There are a few shopping options for residents in Wallace Emerson. There is the Dufferin Mall at Bloor and Dufferin. There is also the Galleria Shopping Centre, at Dufferin and Dupont. Between the two, most shopping needs can be accomplished as they offer stores from clothing, to food, to services. Other smaller, but still popular areas for shopping are at Wallace and Lansdowne, and Dufferin and Dupont, along the streets.

There is the Wallace Emerson Community Centre, which has facilities such as a gym, a games room, a pool, and a playground. There are numerous programs and sports leagues arranged by the Centre for all ages. Right beside the Centre is Wallace Emerson Park, which has tennis courts and ice rinks. Another public place which provides programs for all ages is the Bloor/Gladstone Public Library.

The development of Wallace Emerson began with the Canadian Pacific and National railway lines, which began servicing to this area in the late 1800’s. The railway lines attracted industries, which created jobs, which of course attracted people to settle in the area. However, this neighbourhood was not clearly defined until the 1970’s, as the only part that was recognized was the major intersection- Wallace and Emerson.