512-812 Lansdowne Avenue, Toronto, ON

Dovercourt-Wallace Emerson-Junction, Toronto · MLS® W13547264

$449,900
For Sale
Listed 7 days ago
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1Bedrooms
1Bathrooms
1Garage
500-599Sq Ft

About this home

Spacious 585 Sq. Ft. 1-Bedroom Unit Complete With Parking! West-Facing Balcony Offering Stunning Sunset Views Every Evening. Ideally Situated In A Quiet Downtown Building, This Home Is Less Than A 10-Minute Walk To Lansdowne Subway Station, Steps To TTC Transit, A 2-Minute Walk To Grocery Shopping, And Just Minutes From The Vibrant Shops, Restaurants, Cafes, And Entertainment Of The Junction, Geary Avenue, High Park, Dufferin Mall, And Shoppers Drug Mart.Residents Enjoy An Exceptional Selection Of Building Amenities, Including A Fitness Centre, Party Room, Billiards And Games Room, Sauna, And A Beautifully Landscaped Courtyard Featuring BBQs, Picnic Tables, And Lounge Areas. An Outstanding Opportunity For Comfortable Urban Living In One Of Toronto's Most Convenient And Well-Connected Neighbourhoods.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13547264
Bedrooms
1
Bathrooms
1
Size
500-599
Cross streets
Lansdowne And Dupont
Parking
1 garage (underground)
Basement
None
Heating
Fan Coil
A/C
Central Air
Exterior
Concrete
Maintenance
$526/mo
Exposure
West
Property tax
$2,142 / 2025
Days on market
7
Listing brokerage
Royal LePage Real Estate Associates

Rooms

Dining RoomMain5.31 × 3.25 m

laminate · combined w/living · open concept

KitchenMain2.90 × 2.54 m

granite counters · stainless steel appl · b/i bar

BedroomMain3.05 × 3.00 m

broadloom · walk-in closet(s) · large window

Living RoomMain5.31 × 3.25 m

laminate · combined w/dining · w/o to balcony

Moe’s TakeTeam Asgarian · Broker
In line
$450Kest. value

Listed at $449,900, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.

Based on 9 similar homes nearby, adjusted for size, beds, and baths.Median of 9 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $486K, a close match.

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 $489K
  • Adjusts to $489K

That comparable adjusts to $489K; the $450K estimate above is the median of all 9 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. Lansdowne Ave at Lappin Ave is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$440KGreat deal$489KOverpriced

Total price vs nearby homes. Fair value about $450K, median of 9 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.

  • 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
$462kavg asking

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

704-812 Lansdowne Avenue$450k1011-812 Lansdowne Avenue$450k328-1410 Dupont Street$440k1801-10 Graphophone Grove$480k901-812 Lansdowne Avenue$489k

The 5 closest of 8 active listings nearby.

See all comparable homes
450kThis home450k450k440k480k489kThis home vs active comparables
Live market pulseActive comparables in Dovercourt-Wallace Emerson-Junction · median list $500K
$819this home / sqft
18active listings nearby
7days on market

This home lists 2% below the area average of $834/sqft.

On the market now.

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: Lansdowne Ave at Lappin Ave, about 143 m away

20+ transit stops11 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
$1.57M
Waterfront Communities C1
$672K
Church-Yonge Corridor
$590K
Mimico
$800K
Waterfront Communities C8
$1.24M

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
$2,050/mo
$97KIncome needed
4.6×Price ÷ income
$473Weekly 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 $2,050Property tax $178Condo fee $526Total carry $2,755

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 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,921per month

Mortgage amount $359,920 · 4.14% over 25 years

$89,980Down payment (20.0%)
$359,920Loan before insurance
$0CMHC premium
$2,625Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,921
Property tax
$179
Condo / maintenance fees
$526
Heating
$0
Estimated monthly cost
$2,625

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

One-time closing costs

Ontario land transfer tax
$5,473
Toronto municipal land transfer tax
$5,473
Estimated closing costs
$10,946

Plus your down payment of $89,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,333/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

$216,280Total interest paid
$576,200Total of all payments
Principal $359,920 Interest $216,280
YearPrincipalInterestBalance
1$8,432$14,616$351,488
2$8,784$14,264$342,704
3$9,152$13,896$333,552
4$9,535$13,513$324,018
5$9,933$13,115$314,084
6$10,349$12,699$303,735
7$10,782$12,266$292,953
8$11,233$11,815$281,721
9$11,703$11,345$270,018
10$12,192$10,856$257,826
11$12,702$10,346$245,124
12$13,233$9,815$231,890
13$13,787$9,261$218,103
14$14,364$8,684$203,740
15$14,964$8,084$188,775
16$15,590$7,458$173,185
17$16,243$6,805$156,942
18$16,922$6,126$140,020
19$17,630$5,418$122,390
20$18,367$4,681$104,023
21$19,135$3,913$84,888
22$19,936$3,112$64,952
23$20,770$2,278$44,182
24$21,639$1,409$22,544
25$22,544$504$0

At the end of your 5-year term

Total paid over the term
$115,240
Principal paid down
$45,836
Interest paid
$69,404
Balance remaining
$314,084

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
2.0%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.

4.5%
Gross yield
− Property tax $2,142− Condo fees $6,312− Insurance $600− Vacancy & upkeep $2,244Net operating income $9,102

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of Royal LePage Real Estate Associates. MLS®/PropTx.

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