Semi-detached | Listing Price: $999,000

271 Perth Ave | Wallace-Emerson Home For Sale

Wallace-Emerson

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Property Details

Property Type

Semi-detached

Bedrooms

4+1

Bathrooms

2

Community

Wallace-Emerson

SQFT

1400 SQFT + 638 SQFT Basement

Lot Size

18.41 feet x 124.83 feet

Parking

Double Car Garage via Laneway

Taxes/Year

$5121.47 (2025)

A Home That Pays You Back – And Sets You Up for Whatever’s Next!

Welcome to 271 Perth Avenue, where flexibility and future-proofing meet in one of Toronto’s most vibrant west-end neighborhoods. This charming, income-generating semi is an ideal fit for investors, multi-generational living, or sharp buyers looking to offset their mortgage while staying close to all the action. A turnkey opportunity featuring two self-contained units, a generous lot with laneway house potential, and limitless possibilities for future customization—this home is all about options, and every one of them is a win. 


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Live smarter, build equity faster, and enjoy the kind of lifestyle that makes the 9-to-5 grind totally worth it. The best part? This move-in ready home sits on a quiet, tree-lined stretch of Perth Avenue in vibrant Wallace-Emerson, offering modern conveniences at every turn. And when you step out, the very best of this sought-after pocket is just moments away.

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271 Perth Ave | Wallace-Emerson Home For Sale

Main Floor + Basement | Warm, Modern & Ready To Go! 

Step into a warm and inviting home where modern updates seamlessly blend with timeless charm. The cozy living room, bathed in natural light, features a fireplace—creating the perfect setting for quiet evenings or lively gatherings.

The updated kitchen is both stylish and functional, offering sleek finishes and direct access to a newly landscaped backyard. This private outdoor space is a true extension of the home, ideal for summer BBQs, morning coffee, or a safe haven for kids and pets to play.  

The lower level offers even more flexibility, with a fully renovated bathroom and a versatile additional room. Whether you envision it as a luxurious primary suite, a quiet home office, or a welcoming guest retreat, this space adapts to your needs. With two additional bedrooms on the main floor, this unit is perfect for families, professionals, or anyone looking for a home that grows with them. 

Second Floor Suite | Bright, Airy & Income-Generating...

The upper-level suite offers an airy, open feel with two light-filled bedrooms and a welcoming living space that features a bay window made for reading, people-watching, or daydreaming about that Tuscany trip you’ve been pinning on Pinterest.   

With a modern bathroom, thoughtful storage solutions, and a practical layout, this second-floor unit is ideal as a rental property, a crash pad for visiting family, or even as a live-work space for creative types. You’ll love the versatility here—the kind of flexibility that city dwellers crave but rarely find. 

Next Chapter Ready | Easy Single-Family Conversion

Here’s where 271 Perth really shines: it’s ready to grow with you. This property has been thoughtfully divided to make converting back into a full-scale single-family home remarkably simple when your lifestyle calls for it. Today, it’s an income-generator, easing the weight of your monthly mortgage. Tomorrow, it could be the spacious, single-family haven you’ve been dreaming about—without the gut-job renovation that usually comes with that dream.

The layout is already primed: imagine four+ bedrooms, multiple living areas, and plenty of space to spread out as your household (and ambitions) expand. 

As your needs shift—maybe your side hustle blows up and you need a second office, or your family grows, or you simply want more room to stretch your legs—this home will shift right along with you. The transition to single-family is easy and cost-effective, making this a future-proof choice that your future self will definitely high-five you for.  It’s rare to find a home that lets you play both sides: generating income now while building towards your long-term vision. At 271 Perth, you get both, wrapped in one charming, thoughtfully maintained package. 

Backyard Goals + Toronto’s Ultimate Bonus: PARKING!

One of the standout features of this property is the freshly landscaped backyard, thoughtfully designed with elegant interlocking pavers—perfect for entertaining, a rare find in the city.

Whether you’re hosting summer gatherings, enjoying a quiet morning coffee, or creating the perfect play space for little ones, this outdoor retreat offers endless possibilities. 

 

Adding to the home’s appeal is the sleek and modern double-car garage, providing the ultimate convenience of off-street parking—no more circling the block in search of a spot! Beyond parking, it also serves as a valuable storage space, perfect for stashing seasonal gear, bikes, or even transforming into a stylish workshop. BONUS: Over 1000 SQFT laneway house potential for additional income or living space! 

271 Perth Ave | Wallace-Emerson Home For Sale

Wallace-Emerson: Where Convenience Meets Community!

Ideally situated on the best stretch of Perth Ave, in desirable Wallace Emerson, this sweet semi-detached is just steps from everything this vibrant community has to offer. Perth Park is just around the corner, a beloved green space with a playground, splash pad, and plenty of room to relax.

Families will appreciate being within walking distance of Perth Public School, known for its strong community ties.  

 

Enjoy effortless connectivity in a prime transit hub, with multiple options just steps away, with Bloor GO, UP Express, and TTC options nearby, making commutes a breeze. The Junction, Bloordale, and Dundas West are just a short walk away, offering trendy cafes, boutiques, and some of Toronto’s best restaurants. 

The Perfect Opportunity Awaits!

Whether you’re looking for an investment property, multi-unit home, or a place to grow into, 271 Perth Avenue delivers on all fronts. Move in and rent out the second unit, or easily convert it back into a spacious single-family home as your needs change. 

Don’t miss this one!  it’s a rare opportunity to achieve both financial freedom and future flexibility. House hack your way into homeownership in one of Toronto’s most sought-after west-end neighborhoods!  

A property that evolves with you? That’s just smart Toronto living.