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Dovercourt-Wallace Emerson-Junction, Toronto
$1,399,000
Great opportunity in one of Toronto's most exciting west-end neighbourhoods! This detached 2-storey home offers exceptional flexibility for end-users, multi-generational families, or buyers looking to offset their mortgage with income potential. Featuring two kitchens above grade, the main floor offers a spacious living room, dining room and kitchen, while the second floor includes two bedrooms and a second kitchen. The third level provides two additional bedrooms, creating a versatile layout to suit a variety of living arrangements. A separate entrance to the basement offers additional flexibility for future use (subject to all applicable approvals). Completing the property is a rare double detached garage accessed by laneway, providing ample parking, storage, and exciting future potential.Ideally situated in the vibrant Wallace Emerson neighbourhood between Dupont Street and Bloor Street West, with easy access to Lansdowne and Dufferin, this location offers an outstanding urban lifestyle. Just a short walk to the trendy cafés, breweries, restaurants and artisan shops along Geary Avenue, everyday conveniences at Dufferin Mall, and excellent TTC transit including Lansdowne and Dufferin subway stations. Enjoy nearby parks, schools, and the newly redeveloped Wallace Emerson Community Recreation Centre, featuring modern recreational facilities, pools, fitness amenities, and expanded green space as part of one of Toronto's most significant community revitalization projects. With excellent walkability, nearby cycling routes, and quick access to the UP Express, GO Transit, and Toronto's downtown core, this property offers the perfect balance of neighbourhood charm and city convenience. Whether you're searching for a family home with room to grow or a property offering valuable income potential, this is an exceptional opportunity in one of Toronto's most desirable west-end communities.
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| Type | Detached |
| Style | 2 1/2 Storey |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | $6,407 |
| Lot Size | 21 ft x 120 ft |
| mls© Number | W13488592 |
| Listed By | HOMELIFE REGIONAL REALTY LTD. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $7,161
- Property tax
- $534
- Heat allowance
- $150
- Housing costs
- $7,845 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$241,000
gross annual household income
- Payment at 4%
- $5,887 / mo
- Cash down
- $279,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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