332 Delaware Avenue, Toronto, ON

Dovercourt-Wallace Emerson-Junction, Toronto · MLS® W13455128

$1,699,000
For Sale
Listed 31 days ago
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6Bedrooms
4Bathrooms
15Garage · 25 parking
1500-2000Sq Ft

About this home

Welcome To 332 Delaware Avenue - A Renovated, Turn-Key Semi-Detached House In The Heart Of Toronto's Vibrant Dovercourt Village, featuring 2 legal secondary suites. This versatile 3-storey property offers three self-contained units, each with its own kitchen and living space, making it ideal for owner-occupants seeking rental income, multi-generational families, or investors. Offering a total of 6 bedrooms and 4 bathrooms, the home features functional layouts, engineered hardwood flooring, modern kitchens with quartz countertops and a legal basement apartment with a separate entrance, providing excellent income potential. Extensively updated throughout, including electrical, plumbing, ductwork, furnace, roof, and tankless hot water system. Soundproofing and fire-rated separations enhance comfort and peace of mind. The private backyard offers a rare urban retreat with optional sauna and hot tub, while the detached garage, laneway access, and parking for 2 vehicles add everyday convenience. Situated on a deep lot with potential for a future laneway suite ( buyer to verify). Located steps to Bloor street, Ossington, Parks, Cafes, Restaurants, and TTC Subway access. Walk Score 94 and Transit Score 95. A rate opportunity to own a fully upgraded, income generating property in one of Toronto's most sought-after neighbourhoods.

Key facts

Property type
Semi-Detached, 3-Storey
MLS®
W13455128
Bedrooms
6
Bathrooms
4
Size
1500-2000
Lot
17.5 × 125 ft
Cross streets
Bloor St. W. & Ossington Ave.
Parking
15 garage · 25 parking (detached)
Driveway
Lane
Basement
Finished with Walk-Out, Separate Entrance
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete, Stone
Roof
Shingles
Sewer
Sewer
Property tax
$7,254 / 2025
Days on market
31
Listing brokerage
BRIDLEPATH PROGRESSIVE REAL ESTATE INC.

Rooms

BathroomBasement9.31 × 5.44 m
KitchenBasement10.41 × 8.74 m
BedroomBasement12.85 × 11.66 m
Bedroom 2Third10.13 × 9.14 m
BedroomSecond14.77 × 10.47 m
BedroomMain10.14 × 13.33 m
KitchenMain14.74 × 10.67 m
KitchenSecond11.16 × 9.39 m
LaundryBasement8.70 × 6.96 m

3 Pc Bath

BathroomSecond7.72 × 4.89 m
Bedroom 2Second11.83 × 9.43 m
BathroomMain8.64 × 5.18 m
BedroomThird15.30 × 9.43 m
Moe’s TakeTeam Asgarian · Broker
Above the wider set
$1.39Mest. value

Listed at $1,699,000, this home is tracking about 22% above a wider set of listings, though close matches were thin, so treat this as a rough read until I run a precise CMA. The number above is my independent estimate of value, not the asking price.

There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.

Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.46M, 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, listed at $1.00M
  • Bathrooms +$30K
  • Adjusts to $1.03M

That comparable adjusts to $1.03M; the $1.39M estimate above is the median of all 5 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

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 very walkable address with everyday errands close by. Dovercourt Rd at Shanly St is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$1.03MGreat deal$1.70MOverpriced

Total price vs nearby homes. Fair value about $1.39M, median of 5 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.
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Income potential
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby in Dovercourt-Wallace Emerson-Junction · asking prices
$1.21Mavg asking

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

806 Gladstone Avenue$1.65M275 Salem Avenue$1.00M918 Ossington Avenue$1.15M97 Pendrith Street$1.27M810 Ossington Avenue$988k

The 5 closest active listings nearby.

See all comparable homes
1.70MThis home1.65M1.00M1.15M1.27M988kThis home vs active comparables
Live market pulseActive comparables in Dovercourt-Wallace Emerson-Junction · median list $1.15M
$971this home / sqft
5active listings nearby
31days on market

This home lists 20% above the area average of $810/sqft.

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

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

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

83/ 100

Very WalkableA 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.

Most daily errands can be done on foot.

🚉 Nearest transit: Dovercourt Rd at Shanly St, about 103 m away

20+ transit stops16 grocery20+ dining20+ parks20+ pharmacies

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.

Palmerston-Little Italy
$1.03M
Corso Italia-Davenport
$951K
Mount Pleasant East
$1.28M
South Riverdale
$1.30M
Danforth
$1.10M

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 · 0.5 km awayBelow the GTA average · 62% meet the provincial standard
ALPHA II Alternative SchoolEQAO results not published

Affordability & Mortgage

Affordability
$7,743/mo
$317KIncome needed
5.4×Price ÷ income
$1,787Weekly 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.

93%mortgage
Mortgage $7,743Property tax $605Total carry $8,348

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

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)
$7,253per month

Mortgage amount $1,359,200 · 4.14% over 25 years

$339,800Down payment (20.0%)
$1,359,200Loan before insurance
$0CMHC premium
$7,858Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,253
Property tax
$605
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,858

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

One-time closing costs

Ontario land transfer tax
$30,455
Toronto municipal land transfer tax
$30,455
Estimated closing costs
$60,910

Plus your down payment of $339,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$8,810/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

$816,759Total interest paid
$2,175,959Total of all payments
Principal $1,359,200 Interest $816,759
YearPrincipalInterestBalance
1$31,841$55,197$1,327,359
2$33,173$53,865$1,294,185
3$34,561$52,478$1,259,625
4$36,006$51,032$1,223,618
5$37,513$49,526$1,186,106
6$39,082$47,957$1,147,024
7$40,716$46,322$1,106,308
8$42,419$44,619$1,063,888
9$44,194$42,845$1,019,694
10$46,042$40,996$973,652
11$47,968$39,070$925,684
12$49,975$37,064$875,709
13$52,065$34,973$823,644
14$54,243$32,795$769,401
15$56,512$30,527$712,889
16$58,876$28,163$654,014
17$61,338$25,700$592,675
18$63,904$23,134$528,771
19$66,577$20,461$462,195
20$69,362$17,677$392,833
21$72,263$14,775$320,570
22$75,286$11,753$245,284
23$78,435$8,604$166,849
24$81,716$5,323$85,134
25$85,134$1,905$0

At the end of your 5-year term

Total paid over the term
$435,192
Principal paid down
$173,094
Interest paid
$262,097
Balance remaining
$1,186,106

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
Estimate$3,150/mo
$37,800Gross annual rent
1.5%Est. cap rate

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 numbers

Estimates 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.

2.2%
Gross yield
− Property tax $7,254− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $24,988

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

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