409-758 Dovercourt Road, Toronto, ON

Dovercourt-Wallace Emerson-Junction, Toronto · MLS® W12962334

$1,950/mo
For Lease
Listed 103 days ago
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1Bedrooms
1Bathrooms
0Parking
500-599Sq Ft

About this home

Welcome to Motto Condos, where modern design meets effortless urban living. This brand new, never-lived-in south-facing studio suite offers a bright and efficient layout, perfect for comfortable city living.Expansive floor-to-ceiling windows fill the space with natural sunlight throughout the day, creating a warm and inviting atmosphere. The open-concept design is complemented by wide plank flooring and a seamless flow between living, dining, and sleeping areas, maximizing both function and style.The contemporary kitchen features sleek matte cabinetry, stone countertops, a stylish tile backsplash, and a full appliance package, providing everything needed for everyday living.This pristine, never-occupied unit includes roller sunscreen shades and smart home features such as digital entry and programmable climate control for added convenience.Residents of Motto Condos enjoy premium amenities including a fitness centre, co-working spaces, and a landscaped rooftop terrace with BBQs.Ideally located in the vibrant Dovercourt-Wallace Emerson-Junction neighbourhood, just steps to transit, parks, cafes, and local dining.Perfect for professionals or students seeking a modern, move-in ready space in one of Toronto's most dynamic communities.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W12962334
Bedrooms
1
Bathrooms
1
Size
500-599
Cross streets
Bloor St W & Dovercourt Rd
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Exposure
South
Days on market
103
Listing brokerage
HOMELIFE NEW WORLD REALTY INC.
Moe’s TakeTeam Asgarian · Broker
In line
$2,050/moest. value

Listed at $1,950/mo, this rental is right in line with comparable rentals. The number above is my independent estimate of value, not the asking price.

Based on 7 similar rentals nearby, adjusted for size, beds, and baths.Median of 7 comparable active listings, adjusted for size, beds, and baths.

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 $2,080/mo
  • Adjusts to $2,080/mo

That comparable adjusts to $2,080/mo; the $2,050/mo estimate above is the median of all 7 comparables, which is steadier than any single home.This uses comparable active listings, not leased-deal prices. Condition, finishes, and exact inclusions are my in-person call.

The assigned public school is Dovercourt Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full 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
$1,950/moBelow market$2,150/moAbove market

Total price vs nearby homes. Fair value about $2,050/mo, median of 7 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.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Lifestyle
  • Value driver
Comparable listingsCurrently listed nearby in Dovercourt-Wallace Emerson-Junction · asking prices
$1,996avg asking

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

1211-812 Lansdowne Avenue$1,950911-812 Lansdowne Avenue$2,050Ph01-858 Dupont Street$2,080806-10 Graphophone Grove$2,150509-1407 Dupont Street$1,750

The 5 closest of 7 active listings nearby.

See all comparable homes
1,950This home1,9502,0502,0802,1501,750This home vs active comparables
Live market pulseActive comparables in Dovercourt-Wallace Emerson-Junction · median list $2K
32active listings nearby
103days on market

On the market now.

View comparable listings

Not enough sq ft data to place this home on the area price curve.

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.

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.

Kensington-Chinatown
$2K
Bay Street Corridor
$3K
Waterfront Communities C1
$3K
Church-Yonge Corridor
$2K
Mount Pleasant West
$3K

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 Dovercourt Public School
62%
Dovercourt Public SchoolPublic · Elementary · 0.8 km awayBelow the GTA average · 62% meet the provincial standard
ALPHA II Alternative SchoolEQAO results not published

Affordability & Mortgage

Affordability
$9/mo
$4KIncome needed
0.5×Price ÷ income
$2Weekly 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.

88%mortgage
Mortgage $9Property tax $1Total carry $10

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)
$8per month

Mortgage amount $1,560 · 4.14% over 25 years

$390Down payment (20.0%)
$1,560Loan before insurance
$0CMHC premium
$10Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8
Property tax
$1
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$10

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

One-time closing costs

Ontario land transfer tax
$10
Toronto municipal land transfer tax
$10
Estimated closing costs
$20

Plus your down payment of $390. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$10/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

$937Total interest paid
$2,497Total of all payments
Principal $1,560 Interest $937
YearPrincipalInterestBalance
1$37$63$1,523
2$38$62$1,485
3$40$60$1,446
4$41$59$1,404
5$43$57$1,361
6$45$55$1,316
7$47$53$1,270
8$49$51$1,221
9$51$49$1,170
10$53$47$1,117
11$55$45$1,062
12$57$43$1,005
13$60$40$945
14$62$38$883
15$65$35$818
16$68$32$751
17$70$29$680
18$73$27$607
19$76$23$530
20$80$20$451
21$83$17$368
22$86$13$282
23$90$10$191
24$94$6$98
25$98$2$0

At the end of your 5-year term

Total paid over the term
$499
Principal paid down
$199
Interest paid
$301
Balance remaining
$1,361

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.

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

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