102-5 Sousa Mendes Street, Toronto, ON

Dovercourt-Wallace Emerson-Junction, Toronto · MLS® W13513378

$494,900
For Sale
Listed 15 days ago
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1Bedrooms
1Bathrooms
1Garage
500-599Sq Ft

About this home

Welcome to Wallace Walk, offering refined city living in the dynamic, high-demand Junction area. This contemporary residence delivers an exceptional balance of style, comfort, and practicality. Perfectly positioned just moments from public transit, green spaces, the community center, and the Junction's acclaimed mix of dining destinations, cafes, and boutique retailers, residents benefit from a truly walkable, community-oriented lifestyle. Convenient TTC subway and GO transit access ensures smooth connections to downtown and surrounding areas, while nearby major highways simplify weekend getaways. Located minutes from High Park and surrounded by a wide range of everyday amenities, this home embodies modern urban living at its best. A Walk Score of 89 highlights the prime location. Don't miss the chance to live in one of Toronto's most sought-after neighbourhoods.

Key facts

Property type
Condo Townhouse, 1 Storey/Apt
MLS®
W13513378
Bedrooms
1
Bathrooms
1
Size
500-599
Cross streets
Wallace Ave & Perth Ave
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$226/mo
Exposure
North West
Property tax
$2,790 / 2025
Days on market
15
Listing brokerage
RE/MAX WEST REALTY INC.

Rooms

Dining RoomMain3.70 × 4.32 m
KitchenMain1.98 × 2.84 m
Primary BedroomMain3.25 × 2.84 m
Living RoomMain3.70 × 4.32 m
Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.

Its public catchment (Perth Avenue Junior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

On location, this is a very walkable address with everyday errands close by. Dundas St West at Glenlake Ave North Side is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

Comparable listingsCurrently listed nearby · asking prices
$501kavg asking

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

14-660B Wellington Street$550k409-29 Canniff Street$559k111-140 Canon Jackson Drive$423k61-95 The Queensway$475k79-23 Eldora Avenue$499k

The 5 closest of 8 active listings nearby.

See all comparable homes
495kThis home550k559k423k475k499kThis home vs active comparables
Live market pulseActive comparables in Dovercourt-Wallace Emerson-Junction · median list $799K
$901this home / sqft
8active listings nearby
15days on market

This home lists 26% above the area average of $716/sqft.

11 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

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: Dundas St West at Glenlake Ave North Side, about 150 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.

Niagara
$559K
New Toronto
$780K
Islington-City Centre West
$849K
Willowdale East
$799K
Humbermede
$509K

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 Perth Avenue Junior Public School
77%
Perth Avenue Junior Public SchoolPublic · Elementary · 0.2 km awayAbove the GTA average · 77% meet the provincial standard
ALPHA II Alternative SchoolEQAO results not published
ALPHA II Alternative SchoolEQAO results not published

Affordability & Mortgage

Affordability
$2,256/mo
$101KIncome needed
4.9×Price ÷ income
$521Weekly 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.

83%mortgage
Mortgage $2,256Property tax $233Condo fee $226Total carry $2,714

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 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,113per month

Mortgage amount $395,920 · 4.14% over 25 years

$98,980Down payment (20.0%)
$395,920Loan before insurance
$0CMHC premium
$2,571Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,113
Property tax
$233
Condo / maintenance fees
$226
Heating
$0
Estimated monthly cost
$2,571

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

One-time closing costs

Ontario land transfer tax
$6,373
Toronto municipal land transfer tax
$6,373
Estimated closing costs
$12,746

Plus your down payment of $98,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,566/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

$237,913Total interest paid
$633,833Total of all payments
Principal $395,920 Interest $237,913
YearPrincipalInterestBalance
1$9,275$16,078$386,645
2$9,663$15,690$376,982
3$10,067$15,286$366,915
4$10,488$14,865$356,426
5$10,927$14,426$345,499
6$11,384$13,969$334,115
7$11,860$13,493$322,255
8$12,356$12,997$309,899
9$12,873$12,480$297,026
10$13,412$11,942$283,614
11$13,973$11,381$269,641
12$14,557$10,796$255,084
13$15,166$10,187$239,918
14$15,800$9,553$224,118
15$16,461$8,892$207,657
16$17,150$8,204$190,507
17$17,867$7,486$172,640
18$18,615$6,739$154,025
19$19,393$5,960$134,632
20$20,204$5,149$114,428
21$21,049$4,304$93,378
22$21,930$3,423$71,449
23$22,847$2,506$48,601
24$23,803$1,550$24,798
25$24,798$555$0

At the end of your 5-year term

Total paid over the term
$126,767
Principal paid down
$50,421
Interest paid
$76,346
Balance remaining
$345,499

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$1,700/mo
$20,400Gross annual rent
2.4%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.

4.1%
Gross yield
− Property tax $2,790− Condo fees $2,708− Insurance $600− Vacancy & upkeep $2,244Net operating income $12,058

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

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