Basil Wallace was most recently seen in the family comedy Like Mike. His film credits also include John Dahl's Joy Ride; The Wood, with Omar Epps and Taye Diggs; Lawrence Kasdan's Grand Canyon; and three films for director Dwight H. Little, Free Willy 2: The Adventure Home, Rapid Fire and Marked for Death. He made his feature film debut in Robert Townsend's 1987 comedy Eddie Murphy Raw, playing Eddie's father in a sketch.

On the small screen, Wallace appeared in the telefilm Children of the Dust, starring Sidney Poitier. He has also had guest roles on numerous series, including CSI: Crime Scene Investigation, Strong Medicine, The Agency, The West Wing, Judging Amy, ER, The Practice and NYPD Blue.

A native of Jamaica, Wallace has performed in repertory theatre and is also a lifetime member of New York's La MaMa E.T.C. (Experimental Theatre Club).