Listed 2 Days Ago
Highlights
Pet Friendly
Location
48 Wallace Avenue #1, Toronto, ON M6H 1T5, CA|Wallace Emerson
Tour 48 Wallace Avenue #1
Contact
Emily Steele
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Property Overview
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
More space
Great for
Pet owners
Amenities for 48 Wallace Avenue #1, Wallace Emerson
Apartment Amenities
| Air Conditioning | Central Heat |
| High Ceilings |
Building
| Cats OK | Dogs OK |
| Onsite Laundry |
Grounds
| Garden | Storage |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
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About 48 Wallace Avenue #1
Spacious and bright 2 bedroom, 1 bathroom lower level apartment with open concept living / dining room and direct access to shared laundry and beautiful backyard in triplex (beautiful purpose built detached home) in prime location at Dufferin and Bloor. Unit features: - 2 large bedrooms with built in closets - Beautiful bathroom with large tub - Updated kitchen with full size appliances - Bright Living / dining room - Direct access to shared laundry facility (only shared with 2 other units) - Direct access to beautiful shared backyard space. - Tile flooring throughout! - Central A/C & Heat! - Tons of extra storage!
Lease Terms
1 yearProperty highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 48 Wallace Avenue #Main Floor, Toronto, ON M6H 1T5, CA compares to other nearby properties.
Positives
- More space
- The 2-bedroom is 50 sqft larger than other listings nearby
Address details
| Neighborhood | Wallace Emerson |
|---|---|
| Post code | M6H 1T5 |
| Type | Apartment for rent |
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Rent trends in Wallace Emerson
2-bedroom apartments at 48 Wallace Avenue #1 cost about 9% more than the average rent price for 2-bedroom apartments in Toronto.
Median rents as of Aug 29 2026.
Wallace Emerson
Toronto
| Month | Median Rent |
|---|---|
| September 2024 | $3,028 |
| October 2024 | $2,997 |
| November 2024 | $2,961 |
| December 2024 | $2,948 |
| January 2025 | $2,993 |
| February 2025 | $2,976 |
| March 2025 | $2,901 |
| April 2025 | $2,860 |
| May 2025 | $2,850 |
| June 2025 | $2,850 |
| July 2025 | $2,816 |
| August 2025 | $2,799 |
| September 2025 | $2,778 |
| October 2025 | $2,764 |
| November 2025 | $2,748 |
| December 2025 | $2,739 |
| January 2026 | $2,719 |
| February 2026 | $2,708 |
| March 2026 | $2,693 |
| April 2026 | $2,684 |
| May 2026 | $2,669 |
| June 2026 | $2,693 |
| July 2026 | $2,696 |
| August 2026 | $2,754 |
| Month | Median Rent |
|---|---|
| September 2024 | $2,683 |
| October 2024 | $2,705 |
| November 2024 | $2,527 |
| December 2024 | $2,542 |
| January 2025 | $2,535 |
| February 2025 | $2,600 |
| March 2025 | $2,527 |
| April 2025 | $2,503 |
| May 2025 | $2,435 |
| June 2025 | $2,434 |
| July 2025 | $2,315 |
| August 2025 | $2,415 |
| September 2025 | $2,476 |
| October 2025 | $2,553 |
| November 2025 | $2,557 |
| December 2025 | $2,562 |
| January 2026 | $2,728 |
| February 2026 | $2,691 |
| March 2026 | $2,753 |
| April 2026 | $2,637 |
| May 2026 | $2,510 |
| June 2026 | $2,525 |
| July 2026 | $2,487 |
| August 2026 | $2,323 |
Affordability calculator
Can I afford to live at 48 Wallace Avenue #1?
Bedrooms
2 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$100,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $100,000 annually to afford this 2-bedrooms monthly rent price of $2,500.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| Bath | |||||
|---|---|---|---|---|---|
| Last month | $3,500 | 2 bed | 1 bath | ||
| 1 year ago | $3,300 | 2 bed | 1 bath | ||
| 2 years ago | $3,400 | 2 bed | 1 bath | ||
| 3 years ago | $3,300 | 2 bed | 1 bath | ||
| 7 years ago | $2,900 | 2 bed | 1 bath |
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Internet available near 48 Wallace Avenue #1
Getting around Toronto near 48 Wallace Avenue #1
Walking
10/10
No car? No problem. Everything you need is within a few blocks.
Driving
5/10
This area is accessible to thoroughfares and has ample parking options.
Cycling
8/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
9/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.
Points of interest for 48 Wallace Avenue #1, Toronto
Groceries
9/10
At least one grocery store within a few minutes' walk
Shopping
8/10
Variety of shops within a few minutes' walk
Cafes
7/10
Variety of cafés within walking distance
Restaurants
8/10
Variety of restaurants within walking distance
Primary schools
9/10
At least one elementary school within a 10-minute walk
High schools
8/10
At least one high school within a 10-minute walk
Parks
10/10
Very large amount of park space within a few minutes' walk
Nightlife
5/10
Some bars within walking distance
Other units at this address
48 Wallace Avenue #Main Floor, Toronto, ON M6H 1T5, CA
48 Wallace Avenue #Main Floor Toronto, ON
Occupied
2 Beds, 1 Bath
2 Beds
1 Bath
$2,900
Hardwood Floor • Walk-In Closets • Central Heat • Air Conditioning • On-Site Laundry • Assigned Parking
Occupied
3
2 Beds
1 Bath
$3,400
Hardwood Floor • Outdoor Space • Central Heat • Air Conditioning • On-Site Laundry • Assigned Parking
Available - Oct 1, 2026
Main
2 Beds
1 Bath
$3,500
Hardwood Floor • Outdoor Space • Central Heat • Air Conditioning • On-Site Laundry • Assigned Parking
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