502 Salem Avenue N, Toronto, ON M6H 3E1
Dovercourt-Wallace Emerson-Junction, Toronto · Near Davenport & Dovercourt · View map
About this home
502 Salem Ave N - A Rare West-End Gem! Offered for the first time in 50 years! This cherished, detached two-storey family home sits on a larger 25 x 120-foot lot in the coveted Dovercourt-Wallace Emerson-Junction area. Nestled on a quiet, one-way street, this property offers the perfect blend of residential charm and urban pulse-located just steps from the trend-setting energy of Geary Avenue. | THE PROPERTY & POTENTIAL: A genuine blank canvas opportunity for renovators, builders, and savvy investors looking to design a custom dream home or develop a multi-unit property. + In-Law or Rental Potential: Features separate entrances to the main floor, second floor, and basement.+ Laneway Suite Potential: A laneway report is available, highlighting the opportunity to build a secondary dwelling for multi-generational living or maximum rental income. + Rare 10-Car Parking: Includes a detached 3-car garage (two doors on the private driveway, one on the laneway) plus a private driveway that accommodates an additional 7 vehicles. || LIFESTYLE & COMMUNITY: + Unmatched Urban Living: A Walk Score of 83 puts Toronto's best artisanal cafes, craft breweries, and independent boutiques right at your doorstep. + Green Space & Recreation: Minutes from Dovercourt Park (tennis courts, splash pad, and ice rink), Bartlett Parkette, and the Wallace Emerson Community Centre. + Excellent Connectivity: A commuter's dream with three nearby bus routes offering quick connections to the Bloor subway line. Enjoy close proximity to Corso Italia, Bloorcourt, and the Junction. | 502 Salem Ave N is a great opportunity to build equity in a rapidly evolving, vibrant revitalization area. Don't miss your chance to secure a detached foothold in one of the west end's hottest pockets.
The home
- Type
- 2-storey detached home
- Style
- 2-Storey
- Square footage
- 1500-2000 sq ft
- Bedrooms
- 3
- Basement bedrooms
- 1
- Bathrooms
- 3
- Kitchens
- 3
- Rooms
- 8
- Basement
- Separate Entrance
- Lot size
- 25 x 120 ft
- Faces
- West
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Brick, Stone
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- No
Garage & parking
- Garage
- Detached
- Garage spaces
- 3
- Driveway spaces
- 7
- Total parking
- 10
- Parking features
- Private, Lane
Taxes & other
- Property taxes
- $5,640/yr
- Tax year
- 2026
- Occupancy
- Vacant
- Possession
- See Schedule C
- Cross street
- Davenport & Dovercourt
- Neighbourhood
- Dovercourt-Wallace Emerson-Junction
More
- Price per sq ft
- ~$794 (at 1,750 sq ft)
- MLS® number
- W13477728
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax and Toronto municipal land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
502 Salem Avenue, Toronto, ON M6H 3E1
Dovercourt-Wallace Emerson-Junction, Toronto · Near Davenport & Dovercourt
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Listing history for 502 Salem Avenue
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 502 Salem Avenue N
Answers come straight from this home’s MLS® listing.
How much is 502 Salem Avenue N listed for, and what would it cost each month?
502 Salem Avenue N is listed for $1,390,000. With 20% down ($278,000), the mortgage payment would be roughly $5,607 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $6,077 a month, all in. That figure is an illustration, not a quote.
Is 502 Salem Avenue N freehold or a condo, and is there a monthly fee?
502 Salem Avenue N is a 2-storey detached home in Dovercourt-Wallace Emerson-Junction, Toronto. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 502 Salem Avenue N have?
502 Salem Avenue N has 3 bedrooms, plus 1 more bedroom in the basement, and 3 bathrooms.
Does 502 Salem Avenue N have a garage and parking?
Yes. The listing shows the garage as detached, with room for 3 cars. The driveway adds 7 spaces. In total the listing counts 10 parking spaces.
Does 502 Salem Avenue N have a finished basement?
The listing describes the basement as separate entrance. It counts 1 bedroom on that level. A listing description is not proof of a legal second unit, so confirm zoning and permits with the municipality before counting on rental income.
What style of home is 502 Salem Avenue N?
502 Salem Avenue N is a 2-storey detached home. A 2-storey detached house has its living space on the main floor and the bedrooms upstairs, on its own lot with no shared walls.
How big is 502 Salem Avenue N, and what is the lot size?
The listing puts the home between 1,500 and 2,000 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 25 x 120 ft.
How is 502 Salem Avenue N heated and cooled?
Heating is forced air (gas). Cooling is central air.
What are the property taxes for 502 Salem Avenue N?
Property taxes are $5,640 a year (2026), or about $470 a month.
Where is 502 Salem Avenue N?
502 Salem Avenue N is in the Dovercourt-Wallace Emerson-Junction community of Toronto. The nearest main intersection is Davenport & Dovercourt. The postal code is M6H 3E1.
Is 502 Salem Avenue N still for sale?
Yes. It is an active listing (MLS® W13477728). Listings here update from the board through the day and come down once a home sells.
What are similar detached homes near 502 Salem Avenue N asking?
Similar detached homes for sale nearby right now include 204 Franklin Avenue at $1,300,888 (3 bed), 43 Lappin Avenue at $1,259,000 (3 bed) and 1281 Davenport Road at $1,099,901 (3 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 502 Salem Avenue sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 502 Salem Avenue N?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar detached homes nearby
More detached homes for sale near Dovercourt-Wallace Emerson-Junction, picked by style, size and price.
2-storey detached home$1,300,888204 Franklin Avenue, Toronto3 bed · 4 bath · Dovercourt-Wallace Emerson-JunctionCourtesy of: LPT RealtyView home →
2-storey detached home$1,259,00043 Lappin Avenue, Toronto3 bed · 2 bath · Dovercourt-Wallace Emerson-JunctionCourtesy of: ROYAL LEPAGE TERREQUITY REALTYView home →
2-storey detached home$1,099,9011281 Davenport Road, Toronto3 bed · 2 bath · Dovercourt-Wallace Emerson-JunctionCourtesy of: HOMELIFE LANDMARK REALTY INC.View home →Courtesy of: RIGHT AT HOME REALTY
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.