$1,299,900
Toronto
1035 Dovercourt Road, Toronto (Dovercourt-Wallace Emerson-Junction), Ontario, M6H2X7
This 5-bedroom, 4-bathroom home in Toronto is for sale offering roughly 2,250 sq ft of space. Its $1,299,900 asking price sits right in line with the $1,259,000 median in Toronto. It has been on the market 17 days, fresher than the Toronto average of 55 days.
Exceptional investment opportunity in one of Toronto's most sought-after neighbourhoods! This well-maintained 3-storey detached property offers outstanding income potential with multiple income-generating living spaces, making it an ideal addition to any investor's portfolio or a fantastic opportunity for buyers looking to offset their mortgage by living in one unit while generating rental income from the others. The versatile layout has 3-self contained units, including: 1) Basement - studio suite with living/dining space, kitchen with stove and refrigerator, and one 4-piece washroom *includes rough-in for laundry*; 2) Main floor - 1 bedroom unit with plenty of natural light, living/dining space, kitchen with S/S gas stove, one 4-piece washroom, and a 2-in-1 clothing washer/dryer; 3) Upper level - Second floor includes shared living/dining space, eat-in kitchen with S/S gas stove (shared with third-floor tenants), sunroom, a walk-out deck (2016), one bedroom, and one 4-piece washroom *second floor includes rough-in for separate laundry and dishwasher in kitchen*. Third-floor features 3 bedrooms. Primary bedroom on the third level includes an ensuite 3-piece washroom and a Juliette-balcony. Quality features include hardwood, laminate and tiled flooring throughout the property, heated bathroom floors in the 3rd floor ensuite, A/C in the home for added comfort, and more! Located just steps to TTC transit, subway access, parks, cafés, restaurants, grocery stores, and all the conveniences of vibrant city living. A rare opportunity to own a great income property in a prime Toronto location with endless potential. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Active: 17 days on market, against an average age of 55 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This 5-bed single family in Toronto (Dovercourt-Wallace Emerson-Junction) has been listed for 17 days, which is 38 days fresher than the city average of 55. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,299,900, about 15.7× the local median household income of $83,000.
Carrying it typically needs a household income of about $253,916 (20% down, 25-yr amortization, stress-tested) — roughly 206% above the area median.
Source: Statistics Canada, 2021 Census (FSA M6H)
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