901-812 Lansdowne Avenue, Toronto, ON

Dovercourt-Wallace Emerson-Junction, Toronto · MLS® W13541320

$489,000
For Sale
Listed 13 days ago
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1Bedrooms
1Bathrooms
1Garage
500-599Sq Ft

About this home

Lovely, large open concept one-bedroom condo in Davenport - recently described as one of the coolest neighbourhoods in the world!. Stunning, unobstructed skyline view plus wide open-concept layout make this a winner. It has a great balcony. dark laminate floors along with granite countertops, stainless steel appliances and ensuite laundry. Add the fact that it's steps to the subway, there's Grocery, Shoppers and Dollarama within 100 metres and you have a real hidden gem. Included parking AND locker mean no compromise and excellent value for money.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13541320
Bedrooms
1
Bathrooms
1
Size
500-599
Cross streets
Dupont/Lansdowne
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$525/mo
Exposure
East
Property tax
$2,157 / 2025
Days on market
13
Listing brokerage
KIC REALTY

Rooms

KitchenFlat3.10 × 3.70 m

open concept · stainless steel appl

Dining RoomFlat5.48 × 3.70 m

Combined w/Living

Living RoomFlat5.48 × 3.70 m

open concept · east view

BedroomFlat3.40 × 3.10 m
Moe’s TakeTeam Asgarian · Broker
In line
$499Kest. value

Listed at $489,000, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.

In Dovercourt-Wallace Emerson-Junction lately, sellers have been getting about 97% of asking and homes sell in about 31 days.

Based on 54 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 54 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $431K, 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, sold for $529K
  • Adjusts to $529K

That comparable adjusts to $529K; the $499K estimate above is the median of all 54 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.

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

List price
$433KGreat deal$581KOverpriced

Total price vs nearby homes. Fair value about $499K, median of 54 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.

  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Comparable listingsCurrently listed nearby in Dovercourt-Wallace Emerson-Junction · asking prices
$471kavg asking

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

1801-10 Graphophone Grove$480k1015-816 Lansdowne Avenue$525k512-812 Lansdowne Avenue$450k704-812 Lansdowne Avenue$450k1011-812 Lansdowne Avenue$450k

The 5 closest of 8 active listings nearby.

See all comparable homes
489kThis home480k525k450k450k450kThis home vs active comparables
Live market pulseActive comparables in Dovercourt-Wallace Emerson-Junction · median list $500K
$890this home / sqft
18active listings nearby
13days on market
99sold nearby · 90 days
$640Kmedian sold price
97%of asking, on average

This home lists 9% above the area average of $817/sqft.

12 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.

Nearby neighbourhoods

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

Niagara
$701K
Waterfront Communities C1
$567K
Bay Street Corridor
$471K
Mimico
$590K
Church-Yonge Corridor
$627K

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 · 0.5 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
$2,229/mo
$104KIncome needed
4.7×Price ÷ income
$514Weekly 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.

76%mortgage
Mortgage $2,229Property tax $180Condo fee $525Total carry $2,933

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 22, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,088per month

Mortgage amount $391,200 · 4.14% over 25 years

$97,800Down payment (20.0%)
$391,200Loan before insurance
$0CMHC premium
$2,792Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,088
Property tax
$180
Condo / maintenance fees
$525
Heating
$0
Estimated monthly cost
$2,792

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

One-time closing costs

Ontario land transfer tax
$6,255
Toronto municipal land transfer tax
$6,255
Estimated closing costs
$12,510

Plus your down payment of $97,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,536/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

$235,077Total interest paid
$626,277Total of all payments
Principal $391,200 Interest $235,077
YearPrincipalInterestBalance
1$9,164$15,887$382,036
2$9,548$15,503$372,488
3$9,947$15,104$362,541
4$10,363$14,688$352,177
5$10,797$14,254$341,381
6$11,248$13,803$330,132
7$11,719$13,332$318,413
8$12,209$12,842$306,204
9$12,720$12,331$293,485
10$13,252$11,799$280,233
11$13,806$11,245$266,427
12$14,384$10,668$252,043
13$14,985$10,066$237,058
14$15,612$9,439$221,446
15$16,265$8,786$205,181
16$16,945$8,106$188,236
17$17,654$7,397$170,582
18$18,393$6,658$152,189
19$19,162$5,889$133,027
20$19,963$5,088$113,064
21$20,798$4,253$92,265
22$21,668$3,383$70,597
23$22,575$2,476$48,022
24$23,519$1,532$24,503
25$24,503$548$0

At the end of your 5-year term

Total paid over the term
$125,255
Principal paid down
$49,819
Interest paid
$75,436
Balance remaining
$341,381

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
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.

4.2%
Gross yield
− Property tax $2,157− Condo fees $6,300− Insurance $600− Vacancy & upkeep $2,244Net operating income $9,099

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

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