For Sale

515 Salem Avenue, Toronto W02, Ontario M6H 3C9

$1,138,000

515 Salem Avenue, Toronto W02, Ontario M6H 3C9 is For Sale and has a listing price of 1,138,000. The property is located in the Davenport neighbourhood . It's been on the website for 2 Days.

  • Detached
    Property Type
  • 5
    Bedrooms
  • 3
    Bathrooms
  • Parking
  • MLS ID: W12591966
  • Office Name ELEVATE REALTY INC.
Property 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. Basement is now Vacant. 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!

Property Details
  • Bedrooms: 5
  • MLS ID: W12591966
  • Bathrooms: 3
  • Price: $1,138,000
  • Lot Depth: 126
  • Transaction Types: For Sale
  • Ref ID: W12591966
  • Year Built: N/A
  • Approx Sqft: 1100-1500
  • Dir / Cross St: Dovercourt & Davenport Rd
  • Tax Year: 2025
  • Property Type: Detached
  • Property Type: All Houses
  • Property Sub Category: Detached
Price History
List Date MLS ID List Price Status End Date Closed Price
12/01/2025 W12591966 $1,138,000 For Sale - -
08/18/2025 W12350768 $1,149,000 Expired -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Davenport
  • $970,778 Average List Price
    based on 1 year
  • 10 New Listings
    based on 30 days
  • 23 Median Days on Market
    based on 1 year
  • List vs. Selling Price 1.56 % Below
  • Sold (12mo) 37
  • Rented (12mo) 56

  • 1 Month Change -100.0%
  • 3 Month Change -
  • 6 Month Change -
Walkscore
Additional Details
  • Heat Type Forced Air
  • Heat Source Gas
  • Style 2-storey
  • Washroom Type1: 1
  • Heating System Y
  • Garage Type Detached
  • Parking Spaces: N/A
  • Exterior Brick, Stone
  • Kitchen 2
  • Parking Y
  • Washrooms Type 1 # Pcs: 2
  • Washrooms Type 2 # Pcs: 4
  • Washrooms Type 3 # Pcs: 4
  • Washrooms Type 2: 1
  • Washrooms Type 3: 1
  • Taxes: $5,678
  • Last Status Y
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Flexible
  • Listing Entry Date: 01/12/2025 21:13:40
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