1015-816 Lansdowne Avenue, Toronto, ON

Dovercourt-Wallace Emerson-Junction, Toronto · MLS® W12663834

$525,000
For Sale
Listed 287 days agoNo offer date statedSitting longer than typical
Request a showing
◎ Directions
1Bedrooms
1Bathrooms
1Garage
500-599Sq ft

About this home

In short

  • Great amenities and location.
  • 8 Min Walk To Subway Station.
  • TTC at the door and only mins walk to Subway.
  • Close To High Park, Dufferin Mall And Shoppers Drug Mart. EXTRAS Basketball Court, Party Room, Exercise Room, Billiards Room, Games Room, Yoga Studio, Sauna.

Great amenities and location! TTC At Your Door Step. 8 Min Walk To Subway Station. GO Train Or Up Express. Bright and spacious one bedroom featuring an oversized bedroom, lots of storage space, U shaped Kitchen with Granite counter-top and owned parkingspace and locker! TTC at the door and only mins walk to Subway. Only mins to Dufferin Mall, Groceries, restaurants etc. Close To High Park, Dufferin Mall And Shoppers Drug Mart. **EXTRAS** Basketball Court, Party Room, Exercise Room, Billiards Room, Games Room, Yoga Studio, Sauna. Parking & Locker.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W12663834
Bedrooms
1
Bathrooms
1
Size
500-599 sq ft
Cross streets
S/Dupont & W/Lansdowne
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$551/mo
Exposure
South East
Property tax
$2,104 / 2025
Days on market
287
Listing brokerage
HOMELIFE REGIONAL REALTY LTD.

Rooms

KitchenFlat2.50 × 2.25 m

granite counters · stainless steel appl · b/i dishwasher

Living RoomFlat5.50 × 4.03 m

laminate · combined w/dining · w/o to balcony

BedroomFlat5.00 × 3.00 m

broadloom · large closet · irregular room

Dining RoomFlat5.50 × 4.03 m

laminate · combined w/living · open concept

Our TakeTeam Asgarian · Broker
A small discount is typical
$509Klikely sale price

Listed at $525,000. Going by how homes in Dovercourt-Wallace Emerson-Junction and the wider GTA have actually closed against their asking prices (about 97%, 18 local closings in 90 days), the likely sale price is near $509K, if it sells. A realistic range is $479K to $551K.

Independent value check: no figure for this home. Going only by the sales record, our model lands more than 25% below the ask. At that distance an automated figure has rarely been close to the eventual sale price, so we are not printing one. The usual reason is something the record cannot show: a rebuild, a second unit, or a lot or setting unlike the homes around it.

Longer on the market than typical. 287 days on the market against about 47 for homes like it here, and asking 29% above where comparable closings put it.

List price
$479KBelow recent closings$551KAbove recent closings

Total price vs nearby homes. Likely closing about $509K, from 18 recent closings in this pocket.

The market behind the math:

18sold nearby · 90 days
$433Kmedian sold price
94%of asking, on average
−26%prices vs a year ago
~39 dayshomes like this take to sell
287days on market so far
$2,023/moest. rent · 9 leases
4.6%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 3.2 months of inventory: 19 condo apartment homes for sale in the area against 18 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $955/sqft against an area asking average of $843/sqft.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.

It never sees the asking price. The 18 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $415K. Condition and finishes remain an in-person call.

What the listing highlights1 point to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit

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

Based on 22 homes sold in this building over the past two years, from 119 closings in Dovercourt-Wallace Emerson-Junction.

What sellers nearby are askingCurrently listed nearby in Dovercourt-Wallace Emerson-Junction · asking prices
$433kavg asking

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

Per square foot, these ask about $765/sqft; this home lists at $955/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 7 active listings nearby.

See all comparable homes
525kThis home499k450k409k389k420kThis home vs active comparables

Sold price trend

Median sold price for condos in Toronto: $540K in September 2026, down 4% from a year ago, on 10,804 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Toronto as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$589K1052
November 2025$569K834
December 2025$545K659
January 2026$565K593
February 2026$575K722
March 2026$565K974
April 2026$565K1042
May 2026$560K1011
June 2026$558K1120
July 2026$560K1030
August 2026$548K882
September 2026$540K885

Neighbourhood & location

Dovercourt-Wallace Emerson-Junction, 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.

Nearby neighbourhoods

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

Little Portugal
$549K
Niagara
$724K
Kensington-Chinatown
$585K
Waterfront Communities C1
$610K
North St. James Town
$765K

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 Perth Avenue Junior Public School
77%
Perth Avenue Junior Public SchoolPublic · Elementary · 0.5 km awayAbove the GTA average · 77% meet the provincial standard
ALPHA II Alternative SchoolEQAO results not published
ALPHA II Alternative SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
St Luigi Catholic School · Catholic elementary0.5 km · 36% at standard
St Rita Catholic School · Catholic elementary0.7 km · 73% at standard
Pauline Junior Public School · Public elementary0.8 km · 76% at standard
Dovercourt Public School · Public elementary0.9 km · 62% at standard
St Mary of the Angels Catholic School · Catholic elementary0.9 km · 76% at standard
Lucy McCormick Senior School · Public elementary1.0 km
St Anthony Catholic School · Catholic elementary1.1 km · 78% at standard
Indian Road Crescent Junior Public School · Public elementary1.1 km · 88% at standard
Regal Road Junior Public School · Public elementary1.1 km · 73% at standard
Bishop Marrocco/Thomas Merton Catholic Secondary School · Catholic secondary1.1 km · 55% at standard
Bloor Collegiate Institute · Public secondary1.1 km · 82% at standard
Caring and Safe School 4 · Public secondary1.1 km

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$2,393/mo
$110KIncome needed
4.8×Price ÷ income
$552Weekly cost
$13,950Land transfer tax, one-time (Ontario + Toronto)
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.

77%mortgage
Mortgage $2,393Property tax $175Condo fee $551Total carry $3,119

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,322per month

Mortgage amount $420,000 · 4.49% over 25 years

$105,000Down payment (20.0%)
$420,000Loan before insurance
$0CMHC premium
$3,049Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,322
Property tax
$175
Condo / maintenance fees
$551
Heating
$0
Estimated monthly cost
$3,049

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

One-time closing costs

Ontario land transfer tax
$6,975
Toronto municipal land transfer tax
$6,975
Estimated closing costs
$13,950

Plus your down payment of $105,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,811/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

$276,676Total interest paid
$696,676Total of all payments
Principal $420,000 Interest $276,676
YearPrincipalInterestBalance
1$9,373$18,494$410,627
2$9,798$18,069$400,829
3$10,243$17,624$390,586
4$10,708$17,159$379,878
5$11,194$16,673$368,684
6$11,703$16,164$356,981
7$12,234$15,633$344,747
8$12,789$15,078$331,958
9$13,370$14,497$318,588
10$13,977$13,890$304,611
11$14,612$13,255$289,999
12$15,275$12,592$274,724
13$15,969$11,898$258,755
14$16,694$11,173$242,061
15$17,452$10,415$224,609
16$18,244$9,623$206,365
17$19,072$8,795$187,293
18$19,938$7,929$167,354
19$20,844$7,023$146,511
20$21,790$6,077$124,721
21$22,779$5,088$101,941
22$23,814$4,053$78,127
23$24,895$2,972$53,232
24$26,025$1,842$27,207
25$27,207$660$0

At the end of your 5-year term

Total paid over the term
$139,335
Principal paid down
$51,316
Interest paid
$88,019
Balance remaining
$368,684

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
From 9 whole-home leases in Dovercourt-Wallace Emerson-Junction$2,023/mo
$24,276Gross annual rent
2.3%Cap rate after taxes and upkeep
$1,861 to $2,185Typical rent range
~18 daysTo find a tenant, on average

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

Talk about the numbers

The last 9 whole-home leases in Dovercourt-Wallace Emerson-Junction signed at a median of $2,200 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,023. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

4.6%
Gross yield
− Property tax $2,104− Condo fees $6,612− Insurance $600− Vacancy & upkeep $2,670Net operating income $12,290

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

CallRequest a showing