.

The exterior of the property is a charming combination of aluminium siding and brick, contributing to its classic appeal. The house stands on a lot measuring 20 x 126 feet, providing ample outdoor space for various activities. While there is no pool on the premises, the laneway offers exciting possibilities for future development. Currently, there is a detached garage that accommodates one vehicle, but there is potential to expand this to a two-car garage or even construct a two-storey laneway house, with a laneway house report available for interested buyers.

Located at 507 Salem Avenue N, Toronto, this house for sale in Toronto is just steps away from the trendy Geary Avenue, where you can indulge in an array of delightful bakeries, charming coffee shops, independent breweries, and fantastic eateries. The neighbourhood is perfect for those who appreciate a vibrant community atmosphere. Families will be pleased to find excellent schools nearby, as well as Earlscourt Park, Dovercourt Park, and several smaller green spaces, all within walking distance. The brand-new Wallace Emerson Community Centre, boasting over 80,000 square feet of recreational space, is also conveniently located at Dupont and Dufferin, further enhancing the appeal of this location.

For those who rely on public transport, this house for sale in Toronto offers easy access to the Bloor subway line, making commuting to downtown Toronto a breeze. The community is well-connected, ensuring that residents can enjoy the best that the city has to offer while returning to the comfort of their home.

The interior of the house features three well-appointed bedrooms and three bathrooms, ensuring ample space for family living. The absence of a family room may be noted, but the generous living area compensates for this, providing a warm and welcoming environment for gatherings and everyday life. The central air conditioning system ensures comfort during the warmer months, while the forced air heating keeps the home cosy in winter.

This unfurnished property allows new owners the freedom to personalise the space according to their tastes and preferences. With no additional land included, the focus remains on the beautifully maintained house itself, offering a perfect canvas for your vision.

In summary, this house for sale in Toronto at 507 Salem Avenue N, Toronto, is a remarkable opportunity for anyone looking to settle in the vibrant Dovercourt-Wallace Emerson-Junction community. With its blend of character, modern amenities, and prime location, this home is sure to attract interest from discerning buyers. Don't miss your chance to make this charming residence your own.

Dovercourt-Wallace Emerson-Junction is a vibrant and diverse neighbourhood in Toronto, characterised by its rich cultural tapestry and an eclectic mix of residential architecture. Nestled between the bustling streets of Dovercourt Road and the historic Junction area, this community boasts a variety of local shops, cafes, and restaurants that reflect its multicultural essence. The area is well-served by public transport, making it easy to access downtown Toronto and beyond. With an array of parks and green spaces, such as the popular Wallace Emerson Park, residents can enjoy outdoor activities and community events throughout the year. The neighbourhood's friendly atmosphere, combined with its artistic flair and strong sense of local identity, makes it an appealing choice for those seeking a dynamic urban lifestyle.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an excellent choice for families. Within a short distance of just 0.3 km, you will find Regal Road Junior Public School, a public elementary school offering grades JK to 6, rated 6.1. Also nearby is St. Mary of the Angels Catholic School, another elementary option with a higher rating of 7.7, catering to grades JK to 8. For older students, Loretto College School, a Catholic high school for grades 9 to 12, is only 0.6 km away and has a rating of 6. Additionally, Rawlinson Community School offers a French language curriculum for grades JK to 8, located 1.2 km from the property, though it has a lower rating of 5.1. Other options include ALPHA II Alternative School for grades 7 to 12, and St. Alphonsus Catholic School for younger students, both within a reasonable distance. With a mix of public and Catholic schools, as well as various language offerings, this area provides ample educational opportunities for children of all ages.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 387 residents, with an average household size of 2.4 people. The demographic profile reveals an average age of 43.1 years and a robust average household income of $110,000. Notably, 11.2% of the population falls under the low-income category, indicating a relatively affluent community. The average property price in the area is $1,120,000, reflecting the desirability of the location. The population is diverse, with 37.08% being immigrants, and a significant portion, 42.65%, identifying as single. Families are also present, with 33.33% of households having children. Renters make up 36.36% of the housing situation, while there are no condominiums reported in the area. Education levels are high, with 52% of residents holding a college or university degree. However, it is noteworthy that 40% of the population is not in the labor force, which may impact the local economy. Overall, this community offers a blend of demographics that supports a vibrant and educated population, making it an appealing area for potential homebuyers and investors.