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Listed 1 month ago

914 Dovercourt Road

Dovercourt-Wallace Emerson-Junction, Toronto

$1,529,000

Detached|3-Storey
4 | 4 | 2
About this home

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!

Extras

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
Style3-Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$7,105
Lot Size24 ft x 125.29 ft
mls© NumberW13513340
Listed ByRE/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.

Down payment20% · $305,800
25-yr amortization

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 check

Investment Analysis

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

Values and trends

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