104-245 Perth Avenue, Toronto, ON

Dovercourt-Wallace Emerson-Junction, Toronto · MLS® W13533384

$735,000
For Sale
Listed 10 days ago
1Bedrooms
1Bathrooms
1Garage
700-799Sq Ft

About this home

Some homes simply feel different the moment you step inside. Arch Lofts is a century-old church thoughtfully converted into just 39 distinctive residences, the kind of address that stops people in their tracks. Soaring floor-to-ceiling east-facing windows flood the home with morning light, framing the well-considered floor plan. Inside, every detail has been thoughtfully curated. A sleek Scavolini kitchen anchors the open concept living and dining area, finished with Caesarstone countertops, fully integrated appliances, and a gas cooktop built for the home chef. FSC-certified white oak wide-plank engineered hardwood runs throughout, bringing warmth and character, while the efficient geothermal heating and cooling system keeps year round costs low. The nearly 200 square-foot private terrace is more than outdoor space - it's a private retreat. Perfect for morning coffee, evening dining, or cultivating your own urban garden, and finished with a water hose bib and gas BBQ hookup for effortless entertaining. Best of all, this is a home that lives larger than its footprint with zero wasted square footage, no awkward hallways, just smart, usable space from from the moment you enter. Set in a coveted position within the building, the suite lives more like a townhome, with direct, effortless access that dog owners (and anyone who values convenience) will appreciate. You're in the heart of the Junction Triangle, one of Toronto's most vibrant west-end neighbourhoods, with parks and greenspace in every direction. The West Toronto Railpath, cafes, breweries, restaurants, and boutiques are right at your door. Steps to the UP Express, GO Transit, and subway, this is a commuter's dream - seamless travel to Pearson and the downtown core in minutes. A well-equipped gym, locker, and bike storage complete the package. Opportunities like this don't come often. A rented parking space is secured at 370 Wallace Avenue (3 minute walk), offers added convenience.

Key facts

Property type
Condo Apartment, 1 Storey/Apt
MLS®
W13533384
Bedrooms
1
Bathrooms
1
Size
700-799
Cross streets
Wallace Ave & Perth Ave
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Block
Roof
Asphalt Shingle
Maintenance
$847/mo
Exposure
East
Property tax
$4,072 / 2026
Days on market
10
Listing brokerage
SOTHEBY'S INTERNATIONAL REALTY CANADA

Rooms

KitchenFlat4.18 × 4.55 m

hardwood floor · combined w/dining · open concept

DenFlat1.47 × 2.51 m

hardwood floor · b/i bookcase

Living RoomFlat3.91 × 3.32 m

hardwood floor · large window · w/o to patio

Dining RoomFlat4.18 × 2.16 m

hardwood floor · combined w/kitchen · open concept

Moe’s TakeTeam Asgarian · Broker
Above the wider set
$604Kest. value

Listed at $735,000, 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 27 similar homes nearby, adjusted for size, beds, and baths.Median of 27 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $840K, higher than the comparables and worth a second look.

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 $799K
  • Adjusts to $799K

That comparable adjusts to $799K; the $604K estimate above is the median of all 27 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.

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. Symington Ave at Wallace Ave is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$552KGreat deal$735KOverpriced

Total price vs nearby homes. Fair value about $604K, median of 27 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.
  • Open-concept layout: modern, sought-after flow.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Worth verifying
  • Lifestyle
  • Value driver
Comparable listingsCurrently listed nearby · asking prices
$545kavg asking

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

2003-101 Charles Street$620k1202-1950 Kennedy Road$389k308-3220 Sheppard Avenue$626k

The 3 closest active listings nearby.

See all comparable homes
735kThis home620k389k626kThis home vs active comparables
Live market pulseActive comparables in Dovercourt-Wallace Emerson-Junction · median list $519K
$981this home / sqft
28active listings nearby
10days on market

This home lists 7% above the area average of $914/sqft.

9 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

85/ 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: Symington Ave at Wallace Ave, about 75 m away

20+ transit stops12 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.

Annex
$929K
Mimico
$875K
Waterfront Communities C1
$698K
Church-Yonge Corridor
$618K
Banbury-Don Mills
$500K

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
$3,350/mo
$158KIncome needed
4.7×Price ÷ income
$773Weekly 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.

74%mortgage
Mortgage $3,350Property tax $339Condo fee $847Total carry $4,537

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)
$3,138per month

Mortgage amount $588,000 · 4.14% over 25 years

$147,000Down payment (20.0%)
$588,000Loan before insurance
$0CMHC premium
$4,324Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,138
Property tax
$339
Condo / maintenance fees
$847
Heating
$0
Estimated monthly cost
$4,324

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

One-time closing costs

Ontario land transfer tax
$11,175
Toronto municipal land transfer tax
$11,175
Estimated closing costs
$22,350

Plus your down payment of $147,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,811/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

$353,336Total interest paid
$941,336Total of all payments
Principal $588,000 Interest $353,336
YearPrincipalInterestBalance
1$13,775$23,879$574,225
2$14,351$23,302$559,874
3$14,951$22,702$544,923
4$15,577$22,077$529,346
5$16,228$21,425$513,118
6$16,907$20,746$496,211
7$17,614$20,039$478,597
8$18,351$19,302$460,246
9$19,119$18,535$441,127
10$19,918$17,735$421,209
11$20,751$16,902$400,458
12$21,619$16,034$378,838
13$22,524$15,130$356,314
14$23,466$14,188$332,849
15$24,447$13,206$308,401
16$25,470$12,183$282,931
17$26,535$11,118$256,396
18$27,645$10,008$228,750
19$28,802$8,852$199,949
20$30,006$7,647$169,942
21$31,262$6,392$138,681
22$32,569$5,084$106,112
23$33,931$3,722$72,180
24$35,351$2,303$36,829
25$36,829$824$0

At the end of your 5-year term

Total paid over the term
$188,267
Principal paid down
$74,882
Interest paid
$113,385
Balance remaining
$513,118

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$2,400/mo
$28,800Gross annual rent
1.5%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.

3.9%
Gross yield
− Property tax $4,072− Condo fees $10,167− Insurance $600− Vacancy & upkeep $3,168Net operating income $10,792

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SOTHEBY'S INTERNATIONAL REALTY CANADA. MLS®/PropTx.

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