$1,259,000

For sale

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43 Lappin Avenue, Toronto (Dovercourt-Wallace Emerson-Junction) - Single Family for Sale

43 Lappin Avenue, Toronto (Dovercourt-Wallace Emerson-Junction), Ontario, M6H1Y3

3 beds2 baths4 parking ft²

729 Gladstone Avenue, Toronto (Dovercourt-Wallace Emerson-Junction), Ontario, M6H3J5

4 bd4 ba1 pk2,250 ft²Lot size 23 × 149 ft (3,353 sq ft)

Listed by ROYAL LEPAGE SIGNATURE REALTY

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

For saleJust listed

Today

$850K

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

Yesterday

$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

Investment analysis

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$1,259,000

Toronto

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30 × 125 ft (3,750 sq ft) lot size

Overview

This 3-bedroom, 2-bathroom home in Toronto is for sale offering roughly 1,750 sq ft of space. Its $1,259,000 asking price sits right in line with the $1,259,000 median in Toronto. It has been on the market 10 days, fresher than the Toronto average of 54 days.

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Description

An exceptional opportunity in Toronto's vibrant Wallace Emerson neighbourhood, 43 Lappin Avenue is close to local cafés, shops, parks and schools, with convenient access to TTC service along Dufferin and the Bloor subway. This generously sized detached home offers a private drive, laneway access and a detached garage, with potential for a garden suite, subject to municipal approvals. Brimming with possibilities, this property invites you to renovate, reimagine and create a remarkable home in a dynamic west-end community. (id:66096)

Property Details

MLS®: W14118248
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Parking: 4
Interior Size: 1,750 ft²
Lot Size: 30 × 125 ft (3,750 sq ft)
Frontage: 30 ft
Storeys: 2
Basement: Unfinished, N/A
Heating: Natural gas
Cooling: None
Garage: Detached Garage, Garage
Ownership: Freehold
Property Tax: $6,469/yr
Listed: 10 days ago

Rooms

Main level

Foyer: 1.55 x 7.46 meters
Living room: 3.21 x 3.48 meters
Dining room: 3.64 x 3.78 meters
Family room: 3.34 x 4.57 meters
Kitchen: 1.85 x 3.98 meters

Lower level

Utility room: 2.22 x 2.81 meters
Recreational, Games room: 4.86 x 4.22 meters
Utility room: 2.97 x 7.7 meters

Second level

Primary Bedroom: 5.29 x 2.84 meters
Bedroom 2: 3.1 x 3.48 meters
Bedroom 3: 4.86 x 3.2 meters

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

Features

Foundation: Concrete
Exterior: Brick
Lot Features: Carpet Free

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

10d

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

54d

Price / ft²

$719

List price

$1.26M

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) has been listed for 10 days, which is 44 days fresher than the city average of 54. Act while there is still low competition.

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Listed by ROYAL LEPAGE TERREQUITY REALTY · DENNIS DIEMERT

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M6H)

This home lists at $1,259,000, about 15.2× the local median household income of $83,000.

Carrying it typically needs a household income of about $245,927 (20% down, 25-yr amortization, stress-tested) — roughly 196% 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)

$1,259,000· $719/ft²

For sale

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Full Cost Breakdown

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Down Payment8.01% · $100,900

Min 8.01%50%

Mortgage payment$6,421/mo

↳ CMHC premium ($46,324 capitalized)

Property tax (est.)$539/mo

Total monthly$6,960

Cash Needed to Close

Down payment (8.01%)$100,900

Land transfer tax$43,310

Est. closing costs$6,277

Total cash needed$150,487

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice