57 Shanly Street, Toronto, ON
Dovercourt-Wallace Emerson-Junction, Toronto · MLS® W13240582
About this home
The perfect duplex in Dovercourt Village, complete with a basement apartment-offering a total of three self-contained units. This property is full of endless potential. Featuring a double-car garage at the rear with garden suite potential, plus a private driveway accommodating up to three additional vehicles, it's no surprise this home has been cherished by the same family for years. Enjoy windows in every room and durable laminate and tile flooring throughout. Main floor unit offers a spacious three-bedroom layout with an L-shaped eat-in kitchen, a gas stove on the main floor for the culinary chef. and laminate and tile flooring throughout. The bathroom has been renovated, and the unit includes access to a private backyard deck. Second-floor unit features two generous bedrooms, a bright kitchen with a window, and the convenience of ensuite laundry. Basement unit includes a separate entrance, a four-piece bathroom, and has been waterproofed on the west side of the home. It also offers a spacious bedroom with a closet. Ideally located just minutes from Bloor Street shops, Dovercourt Park, Christie Pits, and a short walk to Dufferin subway station.
Key facts
- Property type
- Other, 2-Storey
- MLS®
- W13240582
- Bedrooms
- 6 (5 + 1)
- Bathrooms
- 3
- Size
- 1100-1500
- Lot
- 23.98 × 132.2 ft
- Cross streets
- Bloor Street and Dovercourt Road.
- Parking
- 2 garage · 5 parking (detached)
- Driveway
- Private
- Basement
- Apartment
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete, Unknown
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $6,568 / 2025
- Days on market
- 48
- Listing brokerage
- RE/MAX ULTIMATE REALTY INC.
Rooms
laminate · window · closet
tile floor · picture window · fluorescent
tile floor · led lighting · closet
vinyl floor · overlooks backyard · led lighting
4 pc bath · tile floor · window
laminate · led lighting · window
laminate · led lighting · window
tile floor · combined w/kitchen · fluorescent
3 pc bath · tile floor · b/i vanity
double sink · tile floor · window
tile floor · led lighting · window
laminate · window · overlooks backyard
Listed at $1,448,000, this home is within the range of comparable homes, on the higher side. The number above is my independent estimate of value, not the asking price.
In Dovercourt-Wallace Emerson-Junction lately, sellers have been getting about 102% of asking and homes sell in about 22 days.
Based on 52 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 52 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.30M, a close match. 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, sold for $1.22M
- Bedrooms +$42K
- Adjusts to $1.26M
That comparable adjusts to $1.26M; the $1.28M estimate above is the median of all 52 comparables, which is steadier than any single home.This estimate is grounded in actual closing prices from the last 15 months, not asking prices. Lot, condition, and finishes 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.
Total price vs nearby homes. Fair value about $1.28M, median of 52 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.
- Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
- Garden / laneway suite potential: extra-unit upside, but confirm zoning and feasibility with the city. Worth verifying
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest active listings nearby.
See all comparable homesThis home lists 28% above the area average of $872/sqft.
On the market now.
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Dovercourt-Wallace Emerson-Junction, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Affordability & Mortgage
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.
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
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 23, 2026); conventional rates run a little higher.
Mortgage amount $1,158,400 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $6,182
- Property tax
- $547
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $6,729
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $25,435
- Toronto municipal land transfer tax
- $25,435
- Estimated closing costs
- $50,870
Plus your down payment of $289,600. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $370,899
- Principal paid down
- $147,523
- Interest paid
- $223,377
- Balance remaining
- $1,010,877
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.
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
Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX ULTIMATE REALTY INC.. MLS®/PropTx.