1409-816 Lansdowne Avenue, Toronto, ON
Dovercourt-Wallace Emerson-Junction, Toronto · MLS® W13571980
About this home
Welcome to effortless city living in this bright and airy 2-bedroom, 2-bathroom condo, complete with parking and a locker. Perfectly suited for first-time buyers, downsizers, or young families, this spacious home features a highly functional split-bedroom layout that offers the ideal balance of openness and privacy. Floor-to-ceiling windows flood the open-concept living and dining areas with natural light, highlighting a modern kitchen with an island, ample storage, and custom built-in shelving that adds both character and practical utility. Step out onto your private balcony to enjoy northwest-facing views, breathtaking Toronto sunsets, and a glowing city skyline backdrop. The generous primary retreat boasts a private ensuite and double closet, while the flexible second bedroom is perfect for guests, a growing family, or a dedicated home office. Perfectly situated between the Junction and Dovercourt Park, you are steps away from the best of Toronto's vibrant West End. Stroll down Geary Avenue to explore acclaimed breweries, cafes, and local favorites like Dotty's and Donna's. Enjoy ultimate convenience with groceries and a pharmacy directly across the street, easy access to the TTC, UP Express, and the West Toronto Railpath, and a short walk to the upcoming 8-acre Wallace Emerson Park and community centre. This suite offers the perfect blend of space, views, and an unbeatable urban lifestyle-without the price tag of brand-new construction.
Key facts
- Property type
- Condo Apartment, Multi-Level
- MLS®
- W13571980
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 800-899
- Cross streets
- LANSDOWNE AVE AND DUPONT ST
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete
- Maintenance
- $794/mo
- Exposure
- North East
- Property tax
- $3,039 / 2026
- Days on market
- 1
- Listing brokerage
- RE/MAX REAL ESTATE CENTRE INC.
Rooms
Listed at $625,000, this home is tracking about 16% below a wider set of listings, though close matches were thin, so it is worth confirming with a precise CMA rather than reading it as a clear deal. 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 31 similar homes nearby, adjusted for size, beds, and baths.Median of 31 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $627K, 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, listed at $629K
- Adjusts to $629K
That comparable adjusts to $629K; the $748K estimate above is the median of all 31 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. Dupont St at Lansdowne Ave is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $748K, median of 31 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.
- Primary suite: a key comfort and resale feature.
- Open-concept layout: modern, sought-after flow.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
- Lifestyle
- Value driver
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 22% below the area average of $942/sqft.
On the market now.
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Dovercourt-Wallace Emerson-Junction, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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: Dupont St at Lansdowne Ave, about 121 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Affordability & Mortgage
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.
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
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $500,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,668
- Property tax
- $253
- Condo / maintenance fees
- $794
- Heating
- $0
- Estimated monthly cost
- $3,715
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $8,975
- Toronto municipal land transfer tax
- $8,975
- Estimated closing costs
- $17,950
Plus your down payment of $125,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $160,091
- Principal paid down
- $63,675
- Interest paid
- $96,416
- Balance remaining
- $436,325
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX REAL ESTATE CENTRE INC.. MLS®/PropTx.