414-8 Dovercourt Road, Toronto, ON

Little Portugal, Toronto · MLS® C12842322

$589,000
For Sale
Listed 136 days ago
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1Bedrooms
1Bathrooms
1Garage
500-599Sq Ft

About this home

Live In The Heart Of Downtown & Walk To Work/Leisure. Stunning One Bedroom Condo w/ Functional Layout. Hardwood Floor & Pot Lights. Modern Kitchen w/ Centre Island Seating and B/I Stainless Steel Appliance. Spacious Open Concept Bedroom w/ Sliding Door & Double-Door Closet Organizers. Beautiful View From Balcony. Close To Gardiner Expy, Street Car, Public Transit, Restaurants. Amenities Incl Gym, Party Rm, Excise Room & Garden Rooftop. Include One Parking and One Locker. Good for Downsizing or First Time Buyer. (Photos are from Previous Listing)

Key facts

Property type
Condo Apartment, Apartment
MLS®
C12842322
Bedrooms
1
Bathrooms
1
Size
500-599
Cross streets
Queen St W / Dovercourt
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$497/mo
Exposure
East
Property tax
$2,587 / 2026
Days on market
136
Listing brokerage
RE/MAX TRILLION REALTY

Rooms

Dining RoomGround4.01 × 3.10 m

combined w/living · hardwood floor · open concept

Primary BedroomGround3.10 × 2.79 m

hardwood floor · sliding doors · closet organizers

KitchenGround3.10 × 3.02 m

centre island · stainless steel appl · corian counter

Living RoomGround4.01 × 3.10 m

combined w/dining · hardwood floor · w/o to balcony

Moe’s TakeTeam Asgarian · Broker
Above comparables
$470Kest. value

Listed at $589,000, this home is about 25% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

Based on 19 similar homes nearby, adjusted for size, beds, and baths.Median of 19 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $583K, higher than the comparables and worth a second look.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $399K
  • Adjusts to $399K

That comparable adjusts to $399K; the $470K estimate above is the median of all 19 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

Its public catchment (Givins/Shaw Junior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

On location, this is a more car-dependent spot, so buyers here typically drive. Transit is limited nearby. Worth weighing if transit access matters to you.

List price
$414KGreat deal$589KOverpriced

Total price vs nearby homes. Fair value about $470K, median of 19 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Open-concept layout: modern, sought-after flow.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Lifestyle
  • Value driver
Comparable listingsCurrently listed nearby in Little Portugal · asking prices
$496kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

921-20 Minowan Miikan Lane$575k308-2 Gladstone Avenue$549k602-8 Gladstone Avenue$399k411-200 Sudbury Street$460k

The 4 closest active listings nearby.

See all comparable homes
589kThis home575k549k399k460kThis home vs active comparables
Live market pulseActive comparables in Little Portugal · median list $550K
$1,072this home / sqft
22active listings nearby
136days on market

This home lists 19% above the area average of $901/sqft.

135 days longer than the Toronto average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Little Portugal, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

0/ 100

Car-DependentA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Almost all errands require a car.

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Waterfront Communities C1
$777K
Church-Yonge Corridor
$672K
Annex
$929K
Mimico
$852K
Willowdale East
$489K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Givins/Shaw Junior Public School
81%
Givins/Shaw Junior Public SchoolPublic · Elementary · 0.6 km awayAbove the GTA average · 81% meet the provincial standard

Affordability & Mortgage

Affordability
$2,684/mo
$122KIncome needed
4.8×Price ÷ income
$619Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

79%mortgage
Mortgage $2,684Property tax $216Condo fee $497Total carry $3,397

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,514per month

Mortgage amount $471,200 · 4.14% over 25 years

$117,800Down payment (20.0%)
$471,200Loan before insurance
$0CMHC premium
$3,227Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,514
Property tax
$216
Condo / maintenance fees
$497
Heating
$0
Estimated monthly cost
$3,227

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$8,255
Toronto municipal land transfer tax
$8,255
Estimated closing costs
$16,510

Plus your down payment of $117,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,054/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$283,149Total interest paid
$754,349Total of all payments
Principal $471,200 Interest $283,149
YearPrincipalInterestBalance
1$11,039$19,135$460,161
2$11,500$18,674$448,661
3$11,981$18,193$436,680
4$12,483$17,691$424,197
5$13,005$17,169$411,193
6$13,549$16,625$397,644
7$14,115$16,059$383,529
8$14,706$15,468$368,823
9$15,321$14,853$353,502
10$15,962$14,212$337,540
11$16,629$13,545$320,911
12$17,325$12,849$303,586
13$18,050$12,124$285,536
14$18,805$11,369$266,732
15$19,591$10,583$247,141
16$20,411$9,763$226,730
17$21,264$8,910$205,465
18$22,154$8,020$183,312
19$23,081$7,093$160,231
20$24,046$6,128$136,185
21$25,052$5,122$111,133
22$26,100$4,074$85,034
23$27,191$2,983$57,842
24$28,329$1,845$29,514
25$29,514$660$0

At the end of your 5-year term

Total paid over the term
$150,870
Principal paid down
$60,007
Interest paid
$90,862
Balance remaining
$411,193

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$1,700/mo
$20,400Gross annual rent
1.5%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

3.5%
Gross yield
− Property tax $2,587− Condo fees $5,958− Insurance $600− Vacancy & upkeep $2,244Net operating income $9,011

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX TRILLION REALTY. MLS®/PropTx.

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