$1,299,000
Toronto
122 Emerson Avenue, Toronto (Dovercourt-Wallace Emerson-Junction), Ontario, M6H3T1
This 5-bedroom, 3-bathroom home in Toronto is for sale offering roughly 1,750 sq ft of space. Its $1,299,000 asking price sits right in line with the $1,259,000 median in Toronto. It has been on the market 11 days, fresher than the Toronto average of 54 days.
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 cafes, 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. (id:66096)
Features and services as supplied by the listing brokerage.
Active: 11 days on market, against an average age of 54 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 11 days, which is 43 days fresher than the city average of 54. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,299,000, about 15.7× the local median household income of $83,000.
Carrying it typically needs a household income of about $253,740 (20% down, 25-yr amortization, stress-tested) — roughly 206% above the area median.
Source: Statistics Canada, 2021 Census (FSA M6H)
Pick a time that suits you. A verified local agent confirms within 24h.
Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice




Estimate the monthly cashflow if you bought this home as a rental. Every figure below is an editable estimate. This is education only, not financial advice.
Enter the monthly rent you expect, or adjust our estimate.
Enter an estimated monthly rent to see the cashflow.
Estimates only, not a mortgage approval or financial advice. Rate, taxes, and allowances are assumptions you can edit above.
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.