2nd Fl-19 Armstrong Avenue, Toronto, ON

Dovercourt-Wallace Emerson-Junction, Toronto · MLS® W13144650

$1,950/mo
For Lease
Listed 64 days ago
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2Bedrooms
1Bathrooms
1Parking
700-1100Sq Ft

About this home

This listing is for a beautiful apartment on 2nd floor in a Semi-Detached Home. Ten minutes walk to Subway and TTC. Gorgeous neighbourhood. 2 bedrooms, One Kitchen and one 3 piece washroom. One of the two parking spots by the back lane. No washer and dryer. Utilites shared with the other apartment.

Key facts

Property type
Semi-Detached, 2-Storey
MLS®
W13144650
Bedrooms
2
Bathrooms
1
Size
700-1100
Lot
18 × 123 ft
Cross streets
Dufferin/Dupont
Parking
1 parking
Basement
None
Heating
Forced Air
A/C
None
Exterior
Brick
Foundation
Concrete
Roof
Shingles
Sewer
Sewer
Days on market
64
Listing brokerage
HOMELIFE LANDMARK REALTY INC.

Rooms

BedroomSecond3.91 × 2.93 m

Hardwood Floor

KitchenSecond3.45 × 2.90 m
BedroomSecond2.93 × 2.81 m

Hardwood Floor

Moe’s TakeTeam Asgarian · Broker
Below comparables
$2,414/moest. value

Listed at $1,950/mo, this rental is about 19% below comparable rentals, worth a close look. The number above is my independent estimate of value, not the asking price.

In Dovercourt-Wallace Emerson-Junction lately, landlords have been getting about 99% of asking and homes lease in about 31 days.

Based on 76 similar rentals that recently leased nearby, adjusted for size, beds, and baths.Median of 76 recently leased comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The comparable range is wide here, so treat this as a rough read until I run a full CMA.

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, leased for $3,100/mo
  • Adjusts to $3,100/mo

That comparable adjusts to $3,100/mo; the $2,414/mo estimate above is the median of all 76 comparables, which is steadier than any single home.This estimate is grounded in actual lease prices from the last 15 months, not asking prices. Condition, finishes, and exact inclusions are still my in-person call.

The assigned public school is Pauline 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.

List price
$1,950/moBelow market$3,100/moAbove market

Total price vs nearby homes. Fair value about $2,414/mo, median of 76 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.

  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Comparable listingsCurrently listed nearby in Dovercourt-Wallace Emerson-Junction · asking prices
$2,028avg asking

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

2nd Floor-389 Westmoreland Avenue$1,950Lower-1012 Ossington Avenue$2,000Basement-967 Dovercourt Road$2,200Basement-9 Southview Avenue$1,590main-143 Symington Avenue$2,400

The 5 closest active listings nearby.

See all comparable homes
1,950This home1,9502,0002,2001,5902,400This home vs active comparables
Live market pulseActive comparables in Dovercourt-Wallace Emerson-Junction · median list $2K
14active listings nearby
64days on market
100leased nearby · 90 days
$2Kmedian leased price
99%of asking, on average

59 days longer than the Toronto average (5 days).

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.

Nearby neighbourhoods

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

Dufferin Grove
$4K
Little Portugal
$4K
Palmerston-Little Italy
$2K
Trinity-Bellwoods
$3K
South Riverdale
$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 Pauline Junior Public School
76%
Pauline Junior Public SchoolPublic · Elementary · 0.2 km awayAbove the GTA average · 76% 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 23, 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 LANDMARK REALTY INC.. MLS®/PropTx.

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