204 Yarmouth Road, Toronto, ON

Dovercourt-Wallace Emerson-Junction, Toronto · MLS® W13563870

$1,099,000
For Sale
Listed 3 days ago
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5Bedrooms
2Bathrooms
0Parking
2000-2500Sq Ft

About this home

An incredible opportunity to create your dream home on one of the most sought-after streets in the neighbourhood! This expansive 2.5-storey detached home offers an impressive layout with soaring ceilings and a spacious open-concept main floor that's perfect for modern family living and entertaining. Featuring 5 generous bedrooms, this home provides endless possibilities for growing families, investors, or renovators looking to add significant value. The size, layout, and location make this a rare opportunity to transform a grand home into something truly spectacular. A separate backyard workshop/bunkie/shed offers additional space for hobbies, storage, or future creative use. Perfectly situated with close proximity to Christie Pitts Park, TTC, top-rated schools, popular cafés (including Contra Cafe at the end of the street), outstanding restaurants, artisan bakeries, and everything this vibrant neighbourhood has to offer. Rarely does a property with this much potential become available on what many consider the finest street in the pocket.

Key facts

Property type
Detached, 2 1/2 Storey
MLS®
W13563870
Bedrooms
5
Bathrooms
2
Size
2000-2500
Lot
20 × 100 ft
Cross streets
Dupont / Ossington
Parking
0 parking
Basement
Partially Finished, Full
Heating
Forced Air
A/C
None
Exterior
Brick
Foundation
Unknown
Roof
Unknown
Sewer
Sewer
Property tax
$6,223 / 2026
Days on market
3
Listing brokerage
RE/MAX HALLMARK REALTY LTD.

Rooms

OtherBasement1.77 × 1.87 m
KitchenThird2.37 × 2.65 m
Bedroom 5Third3.19 × 3.00 m
Primary BedroomSecond4.44 × 4.70 m
Bedroom 2Second3.53 × 2.85 m
Bedroom 3Second2.86 × 3.44 m
Bedroom 4Third3.28 × 4.15 m
OtherBasement4.32 × 3.02 m
Dining RoomMain3.94 × 1.17 m
KitchenMain4.71 × 3.44 m
LaundryBasement3.63 × 1.87 m
Utility RoomBasement2.05 × 2.95 m
SunroomMain4.06 × 2.92 m
Living RoomMain7.66 × 4.58 m
OtherBasement1.41 × 2.61 m
Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well below what comparable listings suggest. In this market that usually means it is priced to draw multiple offers, so plan for competition and a final number above asking. 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.

The assigned public school is Essex Junior and Senior Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

On location, this is a very walkable address with everyday errands close by. Ossington Ave at Hallam St is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Open-concept layout: modern, sought-after flow.
  • Value driver
  • Worth verifying
  • Lifestyle
Comparable listingsCurrently listed nearby in Dovercourt-Wallace Emerson-Junction · asking prices
$1.37Mavg asking

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

122 Emerson Avenue$1.40M115 Edwin Avenue$1.25M356 Wallace Avenue$1.25M24 Pauline Avenue$1.60M

The 4 closest active listings nearby.

See all comparable homes
1.10MThis home1.40M1.25M1.25M1.60MThis home vs active comparables
Live market pulseActive comparables in Dovercourt-Wallace Emerson-Junction · median list $1.40M
$488this home / sqft
5active listings nearby
3days on market

2 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

78/ 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: Ossington Ave at Hallam St, about 112 m away

20+ transit stops10 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.

High Park-Swansea
$4.99M
Lawrence Park South
$2.14M
Bedford Park-Nortown
$2.90M
Downsview-Roding-CFB
$1.06M
Alderwood
$998K

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 Essex Junior and Senior Public School
64%
Essex Junior and Senior Public SchoolPublic · Elementary · 0.4 km awayBelow the GTA average · 64% meet the provincial standard
West End Alternative SchoolEQAO results not published

Affordability & Mortgage

Affordability
$5,009/mo
$211KIncome needed
5.2×Price ÷ income
$1,156Weekly 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 $5,009Property tax $519Total carry $5,527

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)
$4,692per month

Mortgage amount $879,200 · 4.14% over 25 years

$219,800Down payment (20.0%)
$879,200Loan before insurance
$0CMHC premium
$5,210Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,692
Property tax
$519
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,210

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

One-time closing costs

Ontario land transfer tax
$18,455
Toronto municipal land transfer tax
$18,455
Estimated closing costs
$36,910

Plus your down payment of $219,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$5,699/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

$528,321Total interest paid
$1,407,521Total of all payments
Principal $879,200 Interest $528,321
YearPrincipalInterestBalance
1$20,597$35,704$858,603
2$21,458$34,843$837,145
3$22,356$33,945$814,790
4$23,291$33,010$791,499
5$24,265$32,036$767,234
6$25,280$31,021$741,954
7$26,337$29,963$715,616
8$27,439$28,862$688,177
9$28,587$27,714$659,590
10$29,783$26,518$629,808
11$31,028$25,273$598,779
12$32,326$23,975$566,453
13$33,678$22,623$532,775
14$35,087$21,214$497,688
15$36,555$19,746$461,133
16$38,084$18,217$423,049
17$39,677$16,624$383,373
18$41,336$14,965$342,036
19$43,065$13,235$298,971
20$44,867$11,434$254,104
21$46,743$9,557$207,361
22$48,699$7,602$158,662
23$50,736$5,565$107,927
24$52,858$3,443$55,069
25$55,069$1,232$0

At the end of your 5-year term

Total paid over the term
$281,504
Principal paid down
$111,966
Interest paid
$169,538
Balance remaining
$767,234

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$4,200/mo
$50,400Gross annual rent
3.4%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.

4.6%
Gross yield
− Property tax $6,223− Insurance $1,400− Vacancy & upkeep $5,544Net operating income $37,233

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

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