$850,000

For saleJust listed

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

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

5 beds2 baths parking

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

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

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

For saleJust listed

3 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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$850,000

Toronto

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16 × 88 ft (1,376 sq ft) lot size

Overview

This 5-bedroom, 2-bathroom home in Toronto is for sale offering roughly 1,300 sq ft of space. Listed at $850,000, it is attractively priced about 32% below the $1,259,000 median asking price in Toronto. It has been on the market 0 days, fresher than the Toronto average of 54 days.

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Description

Fantastic residential and investment opportunity located at 865 Dovercourt Road, offering versatile all-residential use with strong income potential or a blank canvas for future customization. Being sold "As is, where is," this semi-detached property functions essentially as one continuous building alongside its sibling at 863 Dovercourt Road. This presents savvy investors with an exceptional opportunity to acquire both side-by-side properties together to unlock a prime dual-property asset with incredible long-term upside. (id:66096)

Property Details

MLS®: W14154900
Property Type: Single Family
Bedrooms: 5
Beds (above / below): 4 above · 1 below
Bathrooms: 2
Parking: 0
Interior Size: 1,300 ft²
Lot Size: 16 × 88 ft (1,376 sq ft)
Frontage: 16 ft
Storeys: 2
Basement: Finished, Partial, Separate entrance, Walk out, N/A, N/A
Heating: Natural gas
Cooling: Window air conditioner
Garage: No Garage
Ownership: Freehold
Property Tax: $5,134.79/yr
Listed: Today

Features

Foundation: Brick
Exterior: Brick

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

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

54d

Price / ft²

$654

List price

$850K

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 5-bed single family in Toronto (Dovercourt-Wallace Emerson-Junction) has been listed for 0 days, which is 54 days fresher than the city average of 54. Act while there is still low competition.

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Listed by ROYAL LEPAGE SIGNATURE REALTY · DEMETRIOS JIM SAIROGLOU

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M6H)

This home lists at $850,000, about 10.2× the local median household income of $83,000.

Carrying it typically needs a household income of about $166,035 (20% down, 25-yr amortization, stress-tested) — roughly 100% 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)

$850,000· $654/ft²

For sale

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Full Cost Breakdown

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Down Payment7.06% · $60,000

Min 7.06%50%

Mortgage payment$4,380/mo

↳ CMHC premium ($31,600 capitalized)

Property tax (est.)$428/mo

Total monthly$4,808

Cash Needed to Close

Down payment (7.06%)$60,000

Land transfer tax$26,950

Est. closing costs$5,050

Total cash needed$92,000

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