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Listed 2 months ago

332 Delaware Avenue

Dovercourt-Wallace Emerson-Junction, Toronto

$1,699,000

Semi-Detached |3-Storey
6 | 4 | 2.5
About this home

Welcome To 332 Delaware Avenue - A Renovated, Turn-Key Semi-Detached House In The Heart Of Toronto's Vibrant Dovercourt Village, featuring 2 legal secondary suites. This versatile 3-storey property offers three self-contained units, each with its own kitchen and living space, making it ideal for owner-occupants seeking rental income, multi-generational families, or investors. Offering a total of 6 bedrooms and 4 bathrooms, the home features functional layouts, engineered hardwood flooring, modern kitchens with quartz countertops and a legal basement apartment with a separate entrance, providing excellent income potential. Extensively updated throughout, including electrical, plumbing, ductwork, furnace, roof, and tankless hot water system. Soundproofing and fire-rated separations enhance comfort and peace of mind. The private backyard offers a rare urban retreat with optional sauna and hot tub, while the detached garage, laneway access, and parking for 2 vehicles add everyday convenience. Situated on a deep lot with potential for a future laneway suite ( buyer to verify). Located steps to Bloor street, Ossington, Parks, Cafes, Restaurants, and TTC Subway access. Walk Score 94 and Transit Score 95. A rate opportunity to own a fully upgraded, income generating property in one of Toronto's most sought-after neighbourhoods.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeSemi-Detached
Style3-Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$7,254
Lot Size17.5 ft x 125 ft
mls© NumberW13455128
Listed ByBRIDLEPATH PROGRESSIVE REAL ESTATE INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$8,696
Property tax
$605
Heat allowance
$150
Housing costs
$9,451 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $339,800
25-yr amortization

Income needed

$291,000

gross annual household income

Payment at 4%
$7,150 / mo
Cash down
$339,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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