402 Salem Ave
Dovercourt-Wallace Emerson-Junction, Toronto, Ontario M6H 3E1
- Bedrooms
- 3
- Bathrooms
- 4
- Size
- 3,500–5,000sq ft
- Per sq ft
- $1,176at the range’s middle
- Lot
- 45.06 x 134 ft
- Tax a year
- $13,7552025 tax year
- Built
- 0-5
- Parking
- 42 built-in
- Days on market
- Members
The brief
About 402 Salem Ave
402 Salem Ave is a 3-bedroom, 4-bathroom detached house in Dovercourt-Wallace Emerson-Junction, Toronto, listed for sale at an asking price of $4,999,000 (MLS® W14168190).
402 Salem Avenue North | A Singular Expression of Art, Architecture & Design More than a home, a living work of art. Conceived and realized by the acclaimed interior design firm Cecconi Simone, 402 Salem Avenue North offers an extraordinary opportunity to own a truly singular piece of Canadian design.Completed in 2023, this remarkable architectural transformation reimagines a former industrial building as a sophisticated, three-level urban sanctuary where sculptural form, exceptional craftsmanship and uncompromising attention to detail converge.Floating architectural steel staircases, industrial fluted-glass doors, expansive windows and bespoke EuroWood millwork establish a striking aesthetic. An elevator connects all three levels, effortlessly marrying design with everyday luxury.The spectacular second-floor living space celebrates the art of entertaining, with dedicated areas to live, listen, cook and dine. A showpiece chef's kitchen features Italian appliances, invisible induction cooking, exquisite Japanese tilework and an oversized island. Three beautifully appointed bedrooms include a serene ground-floor primary retreat opening to a private courtyard, complete with an indulgent spa-inspired ensuite and dressing room.Crowning the residence, an exceptional south-facing rooftop terrace overlooks neighbouring Bartlett Parkette, featuring a gas fire bowl and fully equipped entertaining servery. Mature parkland maples provide an ever-changing natural backdrop, creating a rare connection between architecture and nature.A two-car garage with EV charging, integrated audio, smart-home technology and custom lighting complete this extraordinary offering.Steps to the celebrated Geary Avenue arts and culinary district, yet wonderfully private and peaceful.An irreplaceable residence. An inspired vision. An opportunity to live within a work of art.
Insights
Condition Score
Good68/1006 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall5/100−$20,978/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 20 homes with 3 bedrooms for lease in Dovercourt-Wallace Emerson-Junction right now. Cost of owning counts the mortgage and property tax.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $13,755 / 2025
- MLS® number
- W14168190
- Board
- TRREB MLS®
- Property Type
- Detached
- Building Age
- 0-5
- Days on market
- Size
- 3500-5000 sqft
- Lot Size
- 45.06 x 134 ft
- Listed on
- Parking
- 2 Built-In, 4 Parking
Property details
Property
- Property Type
- Detached
- Style
- 3-Storey
- Community
- Dovercourt-Wallace Emerson-Junction
- Municipality
- Toronto
Building
- Size
- 3500-5000 sqft
- Building Age
- 0-5
- Construction
- Concrete
Inside
- Bedrooms
- 3
- Bathrooms
- 4
- Bathroom Details
- 1 × 5pc Ground, 1 × 3pc 2nd, 1 × 2pc 2nd, 1 × 2pc 3rd
- Basement Type
- None
- Kitchens
- 1
Parking
- Driveway
- Private
- Garage Type
- Built-In
- Garage
- 2
- Additional Parking
- 2
- Total Parking
- 4
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 45.06 ft
- Depth
- 134 ft
- Lot Size
- 45.06 x 134 ft
Additional
- Foundation
- Concrete, Concrete Block
- Roof
- Membrane
- Fireplace
- No
- Pool
- None
- Den
- No
- Family room
- No
- Extras
- All existing appliances, electric light fixtures, motorized blinds.
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Foyer | 2.35 × 2.56 m | Elevator, Access To Garage, Concrete Floor | Main |
| Primary | 3.32 × 4.88 m | 5 Pc Bath, W/I Closet, Walk-Out | Main |
| Laundry | 3.11 × 2.74 m | B/I Closet, Concrete Floor, Laundry Sink | Main |
| Living | 3.96 × 9.6 m | Combined W/Dining, Open Concept, B/I Shelves | 2nd |
| Dining | 4.57 × 5.4 m | Combined W/Living, Open Concept, B/I Bar | 2nd |
| Kitchen | 3.66 × 9.6 m | B/I Appliances, Custom Backsplash, O/Looks Park | 2nd |
| 2nd Br | 2.92 × 3.48 m | W/I Closet, Concrete Floor, Ensuite Bath | 2nd |
| 3rd Br | 2.92 × 3.48 m | W/I Closet, Concrete Floor, Ensuite Bath | 2nd |
| Den | 2.35 × 5.85 m | W/O To Roof, Elevator, B/I Appliances | 3rd |
| Utility | 2.1 × 3.6 m | 2 Pc Bath, Concrete Floor | 3rd |
Listing history
Buy/sell history for 402 Salem Ave, Toronto, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $4,999,000 | N/A | For Sale | W14168190 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $999,800
- Total mortgage amount
- $3,999,200
- Total interest payment
- $2,842,900
- Total purchase cost
- $7,841,900
- Mortgage payment
- $22,807/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
94%Monthly carrying cost
$23,953- Rent $2,975
- Shortfall $20,978
Rental income opens at $2,975, the median asking rent of 20 comparable homes for lease in Dovercourt-Wallace Emerson-Junction. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $111,450
- Toronto municipal land transfer tax
- $141,430
- Total land transfer tax
- $252,880
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $244,405
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $2,000,000
- $32,000
- 2.5% from $2,000,000 to $4,999,000
- $74,975
- Ontario total
- $111,450
Toronto’s municipal tax has its own higher brackets at this price, so it adds $141,430.
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Yossi Kaplan, MBA, Salesperson for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Lot
- Street frontage
- 45.06 ft13.7 m
- Depth
- 134 ft40.8 m
The record marks this lot irregular, so its area is not the frontage multiplied by the depth. It is not given here. Confirm with a survey before you buy.
Source: the MLS® listing record, measured by MPAC.
Heritage and ravine protection
- Not found on the Heritage Register
- Not in a mapped Heritage Conservation District
- Not in the mapped ravine protection area
What this means: None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check before you plan work.
City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.
Zoning
Zone
R (d0.6) (x739)By-law
569-2013Municipality
Toronto1 d0.6
Density: floor area is capped at 0.6 times the lot area.
2 x739
Site-specific exception 739: this site has rules of its own, written in the by-law.
3 Where this is written
Chapter 10, section 10.10 of By-law 569-2013 · Exception 900.2.10(739)
4 What that means in practice
These are the zone’s rules, not permission for this lot. What can be built also depends on the exceptions, overlays and setbacks that apply here. Confirm with the City before you plan.
City of Toronto Zoning By-law 569-2013, read at this address from the City’s zoning map. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.
Permit history
4 building permits cleared at this address in the City’s file.
Building Permit Related(MS)Closed
HVAC - To convert one storey warehouse building into a three storey detached house, interior alterations and constructing an integral garage, second and third storeys and a third floor terrace.
Issued April 29, 2022
Building Permit Related(PS)Closed
Plumbing - To convert one storey warehouse building into a three storey detached house, interior alterations and constructing an integral garage, second and third storeys and a third floor terrace.
Issued April 29, 2022
Multiple ProjectsClosed
To convert the single storey storage building into a detached house by performing interior alterations and constructing an integral garage, second and third storeys and a third floor terrace.
Issued April 29, 2022
Building Permit Related (DR)Closed
Drain - To convert one storey warehouse building into a three storey detached house, interior alterations and constructing an integral garage, second and third storeys and a third floor terrace.
Issued April 29, 2022
City of Toronto Open Data — cleared building permits, which begin in 2017. Contains information licensed under the Open Government Licence – Toronto.
Signals around this home
Changing nearby. 6 open development applications within 800 m of this home.
1423 DUFFERIN STSite planApplication Received
Proposed 9-storey (28.5 metre) apartment, containing 60 residential units with a total of 3,817 square metres of residential GFA and 122 square metres of commercial GFA.
310 m away259 GEARY AVESite planUnder Review
410 m away1260 DUFFERIN STApplicationUnder Review
Part Lot Control application
440 m away1260 DUFFERIN STOfficial plan or zoning amendmentOMB Appeal
Official Plan and Zoning By-law Amendment to increase the approved height and density onsite to accomodate additional purpose built and affordable rental dwelling units. On Block 3, Tower 3A increases by 13 storeys and Tower 3B increases by 12 storeys for a total of 48 and 37 storeys, respectively. The proposal increases Block 4, Tower 4A by 12 storeys and Tower 4B by 11 storeys for a total of 44 and 34 storeys, respectively. A total of 3,547 dwelling units across five blocks are proposed, 634 of which are already approved and under construction.
440 m away1260 DUFFERIN STPlan of subdivisionUnder Review
Draft Plan of Subdivision to support the implementation of the OPA/ZBA applications for the site:a total of ±2,846 residential units in a mix of housing forms including ±2685 residential units and 150 affordable rental units; ±27,503m2 of retail and ±1,961m2 of commercial uses
440 m away1245 DUPONT STPlan of subdivisionUnder Review
Draft Plan of Subdivision to support the implementation of the OPA/ZBA applications for the site:a total of ±2,846 residential units in a mix of housing forms including ±2685 residential units and 150 affordable rental units; ±27,503m2 of retail and ±1,961m2 of commercial uses
560 m away
City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.
The market
Detached homes for sale in Dovercourt-Wallace Emerson-Junction right now
- For sale now
- 24
- Median asking price
- $1.3M
- New in 7 days
- 4
- Price cuts
- 25%
Middle half: $1.17M to $1.57M
10 in 28 days
6 listings
This home is asking 285% above the median, higher than three quarters of them.
See all homes in Dovercourt-Wallace Emerson-JunctionAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Dufferin Station | TTC subway: Line 2 Bloor-Danforth | 1.2 km |
| Ossington Station | TTC subway: Line 2 Bloor-Danforth | 1.2 km |
| Lansdowne Station | TTC subway: Line 2 Bloor-Danforth | 1.4 km |
| Bloor GO | GO Transit train: KitchenerUP Express train | 1.9 km |
| Fairbank Station | TTC light rail: Line 5 Eglinton | 3 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit and UP Express schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| St Mary of the Angels Catholic SchoolToronto CDSB | Catholic · grades JK–8 | 350 m | 80%Grade 6 average |
| Dovercourt Public SchoolToronto DSB | Public · grades JK–8 | 400 m | 59%Grade 6 average |
| Regal Road Junior Public SchoolToronto DSB | Public · grades JK–6 · French Immersion | 500 m | 74%Grade 6 average |
| ÉÉC du Sacré-Coeur-TorontoConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–6 | 1 km | 60%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Oakwood Collegiate InstituteToronto DSB | Public · grades 9–12 · French Immersion | 900 m | 44%Grade 9 math |
| Bloor Collegiate InstituteToronto DSB | Public · grades 9–12 | 1.3 km | 69%Grade 9 math |
| St Mary Catholic AcademyToronto CDSB | Catholic · grades 9–12 | 1.5 km | 45%Grade 9 math |
| École secondaire Toronto OuestConseil scolaire Viamonde | French-language public · grades 9–12 | 2 km | 82%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
Similar Active Listings
Recently sold nearby
Sold prices in Dovercourt-Wallace Emerson-Junction are shown to signed-in members.