413 Westmoreland Avenue, Toronto, ON
Dovercourt-Wallace Emerson-Junction, Toronto · MLS® W13573250
About this home
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
- 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
- 1
- Listing brokerage
- FOREST HILL REAL ESTATE INC.
Rooms
Listed at $1,099,999, this home is about 15% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.
There were not many closely comparable homes right in Dovercourt-Wallace Emerson-Junction, so I widened the search to the surrounding area.
Based on 7 similar homes nearby, adjusted for size, beds, and baths.Median of 7 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $932K, 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 $970K
- Bathrooms −$15K
- Adjusts to $955K
That comparable adjusts to $955K; the $955K estimate above is the median of all 7 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.
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.
On location, this is a very walkable address with everyday errands close by. Dovercourt Rd at Davenport Rd South Side 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 $955K, median of 7 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.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Sold as-is / needs work: budget for renovation, the price should reflect the condition.
- Value driver
- Weigh carefully
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 7 active listings nearby.
See all comparable homesThis home lists 22% above the area average of $693/sqft.
9 days faster than the Toronto average (10 days).
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: Dovercourt Rd at Davenport Rd South Side, 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 $879,999 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,696
- Property tax
- $375
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $5,071
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $18,475
- Toronto municipal land transfer tax
- $18,475
- Estimated closing costs
- $36,950
Plus your down payment of $220,000. 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
- $281,760
- Principal paid down
- $112,068
- Interest paid
- $169,692
- Balance remaining
- $767,931
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
Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.
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 FOREST HILL REAL ESTATE INC.. MLS®/PropTx.