407-106 Dovercourt Road, Toronto, ON

Little Portugal, Toronto · MLS® C13156362

$619,000
For Sale
Listed 57 days ago
Request a showing
◎ Directions
1Bedrooms
1Bathrooms
0Parking
500-599Sq Ft

About this home

Modern 1-bedroom condo in the heart of Toronto's vibrant Queen West neighborhood. This bright and functional unit features an open-concept layout, contemporary finishes, and large windows offering plenty of natural light. Located steps from trendy cafes, restaurants, boutiques, galleries, TTC transit, and some of the city's best nightlife, this is urban living at its finest. An excellent opportunity for both end-users and investors alike - the current tenant is happy to stay, providing immediate rental income and a seamless investment transition. Don't miss your chance to own in one of Toronto's most sought-after communities

Key facts

Property type
Condo Apartment, Multi-Level
MLS®
C13156362
Bedrooms
1
Bathrooms
1
Size
500-599
Cross streets
King Street and Dovercourt Road
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Aluminum Siding, Brick Veneer
Maintenance
$438/mo
Exposure
West
Property tax
$2,330 / 2025
Days on market
57
Listing brokerage
IQI GLOBAL REAL ESTATE

Rooms

KitchenMain4.90 × 1.67 m

laminate · modern kitchen

Dining RoomMain5.21 × 4.24 m

laminate · combined w/living

Living RoomMain5.21 × 4.24 m

laminate · combined w/dining

BedroomMain3.47 × 2.89 m

laminate · walk-in closet(s)

Moe’s TakeTeam Asgarian · Broker
Above the wider set
$479Kest. value

Listed at $619,000, this home is tracking about 29% above a wider set of listings, though close matches were thin, so treat this as a rough read until I run a precise CMA. The number above is my independent estimate of value, not the asking price.

There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.

Based on 33 similar homes nearby, adjusted for size, beds, and baths.Median of 33 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $526K, a close match.

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 $479K estimate above is the median of all 33 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 very walkable address with everyday errands close by. Queen St West at Dovercourt Rd is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$449KGreat deal$619KOverpriced

Total price vs nearby homes. Fair value about $479K, median of 33 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.
  • Currently tenanted: confirm the lease terms and vacant-possession timing before closing.
  • Lifestyle
  • Worth verifying
Comparable listingsCurrently listed nearby in Little Portugal · asking prices
$512kavg asking

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

414-8 Dovercourt Road$589k921-20 Minowan Miikan Lane$575k308-2 Gladstone Avenue$549k1127-20 Minowan Miikan Lane$449k602-8 Gladstone Avenue$399k

The 5 closest of 8 active listings nearby.

See all comparable homes
619kThis home589k575k549k449k399kThis home vs active comparables
Live market pulseActive comparables in Little Portugal · median list $550K
$1,126this home / sqft
38active listings nearby
57days on market

This home lists 8% above the area average of $1,044/sqft.

On the market now.

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

88/ 100

Very WalkableA 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.

Most daily errands can be done on foot.

🚉 Nearest transit: Queen St West at Dovercourt Rd, about 22 m away

20+ transit stops16 grocery20+ dining20+ parks20+ pharmacies

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
$688K
Church-Yonge Corridor
$574K
Waterfront Communities C8
$998K
Annex
$1.39M
Mimico
$800K

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 · 0.5 km awayAbove the GTA average · 81% meet the provincial standard

Affordability & Mortgage

Affordability
$2,821/mo
$125KIncome needed
5.0×Price ÷ income
$651Weekly 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.

82%mortgage
Mortgage $2,821Property tax $194Condo fee $438Total carry $3,453

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 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,643per month

Mortgage amount $495,200 · 4.14% over 25 years

$123,800Down payment (20.0%)
$495,200Loan before insurance
$0CMHC premium
$3,275Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,643
Property tax
$194
Condo / maintenance fees
$438
Heating
$0
Estimated monthly cost
$3,275

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

One-time closing costs

Ontario land transfer tax
$8,855
Toronto municipal land transfer tax
$8,855
Estimated closing costs
$17,710

Plus your down payment of $123,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,210/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

$297,571Total interest paid
$792,771Total of all payments
Principal $495,200 Interest $297,571
YearPrincipalInterestBalance
1$11,601$20,110$483,599
2$12,086$19,625$471,513
3$12,592$19,119$458,921
4$13,118$18,593$445,803
5$13,667$18,044$432,136
6$14,239$17,472$417,897
7$14,834$16,877$403,063
8$15,455$16,256$387,608
9$16,101$15,610$371,507
10$16,775$14,936$354,732
11$17,476$14,234$337,256
12$18,207$13,503$319,049
13$18,969$12,742$300,080
14$19,762$11,948$280,317
15$20,589$11,122$259,728
16$21,450$10,261$238,278
17$22,347$9,363$215,931
18$23,282$8,429$192,648
19$24,256$7,455$168,392
20$25,271$6,440$143,122
21$26,328$5,383$116,794
22$27,429$4,282$89,365
23$28,576$3,135$60,789
24$29,772$1,939$31,017
25$31,017$694$0

At the end of your 5-year term

Total paid over the term
$158,554
Principal paid down
$63,064
Interest paid
$95,490
Balance remaining
$432,136

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
1.6%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.

3.3%
Gross yield
− Property tax $2,330− Condo fees $5,252− Insurance $600− Vacancy & upkeep $2,244Net operating income $9,974

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of IQI GLOBAL REAL ESTATE. MLS®/PropTx.

CallRequest a showing