914 Dovercourt Road, Toronto, ON

Dovercourt-Wallace Emerson-Junction, Toronto · MLS® W13513340

$1,529,000
For Sale
Listed 16 days ago
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5Bedrooms
4Bathrooms
2Garage
2000-2500Sq Ft

About this home

Live, rent, or reimagine this rare multi-unit gem in prime Dovercourt Village! This detached, character-filled property features three self-contained units, offering exceptional flexibility for investors or end-users, with the potential to convert back into a spacious 3,000+ sq. ft. single-family home. The main and second floors offer high ceilings and bright, inviting interiors. Each level includes a full bathroom, complemented by a shared coin-operated laundry room in the basement. The vacant main floor and basement units feature separate front and rear entrances, providing excellent versatility and potential rental income. Enjoy charming curb appeal with a cedar shingle roof and a mutual driveway. A modern, detached double garage, accessed via the rear laneway, provides secure parking and exciting laneway housing potential. Ideally located just steps to Bloor Street, TTC subway, parks, and top-rated schools in one of Toronto's most vibrant neighbourhoods!

Key facts

Property type
Detached, 3-Storey
MLS®
W13513340
Bedrooms
5 (4 + 1)
Bathrooms
4
Size
2000-2500
Lot
24 × 125.29 ft
Cross streets
Bloor & Hallam
Parking
2 garage (detached)
Driveway
Lane
Basement
Finished with Walk-Out, Separate Entrance
Kitchens
4 (3 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Brick
Roof
Cedar
Sewer
Sewer
Property tax
$7,105 / 2026
Days on market
16
Listing brokerage
RE/MAX REALTY ENTERPRISES INC.
Moe’s TakeTeam Asgarian · Broker
Below the wider set
$1.82Mest. value

Listed at $1,529,000, this home is tracking about 16% below a wider set of listings, though close matches were thin, so it is worth confirming with a precise CMA rather than reading it as a clear deal. 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 14 similar homes nearby, adjusted for size, beds, and baths.Median of 14 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.64M, a bit lower.

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 $925K
  • Bedrooms −$30K
  • Bathrooms +$30K
  • Adjusts to $925K

That comparable adjusts to $925K; the $1.82M estimate above is the median of all 14 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
$1.53MGreat deal$2.11MOverpriced

Total price vs nearby homes. Fair value about $1.82M, median of 14 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.

  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Worth verifying
  • Value driver
Comparable listingsCurrently listed nearby in Dovercourt-Wallace Emerson-Junction · asking prices
$1.53Mavg asking

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

122 Emerson Avenue$1.40M15 Melville Avenue$1.80M407 Concord Avenue$1.23M79 Pendrith Street$1.90M300 Concord Avenue$1.35M

The 5 closest of 8 active listings nearby.

See all comparable homes
1.53MThis home1.40M1.80M1.23M1.90M1.35MThis home vs active comparables
Live market pulseActive comparables in Dovercourt-Wallace Emerson-Junction · median list $1.40M
$680this home / sqft
15active listings nearby
16days on market

This home lists 22% below the area average of $867/sqft.

15 days longer than the Toronto average (1 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 106 m away

20+ transit stops13 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.

High Park-Swansea
$2.30M
Lawrence Park South
$2.13M
Bedford Park-Nortown
$2.90M
Downsview-Roding-CFB
$1.06M
Alderwood
$998K

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

Affordability & Mortgage

Affordability
$6,969/mo
$287KIncome needed
5.3×Price ÷ income
$1,608Weekly 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 $6,969Property tax $592Total carry $7,561

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)
$6,527per month

Mortgage amount $1,223,200 · 4.14% over 25 years

$305,800Down payment (20.0%)
$1,223,200Loan before insurance
$0CMHC premium
$7,120Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,527
Property tax
$592
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,120

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

One-time closing costs

Ontario land transfer tax
$27,055
Toronto municipal land transfer tax
$27,055
Estimated closing costs
$54,110

Plus your down payment of $305,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$7,928/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

$735,035Total interest paid
$1,958,235Total of all payments
Principal $1,223,200 Interest $735,035
YearPrincipalInterestBalance
1$28,655$49,674$1,194,545
2$29,854$48,475$1,164,691
3$31,103$47,227$1,133,588
4$32,404$45,926$1,101,184
5$33,759$44,570$1,067,425
6$35,171$43,158$1,032,254
7$36,642$41,687$995,612
8$38,175$40,154$957,437
9$39,772$38,558$917,665
10$41,435$36,894$876,229
11$43,169$35,161$833,061
12$44,974$33,355$788,086
13$46,855$31,474$741,231
14$48,815$29,514$692,416
15$50,857$27,472$641,558
16$52,985$25,345$588,574
17$55,201$23,129$533,373
18$57,510$20,820$475,863
19$59,915$18,414$415,948
20$62,421$15,908$353,526
21$65,032$13,297$288,494
22$67,753$10,577$220,741
23$70,587$7,743$150,154
24$73,539$4,790$76,615
25$76,615$1,714$0

At the end of your 5-year term

Total paid over the term
$391,647
Principal paid down
$155,775
Interest paid
$235,872
Balance remaining
$1,067,425

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$4,200/mo
$50,400Gross annual rent
2.4%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.

3.3%
Gross yield
− Property tax $7,105− Insurance $1,400− Vacancy & upkeep $5,544Net operating income $36,351

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX REALTY ENTERPRISES INC.. MLS®/PropTx.

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