515 Salem Ave N
Dovercourt-Wallace Emerson-Junction, Toronto
$1,149,000
Buy with Dwelly and Save $11,490
Home Details
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Listing Description
Come take a look at this fantastic property! A perfect chance to get into the Toronto investment market. Both units are spacious, providing immediate cash flow from day one. Looking for future upside? A laneway report is available, showing the potential to add a laneway house and further increase rental income. Located in a prime area, walk to the St. Clair streetcar, Bloor subway line, and the exciting Galleria redevelopment. Whether you're an investor looking for turnkey rental income or planning to maximize future potential, this property checks all the boxes. Don't miss on this opportunity!
All Appliances, Electric Light Fixtures.
City: Toronto
Neighborhood: Dovercourt-Wallace Emerson-Junction
Property History
Rooms
Room dimensions for 515 Salem Ave N, Toronto
Market Trends and Insights
Mortgage Calculator
Your estimated monthly payment for 515 Salem Ave N is 6113
Price
$Rate
%Ammortization
Down Payment
$Total Mortgage
| Purchase Price | $1149000 |
| Down Payment | $229800 |
| Mortgage Insurance | $0 |
| Total Mortgage | $919200 |
Monthly Payment
| Mortgage Payment | $5664 |
| Property Taxes | $449 |
| Maintenance Fees | $0 |
| Monthly Payment | $6113 |
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About 515 Salem Ave N, Toronto
Located at 515 Salem Ave N , this Toronto house is available for sale. This property was listed for $1,149,000 on Mon Aug 18 2025. This house's size is 1100-1500 Sqft. It has 3 bedrooms and 3 bathrooms. The property includes the following rooms: Living, Dining, Kitchen, Primary, 2nd Br, 3rd Br, Living, Kitchen, Br, Br. This property comes with 2 parking spots. 515 Salem Ave N, Toronto is situated in the Dovercourt-Wallace Emerson-Junction neighbourhood.
MLS#: W12350768 · $1,149,000 · 3 bedroom house in Dovercourt-Wallace Emerson-Junction, Toronto