$1,099,901

For sale

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1281 Davenport Road, Toronto (Dovercourt-Wallace Emerson-Junction) - Single Family for Sale

1281 Davenport Road, Toronto (Dovercourt-Wallace Emerson-Junction), Ontario, M6H2H3

3 beds2 baths2 parking

865 Dovercourt Road, Toronto (Dovercourt-Wallace Emerson-Junction), Ontario, M6H2X4

5 bd2 ba1,300 ft²Lot size 16 × 88 ft (1,376 sq ft)

Listed by ROYAL LEPAGE SIGNATURE REALTY

891 St Clarens Avenue, Toronto (Dovercourt-Wallace Emerson-Junction), Ontario, M6H3X5

For saleJust listed

Today

$1.20M

891 St Clarens Avenue, Toronto (Dovercourt-Wallace Emerson-Junction), Ontario, M6H3X5

3 bd3 ba6 pk900 ft²Lot size 29 × 120 ft (3,456 sq ft)

863 Dovercourt Road, Toronto (Dovercourt-Wallace Emerson-Junction), Ontario, M6H2X4

3 bd3 ba1,300 ft²Lot size 16 × 88 ft (1,382 sq ft)

Listed by ROYAL LEPAGE SIGNATURE REALTY

1316 Dupont Street, Toronto (Dovercourt-Wallace Emerson-Junction), Ontario, M6H2A7

For saleJust listed

2 days ago

$1.25M

1316 Dupont Street, Toronto (Dovercourt-Wallace Emerson-Junction), Ontario, M6H2A7

2 bd2 ba1,300 ft²Lot size 14 × 80 ft (1,152 sq ft)

Listed by FOREST HILL REAL ESTATE INC.

Investment analysis

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$1,099,901

Toronto

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26 × 66 ft (1,729 sq ft) lot size

Overview

This 3-bedroom, 2-bathroom home in Toronto is for sale offering roughly 1,750 sq ft of space. Listed at $1,099,901, it is attractively priced about 13% below the $1,259,000 median asking price in Toronto.

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Description

This well-located detached property offers a fantastic mixed-use investment with a ground-floor convenience store and a spacious 3-bedroom apartment upstairs. The current owners are retiring, presenting a rare chance to acquire a turnkey business with residential income in one. The property sold "As is, Where is".Property can be handed over empty at closing. (id:66096)

Property Details

MLS®: W13702334
Property Type: Single Family
Zoning: R(d0.6*739)
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 2
Interior Size: 1,750 ft²
Lot Size: 26 × 66 ft (1,729 sq ft)
Frontage: 26 ft
Storeys: 2
Basement: Unfinished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Ownership: Freehold
Property Tax: $8,607.21/yr
Listed: 76 days ago

Rooms

Second level

Bedroom: 3 x 3.6 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Refrigerator, Stove
Exterior: Brick
Lot Features: Lane

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

76d

Toronto (Dovercourt-Wallace Emerson-Junction) listings, avg age

55d

Price / ft²

$629

List price

$1.10M

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.

Haho

This 3-bed single family in Toronto (Dovercourt-Wallace Emerson-Junction) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by HOMELIFE LANDMARK REALTY INC. · WILLIAM CAI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M6H)

This home lists at $1,099,901, about 13.3× the local median household income of $83,000.

Carrying it typically needs a household income of about $214,849 (20% down, 25-yr amortization, stress-tested) — roughly 159% above the area median.

Median household income: $83,000
Population: 43,730
Median age: 38.4
Owner / renter: 49% / 52%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA M6H)

$1,099,901· $629/ft²

For sale

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Full Cost Breakdown

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Down Payment7.73% · $84,990.10

Min 7.73%50%

Mortgage payment$5,627/mo

↳ CMHC premium ($40,596 capitalized)

Property tax (est.)$717/mo

Total monthly$6,344

Cash Needed to Close

Down payment (7.73%)$84,990

Land transfer tax$36,946

Est. closing costs$5,800

Total cash needed$127,736

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