524 Salem Ave
Dovercourt-Wallace Emerson-Junction, Toronto, Ontario M6H 3E1
- Bedrooms
- 2+1
- Bathrooms
- 2
- Size
- 700–1,100sq ft
- Per sq ft
- $1,111at the range’s middle
- Lot
- 17.17 x 127.31 ft
- Tax a year
- $5,0522025 tax year
- Parking
- 22 detached
- Days on market
- Members
The brief
About 524 Salem Ave
524 Salem Ave is a 2+1-bedroom, 2-bathroom detached house in Dovercourt-Wallace Emerson-Junction, Toronto, listed for sale at an asking price of $999,900 (MLS® W13048074).
Welcome to 524 Salem Ave is a rare opportunity to own a charming, fully detached 2+1 bedroom, 2 bathroom bungalow in a prime Toronto location! Tucked away in the heart of the highly sought-after Davenport community, this hidden gem is just steps from Wychwood, Corso Italia, Regal Heights, and Dovercourt Village. Experience the perfect blend of character and convenience, surrounded by vibrant shops, trendy cafes, diverse restaurants, and excellent transit options. This meticulously maintained home showcases an updated eat-in kitchen with stainless steel appliances, soaring main-floor ceilings, a spacious two-car garage, and a separate entrance leading to a fully finished basement. With an impressive 89 Walk Score, this property also offers exciting potential for a future laneway suite.
Insights
Condition Score
Good73/1001 documented update signal
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall20/100−$2,008/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 18 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
- $5,052 / 2025
- MLS® number
- W13048074
- Board
- TRREB MLS®
- Property Type
- Detached
- Days on market
- Size
- 700-1100 sqft
- Lot Size
- 17.17 x 127.31 ft
- Listed on
- Parking
- 2 Detached, 2 Parking
Property details
Property
- Property Type
- Detached
- Style
- Bungalow
- Community
- Dovercourt-Wallace Emerson-Junction
- Municipality
- Toronto
Building
- Size
- 700-1100 sqft
- Construction
- Brick
Inside
- Bedrooms
- 2+1
- Bathrooms
- 2
- Bathroom Details
- 1 × 4pc Main, 1 × 4pc Bsmt
- Basement Type
- Finished
- Kitchens
- 1
Parking
- Driveway
- Lane
- Garage Type
- Detached
- Garage
- 2
- Additional Parking
- 0
- Total Parking
- 2
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 17.17 ft
- Depth
- 127.31 ft
- Lot Size
- 17.17 x 127.31 ft
Additional
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Fireplace
- Yes
- Pool
- None
- Den
- Yes
- Family room
- Yes
- Extras
- Refrigerator, Stove, Hood Fan, Dishwasher, Washer & Dryer, Electric Garage door opener.
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Family | 4.59 × 2.76 m | Window, Parquet Floor | Main |
| Primary | 3.2 × 2.78 m | Window, Closet, hardwood floor | Main |
| 2nd Br | 2.93 × 2.3 m | Window, hardwood floor | Main |
| Kitchen | 3.44 × 3.69 m | Tile Floor, Marble Counter, W/O To Deck | Main |
| Dining | 5.3 × 3.54 m | Tile Floor, Fireplace, Walk-Up | Bsmt |
| 3rd Br | 3.85 × 2.83 m | Laminate, Closet, Pot Lights | Bsmt |
Listing history
Buy/sell history for 524 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 | $999,900 | N/A | Pc | W13048074 |
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
- $199,980
- Total mortgage amount
- $799,920
- Total interest payment
- $568,680
- Total purchase cost
- $1,568,580
- Mortgage payment
- $4,562/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
55%Monthly carrying cost
$4,983- Rent $2,975
- Shortfall $2,008
Rental income opens at $2,975, the median asking rent of 18 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
- $16,473
- Toronto municipal land transfer tax
- $16,473
- Total land transfer tax
- $32,946
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $24,471
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 $999,900
- $11,998
- Ontario total
- $16,473
Toronto’s municipal tax uses the same brackets at this price, so it adds another $16,473.
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
- 17.17 ft5.2 m
- Depth
- 127.31 ft38.8 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 GeoWarehouse.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation3
- Not in Toronto and Region Conservation Authority’s mapped regulated areaAt the address
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m1 test or monitoring hole also recorded.250 m
Toronto and Region Conservation Authority · Province of Ontario open data
Planning and building activity4
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- 57 building permits issued within 250 m in the last 2 years250 m
- Nearest airport: 5.6 km5.6 km
- Mapped parcel: about 2,290 sq ftMeasured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.At the address
Province of Ontario open data · Municipal building permits · toronto.parcels
Around the home2
- Nearest rail line: 430 m430 m
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- 1 facility within 1 km reports pollutant releases to Environment CanadaThe nearest is John E. Goudey Mfg Limited, 810 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Toronto Hydro-Electric System LimitedAt the address
- Wired internet 50/10 Mbps or faster is listed at a household 50 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (50 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.50 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, FibreStream, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Rogers, Routcom, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.
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
No building permits on file at this address.
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.
330 m away259 GEARY AVESite planUnder Review
570 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
700 m away1260 DUFFERIN STApplicationUnder Review
Part Lot Control application
700 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.
700 m away888 DUPONT STSite planUnder Review
Site Plan Approval for a 19-storey residential building (62 metres), containing 17,509 square metres of gross floor area with a total of 251rental dwelling units.
740 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
- 23
- Median asking price
- $1.3M
- New in 7 days
- 1
- Price cuts
- 30%
Middle half: $1.21M to $1.58M
9 in 28 days
7 listings
This home is asking 23% below the median, lower 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 | 1.5 km |
| Ossington Station | TTC subway: Line 2 Bloor-Danforth | 1.5 km |
| Lansdowne Station | TTC subway: Line 2 Bloor-Danforth | 1.6 km |
| Bloor GO | GO Transit train: KitchenerUP Express train | 2.1 km |
| Fairbank Station | TTC light rail: Line 5 Eglinton | 2.7 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 |
|---|---|---|---|
| Regal Road Junior Public SchoolToronto DSB | Public · grades JK–6 · French Immersion | 250 m | 74%Grade 6 average |
| St Mary of the Angels Catholic SchoolToronto CDSB | Catholic · grades JK–8 | 250 m | 80%Grade 6 average |
| McMurrich Junior Public SchoolToronto DSB | Public · grades JK–6 | 700 m | 89%Grade 6 average |
| ÉÉC du Sacré-Coeur-TorontoConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–6 | 1.2 km | 60%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Oakwood Collegiate InstituteToronto DSB | Public · grades 9–12 · French Immersion | 600 m | 44%Grade 9 math |
| Bloor Collegiate InstituteToronto DSB | Public · grades 9–12 | 1.6 km | 69%Grade 9 math |
| St Mary Catholic AcademyToronto CDSB | Catholic · grades 9–12 | 1.8 km | 45%Grade 9 math |
| École secondaire Toronto OuestConseil scolaire Viamonde | French-language public · grades 9–12 | 2.3 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.