413 Westmoreland Avenue, Toronto, ON
Dovercourt-Wallace Emerson-Junction, Toronto · MLS® W13573250
About this home
In short
- Welcome to 413 Westmoreland Ave - a rare freehold 2-storey townhouse registered with the City of Toronto as a duplex, offering exceptional flexibility and future...
- The second floor offers a spacious primary bedroom, two additional bedrooms, and a renovated 3-piece bathroom.
- The basement is currently used as additional living space and features a large recreation room, 3-piece bathroom, separate laundry area, ample storage, and two...
- Property is being sold as-is, where-is.
Welcome to 413 Westmoreland Ave - a rare freehold 2-storey townhouse registered with the City of Toronto as a duplex, offering exceptional flexibility and future potential in a highly sought-after west Toronto neighbourhood. This well-located home features a functional main floor layout with a kitchen, living room, and dining room currently used as a bedroom not to mention a multi purpose mudroom/pantry or office space off the kitchen. The second floor offers a spacious primary bedroom, two additional bedrooms, and a renovated 3-piece bathroom. Rough-ins for a future second-floor kitchen are located behind the wall in the rear east bedroom, providing added flexibility for future use.The basement is currently used as additional living space and features a large recreation room, 3-piece bathroom, separate laundry area, ample storage, and two separate entrances from the front and rear of the home. The property also includes a single detached garage - a rare and valuable feature in the city. Located in the vibrant Dovercourt-Wallace Emerson-Junction area, enjoy easy access to TTC, the Bloor subway line, UP Express, parks, schools, cafes, restaurants, shopping, and the popular Geary Avenue, Bloorcourt, and Bloordale neighbourhood amenities.A fantastic opportunity for buyers looking to customize a home, investors seeking future potential, or those wanting the flexibility of a property registered with the City of Toronto as a duplex. Property is being sold as-is, where-is.
Key facts
- Property type
- Townhouse, 2-Storey
- MLS®
- W13573250
- Bedrooms
- 3
- Bathrooms
- 2
- Size
- 1100-1500 sq ft
- Lot
- 14.5 × 126 ft
- Cross streets
- Davenport & Dovercourt
- Parking
- 1 garage (detached)
- Basement
- Finished, Separate Entrance
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $4,496 / 2026
- Days on market
- 57
- Listing brokerage
- FOREST HILL REAL ESTATE INC.
Rooms
Listed at $1,049,999 with no offer date, so the ask is the seller’s number, and homes priced this way sell close to it. My read is $1.07M, typically $1.04M to $1.09M. Comparable closings on their own put this home around $1.13M, which agrees with the ask, so this is a firm read.
Second read, from the city assessment: $924K. That is about 18% below the comparable-sales figure. When my two methods disagree this much, the answer usually sits between them and something about this home is not in the comparables (the lot, the condition, a rebuild). I would want to see it before leaning on either number.
Total price vs nearby homes. Fair value about $1.07M, median of 5 comparables.
The market behind the math:
About 1.9 months of inventory: 5 townhouse homes for sale in the area against 8 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $808/sqft against an area asking average of $794/sqft. Size and $/sqft both feed the estimate above.
How this estimate is builtthe short version
I take the 5 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, lot frontage, a ravine backing, an inground pool), then use the median, which is steadier than leaning on any single sale.
It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $924K, a bit lower.
What the listing highlights2 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
Schools & getting aroundcatchment and transit
The assigned public school is Regal Road Junior Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
Read this with carewhy it’s an estimate, not an appraisal
There were not many closely comparable homes right in Dovercourt-Wallace Emerson-Junction, so I widened the search to the surrounding area.
Based on 3 homes sold on this street over the past two years, plus 2 nearby in Dovercourt-Wallace Emerson-Junction, from 70 closings in Dovercourt-Wallace Emerson-Junction.
Nothing closely matching this home is listed nearby right now, so these are the nearest townhouse listings on the market. Homes like this one have recently closed around $1.13M, which is where my estimate comes from.
Per square foot, these ask about $721/sqft; this home lists at $808/sqft. Size is part of the price story, not just the sticker.
The 3 closest active listings nearby.
See all comparable homesNeighbourhood & 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.
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.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
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 4.09% via Ratehub.ca (as of September 11, 2026); conventional rates run a little higher.
Mortgage amount $839,999 · 4.24% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,529
- Property tax
- $375
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,903
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $17,475
- Toronto municipal land transfer tax
- $17,475
- Estimated closing costs
- $34,950
Plus your down payment of $210,000. 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
- $271,712
- Principal paid down
- $105,720
- Interest paid
- $165,991
- Balance remaining
- $734,279
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
The suite is real income here: basements rent in Dovercourt-Wallace Emerson-Junction (6 of 55 recent detached leases were basement units, around $2,050 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $2,050 a month on top of the upper floors. Permitted use is worth confirming with the city.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 24 whole-home leases in Dovercourt-Wallace Emerson-Junction signed at a median of $4,210 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,529. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of FOREST HILL REAL ESTATE INC.. MLS®/PropTx.