122 Ascot Avenue, Toronto, ON

Corso Italia-Davenport, Toronto · MLS® W13482712

$888,000
For Sale
Listed 23 days ago
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3Bedrooms
1Bathrooms
2Parking
1100-1500Sq Ft

About this home

Discover the potential of this charming 3-bedroom home on a quiet, tree-lined street in the heart of Corso Italia. Add your personal touch and transform it into your dream home. A perfect alternative to condo living, this property offers hardwood flooring throughout the main and second levels, a spacious backyard ideal for entertaining or family enjoyment, and a 2-car parking pad with convenient laneway access. Whether you're a growing family, first-time buyer, or investor, this home presents exceptional value and endless possibilities .Ideally located just steps from public transit, Earlscourt Park, Tre Mari Bakery, local restaurants, cafés, schools, gyms, and all the vibrant amenities this sought-after neighbourhood has to offer. Don't miss this fantastic opportunity to own in one of Toronto's most desirable communities. Also has a NEW ROOF(2025).

Key facts

Property type
Semi-Detached, 2-Storey
MLS®
W13482712
Bedrooms
3
Bathrooms
1
Size
1100-1500
Lot
18 × 120 ft
Cross streets
St Clair Ave and Lansdowne Ave
Parking
2 parking
Driveway
Private
Basement
Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$4,374 / 2026
Days on market
23
Listing brokerage
ROYAL LEPAGE TERREQUITY REALTY

Rooms

Living RoomMain4.26 × 3.00 m

hardwood floor · window · combined w/dining

Bedroom 2Second2.62 × 3.53 m

hardwood floor · window

KitchenMain2.74 × 3.99 m

W/O To Yard

Bedroom 3Second4.26 × 2.71 m

hardwood floor · window

Dining RoomMain4.26 × 3.00 m

hardwood floor · stained glass · combined w/living

LaundryMain2.10 × 2.10 m
Primary BedroomSecond4.41 × 3.23 m

hardwood floor · window

Moe’s TakeTeam Asgarian · Broker
In line
$925Kest. value

Listed at $888,000, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.

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 $908K, 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 $699K
  • Bedrooms +$30K
  • Bathrooms −$15K
  • Adjusts to $714K

That comparable adjusts to $714K; the $925K 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 Oakwood Collegiate Institute. 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. St Clair Ave West at Earlscourt Ave is about a 3-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$714KGreat deal$1.07MOverpriced

Total price vs nearby homes. Fair value about $925K, 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.

  • Recent major systems: lower near-term capital costs, ask for the ages and any warranties.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$876kavg asking

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

27 Coady Avenue$900k39 Maria Street$950k115 Bergen Road$879k101 Holwood Avenue$849k12 Durant Avenue$800k

The 5 closest of 8 active listings nearby.

See all comparable homes
888kThis home900k950k879k849k800kThis home vs active comparables
Live market pulseActive comparables in Corso Italia-Davenport · median list $999K
$683this home / sqft
10active listings nearby
23days on market

This home lists 12% below the area average of $774/sqft.

19 days longer than the Toronto average (4 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

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.

Getting around

81/ 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: St Clair Ave West at Earlscourt Ave, about 279 m away

20+ transit stops11 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
$1000K
Mount Pleasant East
$1.28M
Glenfield-Jane Heights
$879K
South Riverdale
$1.30M
York University Heights
$920K

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 Rawlinson Community School
63%
Rawlinson Community SchoolPublic · Elementary · 0.9 km awayBelow the GTA average · 63% meet the provincial standard

Affordability & Mortgage

Affordability
$4,047/mo
$169KIncome needed
5.2×Price ÷ income
$934Weekly 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.

92%mortgage
Mortgage $4,047Property tax $364Total carry $4,412

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 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,791per month

Mortgage amount $710,400 · 4.14% over 25 years

$177,600Down payment (20.0%)
$710,400Loan before insurance
$0CMHC premium
$4,155Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,791
Property tax
$365
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,155

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

One-time closing costs

Ontario land transfer tax
$14,235
Toronto municipal land transfer tax
$14,235
Estimated closing costs
$28,470

Plus your down payment of $177,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$4,604/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

$426,887Total interest paid
$1,137,287Total of all payments
Principal $710,400 Interest $426,887
YearPrincipalInterestBalance
1$16,642$28,849$693,758
2$17,338$28,153$676,419
3$18,064$27,428$658,356
4$18,819$26,672$639,537
5$19,606$25,885$619,930
6$20,426$25,065$599,504
7$21,281$24,211$578,223
8$22,171$23,321$556,052
9$23,098$22,393$532,954
10$24,065$21,427$508,889
11$25,071$20,420$483,818
12$26,120$19,372$457,698
13$27,212$18,279$430,486
14$28,351$17,141$402,135
15$29,536$15,955$372,599
16$30,772$14,720$341,827
17$32,059$13,432$309,768
18$33,400$12,091$276,368
19$34,797$10,694$241,571
20$36,253$9,239$205,318
21$37,769$7,722$167,549
22$39,349$6,143$128,200
23$40,995$4,497$87,205
24$42,710$2,782$44,496
25$44,496$996$0

At the end of your 5-year term

Total paid over the term
$227,457
Principal paid down
$90,470
Interest paid
$136,988
Balance remaining
$619,930

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$2,300/mo
$27,600Gross annual rent
2.1%Est. cap rate

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.

3.1%
Gross yield
− Property tax $4,374− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $18,790

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE TERREQUITY REALTY. MLS®/PropTx.

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