420 Salem Avenue, Toronto W02

Price: $1,138,000

3 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Semi-Detached

MLS#: W13493324

Wow! Look No Further! Renovated From Top To Bottom on Salem North. Too Much To List! This 3 Bedroom , 2 Bath Home With Garage Has It All! Updated Kitchen with Marble Counters & Upgraded Cabinets, Fauxwood Wide Laminate Throughout, Updated Full Bath, Oak Stairs, Private Separate Side Basement Entrance Leading to A Rec Room And More. Enjoy Entertaining With A Walk Out Large Deck and Private Rear Yard. Convenient front entrance mutual driveway leading to the rear. A separate Detached 1 Car Garage, Available Parking and A Private Patio Space at The Rear. CLOSE TO ALL AMENITIES, SUCH AS TRANSIT, SHOPS, RESTAURANTS, WALKING DISTANCE TO GEARY REVILAZATION AREA WHERE TAPAS BAR AND BREWERIES ARE AVAILABLE, THE POSSIBILITY OF BUILDING A GARDEN SUITE FOR ADDITION INCOME MAY BE AQUIRED, VERY TRENDY FOR YOUNG PROFESSIONALS.

420 Salem Avenue - Semi-Detached photo 1 of 39 in Bloor West Village / Swansea, Ontario
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$1,138,000 - 420 Salem Avenue, Bloor West Village

Semi-Detached for Sale in Bloor West Village

Popular Listing

Neighbourhood: Dovercourt-Wallace Emerson-Junction

3Beds
2Baths
1,100 - 1,499Sq Ft
Semi-Detached
Property Details
MLS Number
W13493324
Property Type
Semi-Detached
Status
active
Days on Site
11
Bedrooms
3
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Bloor West Village / Swansea
Listing Brokerage
HOMELIFE PRINCIPLE REAL ESTATE
Description

Wow! Look No Further! Renovated From Top To Bottom on Salem North. Too Much To List! This 3 Bedroom , 2 Bath Home With Garage Has It All! Updated Kitchen with Marble Counters & Upgraded Cabinets, Fauxwood Wide Laminate Throughout, Updated Full Bath, Oak Stairs, Private Separate Side Basement Entrance Leading to A Rec Room And More. Enjoy Entertaining With A Walk Out Large Deck and Private Rear Yard. Convenient front entrance mutual driveway leading to the rear. A separate Detached 1 Car Garage, Available Parking and A Private Patio Space at The Rear. CLOSE TO ALL AMENITIES, SUCH AS TRANSIT, SHOPS, RESTAURANTS, WALKING DISTANCE TO GEARY REVILAZATION AREA WHERE TAPAS BAR AND BREWERIES ARE AVAILABLE, THE POSSIBILITY OF BUILDING A GARDEN SUITE FOR ADDITION INCOME MAY BE AQUIRED, VERY TRENDY FOR YOUNG PROFESSIONALS.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,033.76/mo

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5-yr fixed avg.

Principal: $910,400Interest: $599,727
Mortgage Amount$910,400
Total Interest$599,727
Est. Property Tax$806/mo
Total Cost$1,510,127

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

Ready to get pre-approved?

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Neighbourhood Guide: Dovercourt-Wallace Emerson-Junction

Discover Dovercourt-Wallace Emerson-Junction

Dovercourt-Wallace Emerson-Junction is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Dovercourt-Wallace Emerson-Junction

  • Convenient location in Bloor West Village / Swansea
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Dovercourt-Wallace Emerson-Junction offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

420 Salem Avenue, Bloor West Village / Swansea

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
1.9%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$806
Insurance (est.)-$237
Net Cash Flow+$1,757

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $1035/sqft, this property is priced in line with current Bloor West Village market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Detached Home Advantages

Detached homes in Bloor West Village are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

About Dovercourt-Wallace Emerson-Junction

I know Dovercourt-Wallace Emerson-Junction well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

Investment Perspective

Looking at this as an investment: Bloor West Village properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $4,742 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    420 Salem Avenue | $1,138,000 | Battaglia Team