1259 Davenport Road, Toronto, ON
Dovercourt-Wallace Emerson-Junction, Toronto · MLS® W13682438
About this home
A Two-Unit Property Opportunity in Toronto! Investors and house hackers, discover 1259 Davenport Rd, a substantial 3-storey freehold townhome offering over 2,000 sq. ft. of living space and the potential to generate approximately $6,000/month in rental income. This recently updated home features 5+1 bedrooms, 2 kitchens, multiple private decks and two separate basement entrances, creating an ideal setup for investors seeking strong income potential or buyers looking to house hack and significantly reduce their monthly cost of living. Live in one portion while generating rental income from the additional living spaces, or maximize the property's income potential as an investment. The standout feature is the spacious rooftop deck with unobstructed panoramic views of the downtown Toronto skyline and CN Tower. Ideally located just steps from the Geary Avenue revitalization and future Galleria on the Park, with Ossington, St. Clair West and Bloor all nearby, along with an incredible selection of restaurants, bars, breweries, entertainment and transit. A rare opportunity to secure a flexible, high-income property in one of Toronto's most dynamic and rapidly transforming neighbourhoods.
Key facts
- Property type
- Townhouse, 2 1/2 Storey
- MLS®
- W13682438
- Bedrooms
- 6 (5 + 1)
- Bathrooms
- 2
- Size
- 1500-2000
- Lot
- 14.33 × 77 ft
- Cross streets
- Dufferin & Davenport
- Parking
- 0 parking
- Basement
- Full, Finished, Separate Entrance
- Heating
- Forced Air
- A/C
- Window Unit(s)
- Exterior
- Brick
- Foundation
- Unknown
- Roof
- Asphalt Shingle, Other
- Sewer
- Sewer
- Property tax
- $4,253 / 2025
- Listing brokerage
- Rock Star Real Estate Inc., Brokerage
Rooms
Listed at $924,990, and my independent estimate is within the range of a wider set of listings, but with few close matches nearby, so worth confirming with a precise CMA.
In Dovercourt-Wallace Emerson-Junction lately, sellers get about 106% of asking; homes sell in ~20 days · prices up 14% YoY.
Total price vs nearby homes. Fair value about $1.04M, median of 6 comparables.
How this estimate is builtthe short version
I take the 6 most comparable recent listings nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single listing.
It’s grounded in comparable active listings. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $768K, lower than the comparables and worth a second look.
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 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 6 comparable homes nearby.
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest active listings nearby.
See all comparable homesThis home lists 7% below the area average of $570/sqft.
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.
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 4.09% via Ratehub.ca (as of August 17, 2026); conventional rates run a little higher.
Mortgage amount $739,992 · 4.24% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,989
- Property tax
- $354
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,344
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $14,975
- Toronto municipal land transfer tax
- $14,975
- Estimated closing costs
- $29,950
Plus your down payment of $184,998. 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
- $239,363
- Principal paid down
- $93,134
- Interest paid
- $146,229
- Balance remaining
- $646,858
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 Rock Star Real Estate Inc., Brokerage. MLS®/PropTx.