115 Edwin Avenue, Toronto, ON

Dovercourt-Wallace Emerson-Junction, Toronto · MLS® W13772832

$1,199,999
For Sale
Listed 38 days agoNo offer date statedSitting longer than typical
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4Bedrooms
2Bathrooms
1Garage
1500-2000Sq ft

About this home

In short

  • Beautiful 4 Bdrm , Detach 2.5 Storey Home Located In Heart Of The Junction Triangle.
  • This Home Has Been Completely Renovated From Top To Bottom With The Latest Finishes, The Main Floor Boasts An Open Concept Floor Plan With A Large Living & Dining Rm...

Beautiful 4 Bdrm , Detach 2.5 Storey Home Located In Heart Of The Junction Triangle ! This Home Has Been Completely Renovated From Top To Bottom With The Latest Finishes, The Main Floor Boasts An Open Concept Floor Plan With A Large Living & Dining Rm, Brand New Kitchen Complete With Center Island & New Appliances, 2 Upgraded Washrooms, New LED Light Fixtures, Large Master W/ Closet, Spacious 2nd & 3rd Bdrms, Bonus 3rd Storey Loft Bdrm Complete W/ Closet , Partially Finished Bsmt With 3 Pc Washroom, This Stunning Home Is A MUST SEE ! You Will Not Be Disappointed ! Hundreds & Hundreds Of Thousands Spent On This Home , Ready For You To Move In.

Key facts

Property type
Detached, 2 1/2 Storey
MLS®
W13772832
Bedrooms
4
Bathrooms
2
Size
1500-2000 sq ft
Lot
17 × 100 ft
Cross streets
Dupont/Symington
Parking
1 garage (detached)
Driveway
Private
Basement
Partially Finished
Heating
Radiant
A/C
None
Exterior
Brick Front
Foundation
Concrete, Stone
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$4,531 / 2026
Days on market
38
Listing brokerage
RE/MAX WEST REALTY INC.

Rooms

Living RoomMain4.87 × 3.65 m

vinyl floor · combined w/dining · led lighting

BedroomThird3.65 × 4.57 m

window · overlooks backyard · led lighting

Bedroom 3Second3.35 × 2.56 m
KitchenMain3.96 × 3.35 m

centre island · stainless steel appl · double sink

Primary BedroomSecond3.35 × 3.04 m

vinyl floor · closet · large window

Dining RoomMain3.04 × 3.65 m

vinyl floor · combined w/living · led lighting

Bedroom 2Second3.35 × 3.04 m

closet · led lighting · window

RecreationBasement3.35 × 2.56 m

panelled · window

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.18Mlikely sale price

Listed at $1,199,999. Going by how homes in Dovercourt-Wallace Emerson-Junction and the wider GTA have actually closed against their asking prices (about 98%, 10 local closings in 90 days), the likely sale price is near $1.18M, if it sells. A realistic range is $1.10M to $1.33M.

Independent value check: $1.16M. Without looking at the asking price, our model values the home itself about 4% below the ask (homes like it typically land between $1.08M and $1.21M).

Why $1.16M. The typical detached home sold in Dovercourt-Wallace Emerson-Junction over the past year went for about $1.33M (58 sales). What sets this one apart:

  • ▼ Lowers it stronglyIts tax bill, which follows the city's own assessment, is $4,531 a year; the typical home sold here pays about $6,200.
  • ▲ Raises itThe listing describes it as fully renovated or newly built.

Longer on the market than typical. 38 days on the market against about 19 for homes like it here, and asking 4% above where comparable closings put it.

List price
$1.10MBelow recent closings$1.33MAbove recent closings

Total price vs nearby homes. Likely closing about $1.18M, from 10 recent closings in this pocket.

The market behind the math:

10sold nearby · 90 days
$1.26Mmedian sold price
99%of asking, on average
−12%prices vs a year ago
~15 dayshomes like this take to sell
38days on market so far
$4,109/moest. rent · 11 leases
4.1%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 5.1 months of inventory: 17 detached homes for sale in the area against 10 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $686/sqft against an area asking average of $841/sqft.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.

It never sees the asking price. The 10 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $962K. Condition and finishes remain an in-person call.

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
  • Open-concept layout: modern, sought-after flow. Lifestyle
Schools & getting aroundcatchment and transit

Its public catchment (Perth Avenue Junior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO 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 10 comparable homes that sold in Dovercourt-Wallace Emerson-Junction over the past two years, from 123 closings there.

What sellers nearby are askingCurrently listed nearby in Dovercourt-Wallace Emerson-Junction · asking prices
$1.13Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $1.16M, which is where my estimate comes from.

Per square foot, these ask about $613/sqft; this home lists at $686/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
1.20MThis home1.30M1.30M799kThis home vs active comparables

Sold price trend

Median sold price for detached homes in Toronto: $1.20M in September 2026, down 1% from a year ago, on 7,360 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Toronto as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$1.25M739
November 2025$1.21M596
December 2025$1.14M384
January 2026$1.20M285
February 2026$1.23M453
March 2026$1.34M580
April 2026$1.31M776
May 2026$1.30M861
June 2026$1.25M772
July 2026$1.17M684
August 2026$1.19M552
September 2026$1.20M678

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.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Stonegate-Queensway
$2.25M
Islington-City Centre West
$1.54M
Leaside
$2.15M
Banbury-Don Mills
$5.50M
Woodbine-Lumsden
$949K

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 Perth Avenue Junior Public School
77%
Perth Avenue Junior Public SchoolPublic · Elementary · 0.4 km awayAbove the GTA average · 77% meet the provincial standard
ALPHA II Alternative SchoolEQAO results not published
ALPHA II Alternative SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
St Luigi Catholic School · Catholic elementary0.4 km · 36% at standard
Lucy McCormick Senior School · Public elementary0.4 km
Indian Road Crescent Junior Public School · Public elementary0.5 km · 88% at standard
Carleton Village Junior and Senior Public School · Public elementary0.9 km · 42% at standard
Keele Street Public School · Public elementary1.0 km · 82% at standard
Mountview Alternative School School · Public elementary1.0 km · 83% at standard
St Paul VI Catholic School · Catholic elementary1.0 km · 76% at standard
Bishop Marrocco/Thomas Merton Catholic Secondary School · Catholic secondary1.0 km · 55% at standard
St Sebastian Catholic School · Catholic elementary1.3 km · 92% at standard
Pauline Junior Public School · Public elementary1.3 km · 76% at standard
Humberside Collegiate Institute · Public secondary1.4 km · 88% at standard
St Mary of the Angels Catholic School · Catholic elementary1.4 km · 76% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$5,469/mo
$223KIncome needed
5.4×Price ÷ income
$1,262Weekly cost
$40,950Land transfer tax, one-time (Ontario + Toronto)
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.

94%mortgage
Mortgage $5,469Property tax $378Total carry $5,847

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,308per month

Mortgage amount $959,999 · 4.49% over 25 years

$240,000Down payment (20.0%)
$959,999Loan before insurance
$0CMHC premium
$5,686Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,308
Property tax
$378
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,686

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

One-time closing costs

Ontario land transfer tax
$20,475
Toronto municipal land transfer tax
$20,475
Estimated closing costs
$40,950

Plus your down payment of $240,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$6,424/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

$632,401Total interest paid
$1,592,400Total of all payments
Principal $959,999 Interest $632,401
YearPrincipalInterestBalance
1$21,423$42,273$938,576
2$22,396$41,300$916,180
3$23,413$40,283$892,768
4$24,476$39,220$868,292
5$25,587$38,109$842,705
6$26,749$36,947$815,956
7$27,963$35,733$787,993
8$29,233$34,463$758,760
9$30,560$33,136$728,200
10$31,948$31,748$696,252
11$33,398$30,298$662,854
12$34,915$28,781$627,939
13$36,500$27,196$591,439
14$38,157$25,539$553,282
15$39,890$23,806$513,393
16$41,701$21,995$471,692
17$43,594$20,102$428,098
18$45,574$18,122$382,524
19$47,643$16,053$334,881
20$49,806$13,890$285,075
21$52,067$11,629$233,008
22$54,431$9,265$178,577
23$56,903$6,793$121,674
24$59,486$4,210$62,187
25$62,187$1,509$0

At the end of your 5-year term

Total paid over the term
$318,480
Principal paid down
$117,294
Interest paid
$201,186
Balance remaining
$842,705

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
From 11 whole-home leases in Dovercourt-Wallace Emerson-Junction$4,109/mo
$49,308Gross annual rent
3.2%Cap rate after taxes and upkeep
$3,780 to $4,662Typical rent range
~42 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 11 whole-home leases in Dovercourt-Wallace Emerson-Junction signed at a median of $3,382 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,109. 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.

4.1%
Gross yield
− Property tax $4,531− Insurance $1,400− Vacancy & upkeep $5,424Net operating income $37,953

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

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