Old Toronto · Toronto Neighbourhood Guide
Junction-Wallace Emerson
Mixed owner-and-renter and middle-income — a corner of Old Toronto with its own character.
23,180
Population
37.6
Median Age
$84,000
Median Household Income
2.3
Avg. Household Size
What It Rents For
Renting in Junction-Wallace Emerson
$1,945
Average Rent / Month
3.9%
Rental Vacancy Rate
+1%
vs. GTA Average ($1,917)
Source: CMHC Rental Market Survey, October 2025 (Toronto (West) zone). Adapted from CMHC data; this does not constitute CMHC endorsement.
About Junction-Wallace Emerson
Junction-Wallace Emerson is a balanced mix of owners and renters — close to 50% own and 50% rent. Median household income, around $84,000, tracks close to the Toronto figure. Households span a range of ages and sizes — the kind of broad, mixed neighbourhood that holds value through cycles.
Rents track close to the GTA average of $1,917, making it a practical part of the city for buyers and tenants alike. Garden suites and full renovations are the most active project types here — adding income or living space on the deep lots common across the area.
Metrohomes has been designing and building across Old Toronto since 1988. Whether you're weighing a renovation, a garden suite, a multiplex, or a custom new build in Junction-Wallace Emerson, we bring a builder's eye to what a property can actually become.
What We Build Here
Building & Renovating in Junction-Wallace Emerson
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We take on 7–10 projects at a time. Each one gets our full attention.