1587 DUFFERIN Street, Toronto, ON

Corso Italia-Davenport, Toronto · MLS® W13522806

$1,299,000
For Sale
Listed 19 days ago
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5Bedrooms
3Bathrooms
1Garage · 3 parking
1500-2000Sq Ft

About this home

Rare 2.5-storey detached house on a huge 32 x 120-foot lot in popular Corso Italia! This large home offers massive potential for families or savvy investors. It features a great layout with a separate basement entrance and a huge third-floor loft. You can easily convert this space into 3 separate modern apartments to generate over $6,000 per month in rent. It is the perfect mortgage helper or multi-generational home. The deep lot gives you tons of space for a big rear addition, a trendy garden suite, or a brand-new custom home from scratch. Create your own private backyard oasis! Enjoy a head start with a brand-new roof (2023) and fresh interior paint throughout. Located just steps from St. Clair Ave West transit, great local dining, and neighbourhood shops. A true hidden gem with endless possibilities!

Key facts

Property type
Detached, 2-Storey
MLS®
W13522806
Bedrooms
5
Bathrooms
3 (1 half)
Size
1500-2000
Lot
9.55 × 36.8 ft
Cross streets
St.Clair And Dufferin
Parking
1 garage · 3 parking (detached)
Basement
Partially Finished
Heating
Radiant
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$7,375 / 2026
Days on market
19
Listing brokerage
SUPERSTARS REALTY LTD.

Rooms

Bedroom 5Basement3.00 × 4.25 m
KitchenGround2.20 × 3.09 m

Hardwood Floor

Living RoomGround3.42 × 4.55 m

hardwood floor · large window · pot lights

KitchenBasement2.99 × 2.29 m
BreakfastGround3.32 × 1.24 m
OfficeGround3.11 × 3.43 m

Hardwood Floor

Dining RoomGround3.12 × 2.80 m

Hardwood Floor

Bedroom 4Second3.17 × 2.48 m

hardwood floor · closet

Primary BedroomSecond5.10 × 3.24 m

hardwood floor · closet

Bedroom 3Second4.17 × 3.24 m

hardwood floor · closet

Family RoomGround4.40 × 3.40 m

Hardwood Floor

RecreationBasement3.00 × 4.87 m
Bedroom 2Second3.28 × 4.33 m

hardwood floor · closet

Moe’s TakeTeam Asgarian · Broker
In line
$1.56Mest. value

Listed at $1,299,000, this home is within the range of comparable homes, on the lower side. The number above is my independent estimate of value, not the asking price.

In Corso Italia-Davenport lately, sellers have been getting about 100% of asking and homes sell in about 21 days.

There were not many closely comparable homes right in Corso Italia-Davenport, so I widened the search to the surrounding area.

Based on 40 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 40 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.53M, 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 $1.08M
  • Bedrooms +$47K
  • Bathrooms −$23K
  • Adjusts to $1.10M

That comparable adjusts to $1.10M; the $1.56M estimate above is the median of all 40 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 Regal Road 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.

List price
$1.19MGreat deal$2.14MOverpriced

Total price vs nearby homes. Fair value about $1.56M, median of 40 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.

  • Addition / added square footage: more space lifts value when it is permitted and well integrated, verify the permits. Value driver
  • Recent major systems: lower near-term capital costs, ask for the ages and any warranties. Value driver
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
  • Garden / laneway suite potential: extra-unit upside, but confirm zoning and feasibility with the city. Worth verifying
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
Comparable listingsCurrently listed nearby · asking prices
$1.04Mavg asking

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

290 Mcroberts Avenue$900k100 Dunkirk Road$1000k39 Saddleback Court$1000k60 Kimberdale Crescent$1.29M45 Overlord Crescent$990k

The 5 closest of 8 active listings nearby.

See all comparable homes
1.30MThis home900k1000k1000k1.29M990kThis home vs active comparables
Live market pulseActive comparables in Corso Italia-Davenport · median list $1.26M
$742this home / sqft
9active listings nearby
19days on market
99sold nearby · 90 days
$1.54Mmedian sold price
100%of asking, on average

This home lists 13% below the area average of $850/sqft.

18 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

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.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Bedford Park-Nortown
$2.28M
Leaside
$1.73M
Danforth Village-East York
$1000K
Willowdale East
$2.84M
Alderwood
$1.40M

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 Regal Road Junior Public School
73%
Regal Road Junior Public SchoolPublic · Elementary · 0.2 km awayAround the GTA average · 73% meet the provincial standard
Winona Drive Senior Public SchoolEQAO results not published

Affordability & Mortgage

Affordability
$5,920/mo
$249KIncome needed
5.2×Price ÷ income
$1,366Weekly 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.

91%mortgage
Mortgage $5,920Property tax $615Total carry $6,535

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 23, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,546per month

Mortgage amount $1,039,200 · 4.14% over 25 years

$259,800Down payment (20.0%)
$1,039,200Loan before insurance
$0CMHC premium
$6,160Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,546
Property tax
$615
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,160

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

One-time closing costs

Ontario land transfer tax
$22,455
Toronto municipal land transfer tax
$22,455
Estimated closing costs
$44,910

Plus your down payment of $259,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$6,736/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

$624,467Total interest paid
$1,663,667Total of all payments
Principal $1,039,200 Interest $624,467
YearPrincipalInterestBalance
1$24,345$42,202$1,014,855
2$25,363$41,184$989,492
3$26,424$40,123$963,068
4$27,529$39,017$935,539
5$28,681$37,866$906,858
6$29,881$36,666$876,977
7$31,130$35,416$845,847
8$32,433$34,114$813,414
9$33,789$32,758$779,625
10$35,203$31,344$744,422
11$36,675$29,872$707,748
12$38,209$28,338$669,538
13$39,807$26,739$629,731
14$41,472$25,074$588,259
15$43,207$23,340$545,052
16$45,014$21,532$500,038
17$46,897$19,649$453,140
18$48,859$17,688$404,281
19$50,903$15,644$353,379
20$53,032$13,515$300,347
21$55,250$11,297$245,097
22$57,561$8,986$187,536
23$59,969$6,578$127,567
24$62,477$4,070$65,090
25$65,090$1,456$0

At the end of your 5-year term

Total paid over the term
$332,733
Principal paid down
$132,342
Interest paid
$200,391
Balance remaining
$906,858

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
1.9%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.

2.9%
Gross yield
− Property tax $7,375− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $24,867

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

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