Wallace Emerson is an area containing a mixture of commercial and residential land uses. It is also an ethnically diverse neighbourhood including residents of Portuguese, Italian, Anglo, Caribbean, Asian and African descent. At one point this area was a working class neighbourhood. However, because of the neighbourhood's accessibility to the downtown core. There has been recent turnover in the average income structure as the influence of young families have renovated, real estate values have increased. 

"An up and coming neighbourhood with good real etstate values."