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For SaleDetached · 3-StoreyMLS® #W14168190 · TRREB MLS®

402 Salem Ave, Toronto, Ontario

Dovercourt-Wallace Emerson-Junction, Toronto, Ontario M6H 3E1

Bedrooms
3
Lot Size
45.06 x 134 ft
Bathrooms
4
Type
Detached
Basement
None

$4,999,000

Estimated market value

About 402 Salem Ave

402 Salem Ave is a 3-bedroom, 4-bathroom detached house in Dovercourt-Wallace Emerson-Junction, Toronto, listed for sale at an asking price of $4,999,000 (MLS® W14168190).

402 Salem Avenue North | A Singular Expression of Art, Architecture & Design More than a home, a living work of art. Conceived and realized by the acclaimed interior design firm Cecconi Simone, 402 Salem Avenue North offers an extraordinary opportunity to own a truly singular piece of Canadian design.Completed in 2023, this remarkable architectural transformation reimagines a former industrial building as a sophisticated, three-level urban sanctuary where sculptural form, exceptional craftsmanship and uncompromising attention to detail converge.Floating architectural steel staircases, industrial fluted-glass doors, expansive windows and bespoke EuroWood millwork establish a striking aesthetic. An elevator connects all three levels, effortlessly marrying design with everyday luxury.The spectacular second-floor living space celebrates the art of entertaining, with dedicated areas to live, listen, cook and dine. A showpiece chef's kitchen features Italian appliances, invisible induction cooking, exquisite Japanese tilework and an oversized island. Three beautifully appointed bedrooms include a serene ground-floor primary retreat opening to a private courtyard, complete with an indulgent spa-inspired ensuite and dressing room.Crowning the residence, an exceptional south-facing rooftop terrace overlooks neighbouring Bartlett Parkette, featuring a gas fire bowl and fully equipped entertaining servery. Mature parkland maples provide an ever-changing natural backdrop, creating a rare connection between architecture and nature.A two-car garage with EV charging, integrated audio, smart-home technology and custom lighting complete this extraordinary offering.Steps to the celebrated Geary Avenue arts and culinary district, yet wonderfully private and peaceful.An irreplaceable residence. An inspired vision. An opportunity to live within a work of art.

Insights

  • Condition Score

    Good
    68out of 100

    6 condition-related facts documented

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Shortfall
    5out of 100

    −$21,003/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 21 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.

Key facts

Tax
$13,755 / 2025
MLS® number
W14168190
Board
TRREB MLS®
Property Type
Detached
Building Age
0-5
Days on market
Size
3500-5000 sqft
Lot Size
45.06 x 134 ft
Listed on
Parking
2 Built-In, 4 Parking
Listing brokerage: CORCORAN HORIZON REALTYData source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Listing history

Buy/sell history for 402 Salem Ave, Toronto, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Dates and closing prices are shown to signed-in members.

Date StartDate EndList PricePriceEventListing ID
Date Start——$4,999,000—For SaleW14168190

Members see the full history. Prices are hidden from signed-out visitors.

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 Kishan Patel for a full comparative market analysis.

Property details

Property

Property Type
Detached
Style
3-Storey
Community
Dovercourt-Wallace Emerson-Junction
Municipality
Toronto

Building

Size
3500-5000 sqft
Building Age
0-5
Construction
Concrete

Inside

Bedrooms
3
Bathrooms
4
Bathroom Details
1 × 5pc Ground, 1 × 3pc 2nd, 1 × 2pc 2nd, 1 × 2pc 3rd
Basement Type
None
Kitchens
1

Parking

Driveway
Private
Garage Type
Built-In
Garage
2
Additional Parking
2
Total Parking
4

Utilities

Water
Municipal
Cooling
Central Air
Heating Type
Forced Air

Land

Sewer
Sewers
Frontage
45.06 ft
Depth
134 ft
Lot Size
45.06 x 134 ft

Additional

Foundation
Concrete, Concrete Block
Roof
Membrane
Fireplace
No
Pool
None
Den
No
Family room
No
Extras
All existing appliances, electric light fixtures, motorized blinds.

Rooms

RoomSizeFeaturesLevel
Foyer2.35 × 2.56 mElevator, Access To Garage, Concrete FloorMain
Primary3.32 × 4.88 m5 Pc Bath, W/I Closet, Walk-OutMain
Laundry3.11 × 2.74 mB/I Closet, Concrete Floor, Laundry SinkMain
Living3.96 × 9.6 mCombined W/Dining, Open Concept, B/I Shelves2nd
Dining4.57 × 5.4 mCombined W/Living, Open Concept, B/I Bar2nd
Kitchen3.66 × 9.6 mB/I Appliances, Custom Backsplash, O/Looks Park2nd
2nd Br2.92 × 3.48 mW/I Closet, Concrete Floor, Ensuite Bath2nd
3rd Br2.92 × 3.48 mW/I Closet, Concrete Floor, Ensuite Bath2nd
Den2.35 × 5.85 mW/O To Roof, Elevator, B/I Appliances3rd
Utility2.1 × 3.6 m2 Pc Bath, Concrete Floor3rd

Map and tour

Detached homes for sale in Dovercourt-Wallace Emerson-Junction right now

For sale now
25
Median asking price
$1.3M

Middle half: $1.2M to $1.56M

This home is asking 285% above the median, higher than three quarters of them.

See all homes in Dovercourt-Wallace Emerson-Junction

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Signals around this home

Changing nearby

Changing nearby. 6 open development applications on this home’s street within 800 m.

  • 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.


    310 m away

  • 259 GEARY AVESite planUnder Review


    410 m away

  • 1260 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


    440 m away

  • 1260 DUFFERIN STApplicationUnder Review

    Part Lot Control application


    440 m away

  • 1260 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.


    440 m away

  • 1245 DUPONT STApplicationUnder Review

    Part Lot Control application


    560 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.

Land transfer tax on this home

Ontario land transfer tax
$111,450
Toronto municipal land transfer tax
$141,430
Total land transfer tax
$252,880
First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
−$8,475
Total for first-time buyers
$244,405
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 $2,000,000
$32,000
2.5% from $2,000,000 to $4,999,000
$74,975
Ontario total
$111,450

Toronto’s municipal tax has its own higher brackets at this price, so it adds $141,430.

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

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.

Land and environment

Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.

17 records · 10 on fileMatched 2026-11-11
250 m500 m1 km2 kmBeyond · area-wideNot in Toronto and Region Conservation Authority’s mapped regulated areaNo mapped wetland within 120 mNo water-supply well recorded within 250 mOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasMapped parcel: about 3,370 sq ft37 building permits issued within 250 m in the last 2 yearsNearest airport: 5.3 kmNearest rail line: 100 mA trail or path within 1 kmAt least 11 licensed child care centres within 1 kmNo licensed pit or quarry within 2 kmNo recorded oil, gas or salt well within 250 m1 facility within 1 km reports pollutant releases to Environment CanadaNo federal contaminated site within 1 kmElectricity is distributed here by Toronto Hydro-Electric System LimitedWired internet 50/10 Mbps or faster is listed at a household 40 m awayAcross the surrounding area: fibre to the home, cable, DSL internet listed
On record No record found in the source searched

Water and conservation3

  • Not in Toronto and Region Conservation Authority’s mapped regulated areaChecked at the listing’s mapped point, not across the whole lot.At the address
  • No mapped wetland within 120 m120 m
  • No water-supply well recorded within 250 m18 test or monitoring holes 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 areasChecked at the listing’s mapped point, not across the whole lot.At the address
  • 37 building permits issued within 250 m in the last 2 years250 m
  • Nearest airport: 5.3 km5.3 km
  • Mapped parcel: about 3,370 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 · City of Toronto property boundaries

Around the home3

  • Nearest rail line: 100 m100 m
  • A trail or path within 1 km1 km
  • At least 11 licensed child care centres within 1 kmFrom Ontario’s list of licensed child care centres. It does not show available spaces, fees or waiting lists.1 km

Province of Ontario open data · Provincial and municipal trail maps

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, 710 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 40 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (40 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.40 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 Authority or 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.

Permit history

4 building permits cleared at this address in the City’s file.

  • Building Permit Related(MS)Closed

    HVAC - To convert one storey warehouse building into a three storey detached house, interior alterations and constructing an integral garage, second and third storeys and a third floor terrace.

    Issued April 29, 2022

  • Multiple ProjectsClosed

    To convert the single storey storage building into a detached house by performing interior alterations and constructing an integral garage, second and third storeys and a third floor terrace.

    Issued April 29, 2022

  • Building Permit Related(PS)Closed

    Plumbing - To convert one storey warehouse building into a three storey detached house, interior alterations and constructing an integral garage, second and third storeys and a third floor terrace.

    Issued April 29, 2022

  • Building Permit Related (DR)Closed

    Drain - To convert one storey warehouse building into a three storey detached house, interior alterations and constructing an integral garage, second and third storeys and a third floor terrace.

    Issued April 29, 2022

City of Toronto Open Data — cleared building permits, which begin in 2017. Contains information licensed under the Open Government Licence – Toronto.

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
St Mary of the Angels Catholic SchoolToronto CDSBCatholic · grades JK–8350 m80%Grade 6 average
Dovercourt Public SchoolToronto DSBPublic · grades JK–8400 m59%Grade 6 average
Regal Road Junior Public SchoolToronto DSBPublic · grades JK–6 · French Immersion500 m74%Grade 6 average
ÉÉC du Sacré-Coeur-TorontoConseil scolaire catholique MonAvenirFrench-language Catholic · grades JK–61 km60%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
Oakwood Collegiate InstituteToronto DSBPublic · grades 9–12 · French Immersion900 m44%Grade 9 math
Bloor Collegiate InstituteToronto DSBPublic · grades 9–121.3 km69%Grade 9 math
St Mary Catholic AcademyToronto CDSBCatholic · grades 9–121.5 km45%Grade 9 math
École secondaire Toronto OuestConseil scolaire ViamondeFrench-language public · grades 9–122 km82%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.

Transit nearby

StationLinesDistance
Dufferin StationTTC subway: Line 2 Bloor-Danforth1.2 km
Ossington StationTTC subway: Line 2 Bloor-Danforth1.2 km
Lansdowne StationTTC subway: Line 2 Bloor-Danforth1.4 km
Bloor GOGO Transit train: KitchenerUP Express train1.9 km
Fairbank StationTTC light rail: Line 5 Eglinton3 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.

Zoning

Zone

R (d0.6) (x739)

By-law

569-2013

Municipality

Toronto
Residential zone (R)
  1. 1 d0.6

    Density: floor area is capped at 0.6 times the lot area.

  2. 2 x739

    Site-specific exception 739: this site has rules of its own, written in the by-law.

  3. 3 Where this is written

    Chapter 10, section 10.10 of By-law 569-2013 · Exception 900.2.10(739)

  4. 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.

Lot

Street frontage
45.06 ft13.7 m
Depth
134 ft40.8 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 MPAC.

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.

Mortgage Calculator

Plan with the current asking price

20% · $999,800

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
$999,800
Total mortgage amount
$3,999,200
Total interest payment
$2,842,900
Total purchase cost
$7,841,900
Mortgage payment
$22,807/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

94%

Monthly carrying cost

$23,953
−$21,003per month
  • Rent $2,950
  • Shortfall $21,003

Rental income opens at $2,950, the median asking rent of 21 comparable homes for lease in Dovercourt-Wallace Emerson-Junction. Type over it with the rent you expect. This is a planning tool, not advice.

Market area · filters apply to the charts below

Recently sold nearby

Sold prices in Dovercourt-Wallace Emerson-Junction are shown to signed-in members.

Email Kishan Patel