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Dovercourt-Wallace Emerson-Junction, Toronto
$1,399,000
Exceptional investment opportunity in the highly desirable Dovercourt-Wallace Emerson-Junction! This well maintained detached 2-storey home features three self contained apartments, all currently tenanted by excellent long term tenants, making it a real turnkey investment or future owner occupied property. Offering approximately 1500 sqft of living space. The home showcases renovated bathrooms, hardwood floors and central air conditioning for year-round comfort. The basement offers two separate entrance, providing added convenience and flexibility outside, enjoy generously sized porch with backyard perfect for relaxing, entertaining or gardening. Ideally situated in a vibrant, family-friendly neighborhood, you'll be just steps from schools, churches, TTC transit, grocery stores, parks and a brand new community recreation centre. This is a rare opportunity to own a versatile income-generating property in one of Toronto's most sought-after communities. A must see!
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $5,218 |
| Lot Size | 19.25 ft x 121.67 ft |
| mls© Number | W13601416 |
| Listed By | Royal LePage Security Real Estate |
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%
- $7,161
- Property tax
- $435
- Heat allowance
- $150
- Housing costs
- $7,746 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$238,000
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
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