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Dovercourt-Wallace Emerson-Junction, Toronto
$1,529,000
Live, rent, or reimagine this rare multi-unit gem in prime Dovercourt Village! This detached, character-filled property features three self-contained units, offering exceptional flexibility for investors or end-users, with the potential to convert back into a spacious 3,000+ sq. ft. single-family home. The main and second floors offer high ceilings and bright, inviting interiors. Each level includes a full bathroom, complemented by a shared coin-operated laundry room in the basement. The vacant main floor and basement units feature separate front and rear entrances, providing excellent versatility and potential rental income. Enjoy charming curb appeal with a cedar shingle roof and a mutual driveway. A modern, detached double garage, accessed via the rear laneway, provides secure parking and exciting laneway housing potential. Ideally located just steps to Bloor Street, TTC subway, parks, and top-rated schools in one of Toronto's most vibrant neighbourhoods!
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| Type | Detached |
| Style | 3-Storey |
| Approx. Age | Not available |
| Size | 2000-2500 sq. ft. |
| Property Tax | $7,105 |
| Lot Size | 24 ft x 125.29 ft |
| mls© Number | W13513340 |
| Listed By | RE/MAX REALTY ENTERPRISES 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%
- $7,826
- Property tax
- $592
- Heat allowance
- $150
- Housing costs
- $8,568 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$264,000
gross annual household income
- Payment at 4%
- $6,434 / mo
- Cash down
- $305,800
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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