3 Innes Avenue, Toronto, ON

Corso Italia-Davenport, Toronto · MLS® W13084958

$1,199,000
For Sale
Listed 129 days agoNo offer date stated
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2+2Bedrooms
5Bathrooms
1Garage
2000-2500Sq ft

About this home

In short

  • Discover life in Corso Italia, a neighbourhood defined by warmth, energy, and everyday convenience.
  • This newly built residence delivers a fresh, modern living experience in the centre of St.
  • Piccininni Community Centre and Giovanni Caboto Rink, Pool & Tennis Courts offer endless options to keep kids active.
  • Inside, the home is designed to impress, offering bright, open-concept living with thoughtful details throughout.

Discover life in Corso Italia, a neighbourhood defined by warmth, energy, and everyday convenience. This newly built residence delivers a fresh, modern living experience in the centre of St. Clair Village, steps from Earlscourt Park and surrounded by the best of what makes this community so special. Here, daily life feels effortless. Walk to long-standing favourites like Angel's Bakery & Deli or Caledonia Bakery & Pastry, pick up your morning coffee from a local spot that knows your order, and enjoy restaurants that have been shaped by generations of families who call this area home. Spend weekends catching the game at the neighbourhood pub or ride the St. Clair LRT downtown in minutes to cheer on the Leafs or Raptors. Families are drawn to this pocket for good reason. Top schools such as St. Nicholas of Bari and F.H. Miller are nearby, while Joseph J. Piccininni Community Centre and Giovanni Caboto Rink, Pool & Tennis Courts offer endless options to keep kids active. Earlscourt Park adds even more-soccer fields, tennis courts, skating, swimming, and open green space for unplanned adventures. Inside, the home is designed to impress, offering bright, open-concept living with thoughtful details throughout. The kitchen is built for hosting, the bedrooms are private and peaceful, and the bathrooms feel like a personal spa. But the real showpiece is the expansive rooftop patio-an outdoor haven with the option to add a hot tub. Whether hosting friends, relaxing under the stars, or enjoying a quiet morning coffee, it's a space that elevates everyday living. This is not just a place to live-it's a chance to be part of a connected, thriving neighbourhood where comfort, lifestyle, and community truly come together. Corso Italia awaits.

Key facts

Property type
Townhouse, 3-Storey
MLS®
W13084958
Bedrooms
2+2 (4 total)
Bathrooms
5 (2 half)
Size
2000-2500 sq ft
Lot
13.85 × 62.14 ft
Cross streets
St. Clair/Caledonia
Parking
1 garage (built-in)
Driveway
Front Yard Parking
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Unknown
Roof
Unknown
Sewer
Sewer
Property tax
$3,276 / 2026
Days on market
129
Listing brokerage
HARVEY KALLES REAL ESTATE LTD.

Rooms

KitchenMain3.66 × 3.73 m

quartz counter · b/i appliances · open concept

Primary BedroomUpper3.50 × 3.73 m

large closet · 4 pc ensuite · w/o to balcony

BedroomLower3.65 × 4.57 m

window · double closet · 4 pc ensuite

OfficeGround3.65 × 4.57 m

large window · 2 pc bath · access to garage

Dining RoomMain2.51 × 3.96 m

large window · 2 pc bath · pot lights

Living RoomMain3.73 × 3.96 m

sunken room · electric fireplace · w/o to terrace

Bedroom 2Upper3.20 × 3.73 m

large window · closet · 3 pc ensuite

Our TakeTeam Asgarian · Broker
In line
$1.29Mest. value

Listed at $1,199,000 with no offer date, so the ask is the seller’s number, and homes priced this way sell close to it. My read is $1.29M, typically $1.19M to $1.47M. Comparable closings on their own put this home around $1.49M, so the seller is asking less than the comparables suggest: either they want a quick, clean sale or something about the home is not in the comparables. Worth seeing before you offer.

Second read, from the city assessment: $794K. That is about 47% below the comparable-sales figure. When my two methods disagree this much, the answer usually sits between them and something about this home is not in the comparables (the lot, the condition, a rebuild). I would want to see it before leaning on either number.

List price
$1.19MBelow recent closings$1.47MAbove recent closings

Total price vs nearby homes. Fair value about $1.29M, median of 7 comparables.

The market behind the math:

129days on market so far
$2,376/moest. rent · 5 leases
2.4%gross yield on the ask
This home
Below area avgAbove area avg

Price per square foot: this home lists at $533/sqft against an area asking average of $790/sqft. Size and $/sqft both feed the estimate above.

How this estimate is builtthe short version

I take the 7 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, lot frontage, a ravine backing, an inground pool), then use the median, which is steadier than leaning on any single sale.

It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $794K, lower than the comparables and worth a second look.

What the listing highlights3 points to weigh

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

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Open-concept layout: modern, sought-after flow. Lifestyle
Schools & getting aroundcatchment and transit

The assigned public school is F H Miller Junior Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

Read this with carewhy it’s an estimate, not an appraisal

There were not many closely comparable homes right in Corso Italia-Davenport, so I widened the search to the surrounding area.

Based on 7 comparable homes that sold in Corso Italia-Davenport over the past two years, from 8 closings there.

Neighbourhood & location

Corso Italia-Davenport, 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
$1.26M
Annex
$2.29M
University
$1.40M
Trinity-Bellwoods
$1.20M
Downsview-Roding-CFB
$820K

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 F H Miller Junior Public School
78%
F H Miller Junior Public SchoolPublic · Elementary · 0.4 km awayAbove the GTA average · 78% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
General Mercer Junior Public School · Public elementary0.7 km · 54% at standard
St Paul VI Catholic School · Catholic elementary0.8 km · 76% at standard
Stella Maris Catholic School · Catholic elementary0.9 km · 76% at standard
St John Bosco Catholic School · Catholic elementary0.9 km · 65% at standard
St Matthew Catholic School · Catholic elementary1.0 km · 63% at standard
Fairbank Memorial Community School · Public elementary1.2 km · 66% at standard
St Clare Catholic School · Catholic elementary1.2 km · 72% at standard
Silverthorn Community School · Public elementary1.3 km · 65% at standard
Rawlinson Community School · Public elementary1.3 km · 63% at standard
York Memorial Collegiate Institute · Public secondary1.5 km · 50% at standard
Regal Road Junior Public School · Public elementary1.5 km · 73% at standard
Fairbank Public School · Public elementary1.6 km · 59% at standard

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

Affordability & Mortgage

Affordability
$5,465/mo
$219KIncome needed
5.5×Price ÷ income
$1,261Weekly cost
$40,910Land 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.

95%mortgage
Mortgage $5,465Property tax $273Total carry $5,738

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%
$
%
4.24%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.09% via Ratehub.ca (as of September 11, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,171per month

Mortgage amount $959,200 · 4.24% over 25 years

$239,800Down payment (20.0%)
$959,200Loan before insurance
$0CMHC premium
$5,444Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,171
Property tax
$273
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,444

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

One-time closing costs

Ontario land transfer tax
$20,455
Toronto municipal land transfer tax
$20,455
Estimated closing costs
$40,910

Plus your down payment of $239,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.24%Qualifying rate
$6,275/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

$592,146Total interest paid
$1,551,346Total of all payments
Principal $959,200 Interest $592,146
YearPrincipalInterestBalance
1$22,162$39,892$937,038
2$23,112$38,942$913,926
3$24,102$37,952$889,824
4$25,135$36,919$864,689
5$26,212$35,842$838,477
6$27,335$34,719$811,142
7$28,506$33,548$782,636
8$29,728$32,326$752,908
9$31,002$31,052$721,906
10$32,330$29,724$689,576
11$33,715$28,338$655,861
12$35,160$26,894$620,701
13$36,667$25,387$584,034
14$38,238$23,816$545,797
15$39,876$22,178$505,920
16$41,585$20,469$464,335
17$43,367$18,687$420,969
18$45,225$16,829$375,744
19$47,163$14,891$328,581
20$49,184$12,870$279,397
21$51,291$10,763$228,105
22$53,489$8,565$174,616
23$55,781$6,273$118,835
24$58,171$3,883$60,664
25$60,664$1,390$0

At the end of your 5-year term

Total paid over the term
$310,269
Principal paid down
$120,723
Interest paid
$189,547
Balance remaining
$838,477

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 5 whole-home leases in Corso Italia-Davenport$2,376/mo
$28,512Gross annual rent
1.7%Cap rate after taxes and upkeep
$2,091 to $2,915Typical rent range

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 5 whole-home leases in Corso Italia-Davenport signed at a median of $1,500 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,376. 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.

2.4%
Gross yield
− Property tax $3,276− Insurance $1,400− Vacancy & upkeep $3,136Net operating income $20,700

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

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