20-26 Ernest Avenue, Toronto, ON
Dovercourt-Wallace Emerson-Junction, Toronto · MLS® W13791394
About this home
In short
- Welcome to Heritage Towns on the Trail, where thoughtful design, great space and one of the city's most connected locations come together.
- This 3-bedroom townhome has been carefully customized from the original builder design, starting with a reconfigured kitchen that creates a more spacious and...
- The primary suite offers a custom walk-in closet along with additional custom cabinetry for extra storage.
Welcome to Heritage Towns on the Trail, where thoughtful design, great space and one of the city's most connected locations come together. This 3-bedroom townhome has been carefully customized from the original builder design, starting with a reconfigured kitchen that creates a more spacious and practical layout, finished with JennAir appliances, a high-end faucet and elevated finishes. The main floor features custom media wall with built-in shelving and is smart-home ready, while the upgraded laundry adds everyday convenience. The primary suite offers a custom walk-in closet along with additional custom cabinetry for extra storage. Upstairs, the private rooftop terrace is a true extension of the living space, complete with composite decking, a gas line and a great setup for entertaining, dining or relaxing outdoors. One parking space and one locker are included, plus visitor parking conveniently located right out front - ideal for guests and unloading groceries. Set within a vibrant, walkable community with groceries, cafés, restaurants and everyday essentials close by, while UP Express, GO and TTC are just steps away for easy access downtown, to the airport and across the city.
Key facts
- Property type
- Townhouse, 3-Storey
- MLS®
- W13791394
- Bedrooms
- 3
- Bathrooms
- 3 (1 half)
- Size
- 1500-2000 sq ft
- Lot
- 13.29 × 35.76 ft
- Cross streets
- Bloor and Dundas
- Parking
- 1 garage (other)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Flat
- Sewer
- Sewer
- Property tax
- $6,223 / 2026
- Days on market
- 33
- Listing brokerage
- CENTURY 21 PERCY FULTON LTD.
Rooms
combined w/dining · hardwood floor · b/i shelves
5 pc ensuite · walk-in closet(s)
Skylight
combined w/living · hardwood floor · open concept
large closet · large window
hardwood floor · open concept · stainless steel appl
w/o to roof · hardwood floor
Listed at $1,339,000. Going by how homes in Dovercourt-Wallace Emerson-Junction and the wider GTA have actually closed against their asking prices (about 99%, 5 local closings in 90 days), the likely sale price is near $1.33M, if it sells. A realistic range is $1.24M to $1.50M.
Independent value check: $1.25M. Without looking at the asking price, our model values the home itself about 7% below the ask (homes like it typically land between $1.17M and $1.31M).
Why $1.25M. The typical townhouse sold in Dovercourt-Wallace Emerson-Junction over the past year went for about $1.11M (32 sales). What sets this one apart:
- ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $6,223 a year; the typical home sold here pays about $5,200.
- ▼ Lowers itIts lot is 13 by 36 ft; the typical lot sold here is 15 by 118.
- ▲ Raises itIt is 1,500 to 2,000 sq ft; the typical home sold here is 1,100 to 1,500.
Longer on the market than typical. 33 days on the market against about 21 for homes like it here, and asking 7% above where comparable closings put it.
Total price vs nearby homes. Likely closing about $1.33M, from 5 recent closings in this pocket.
The market behind the math:
About 3.6 months of inventory: 6 townhouse homes for sale in the area against 5 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $765/sqft against an area asking average of $685/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 5 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.26M. Condition and finishes remain an in-person call.
What the listing highlights1 point to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Primary suite: a key comfort and resale feature. 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 5 comparable homes that sold in Dovercourt-Wallace Emerson-Junction over the past two years, from 68 closings there.
For sale
For sale
For sale
For sale
For sale
For saleNothing 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 $1.25M, which is where my estimate comes from.
Per square foot, these ask about $691/sqft; this home lists at $765/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 6 active listings nearby.
See all comparable homesSold price trend
Median sold price for townhouses in Toronto: $1.06M in September 2026, down 3% from a year ago, on 900 closings in 12 months.
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
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.05M | 84 |
| November 2025 | $1.04M | 75 |
| December 2025 | $1.05M | 55 |
| January 2026 | $1.04M | 38 |
| February 2026 | $1.17M | 53 |
| March 2026 | $1.09M | 86 |
| April 2026 | $1.22M | 95 |
| May 2026 | $1.10M | 88 |
| June 2026 | $1.05M | 97 |
| July 2026 | $960K | 91 |
| August 2026 | $995K | 47 |
| September 2026 | $1.06M | 91 |
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.
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 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.
Mortgage amount $1,071,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,923
- Property tax
- $519
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $6,441
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $23,255
- Toronto municipal land transfer tax
- $23,255
- Estimated closing costs
- $46,510
Plus your down payment of $267,800. 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
- $355,371
- Principal paid down
- $130,881
- Interest paid
- $224,490
- Balance remaining
- $940,319
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 numbersThe last 24 whole-home leases in Dovercourt-Wallace Emerson-Junction signed at a median of $4,373 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,325. 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 CENTURY 21 PERCY FULTON LTD.. MLS®/PropTx.