339-1100 Lansdowne Avenue, Toronto, ON

Dovercourt-Wallace Emerson-Junction, Toronto · MLS® W13812878

$2,598,000
For Sale
Listed 27 days agoNo offer date stated
Request a showing
◎ Directions
2+1Bedrooms
4Bathrooms
2Garage
2750-2999Sq ft

About this home

In short

  • This architecturally significant residence in Toronto's historic Foundry Lofts is a rare showcase of scale, history, and contemporary design.
  • Every detail of this newly reimagined hard loft has been carefully curated, blending bespoke finishes with soaring volumes.
  • The main level opens to a light-filled gourmet kitchen and dining area framed by exposed brick and expansive two-storey windows.
  • The third-level great room is the heart of the home: crowned with a soaring 29-foot cathedral ceiling and flanked by clerestory windows that flood the space with...
  • The primary suite is a private sanctuary with vaulted ceilings, custom built-ins, and a breathtaking, luxurious 5-piece ensuite; a second bedroom and an additional...

This architecturally significant residence in Toronto's historic Foundry Lofts is a rare showcase of scale, history, and contemporary design. Every detail of this newly reimagined hard loft has been carefully curated, blending bespoke finishes with soaring volumes. The main level opens to a light-filled gourmet kitchen and dining area framed by exposed brick and expansive two-storey windows. Here, Fisher & Paykel appliances and Taj Mahal quartzite countertops pair with a striking Audo Copenhagen chandelier above the dining table, creating a seductive balance of function and elegance. Ascend a sculptural spiral staircase with integrated lighting and a private three-level elevator that rises through the home, connecting each dramatic floor above. The second level offers a versatile family/media room with an office nook overlooking the main floor and a 4-piece bathroom, allowing the space to double as a private guest retreat or an additional bedroom as needed. The third-level great room is the heart of the home: crowned with a soaring 29-foot cathedral ceiling and flanked by clerestory windows that flood the space with natural light. Anchored by a floor-to-ceiling decorative steam fireplace and illuminated by a sculptural New Works chandelier, the room is a masterpiece of scale and atmosphere, complemented by a moody library, wet bar + dishwasher, an exposed brick wall, and herringbone floors. The primary suite is a private sanctuary with vaulted ceilings, custom built-ins, and a breathtaking, luxurious 5-piece ensuite; a second bedroom and an additional 3-piece bathroom share the property's impressive aesthetic and abundance of space. And when you thought it was over, a private staircase takes you to a glorious loft with abundant natural light and commanding views over the great room below-located in Davenport, one of "The 39 coolest neighbourhoods in the world in 2025," according to TimeOut Magazine.

Key facts

Property type
Condo Apartment, Loft
MLS®
W13812878
Bedrooms
2+1 (3 total)
Bathrooms
4 (1 half)
Size
2750-2999 sq ft
Cross streets
Lansdowne & Davenport
Parking
2 garage (underground)
Basement
None
Heating
Heat Pump
A/C
Central Air
Exterior
Brick
Maintenance
$1,996/mo
Exposure
North
Property tax
$6,447 / 2025
Days on market
27
Listing brokerage
SOTHEBY'S INTERNATIONAL REALTY CANADA

Rooms

LibraryThird6.50 × 4.04 m

combined w/great rm · b/i closet · built-in speakers

Primary BedroomThird5.69 × 3.00 m

vaulted ceiling(s) · b/i closet · 5 pc ensuite

KitchenMain5.41 × 4.42 m

centre island · b/i appliances · stone counters

Bedroom 2Third4.65 × 3.00 m

b/i desk · built-in speakers · b/i closet

Family RoomSecond5.08 × 4.42 m

overlooks dining · b/i desk · 4 pc bath

FoyerMain0.00 × 0.00 m

b/i closet · 2 pc bath · stone floor

Great RoomThird4.09 × 5.56 m

cathedral ceiling(s) · b/i bookcase · wet bar

Dining RoomMain3.15 × 2.87 m

large window · open stairs · elevator

LoftUpper4.57 × 4.01 m

overlooks living · vaulted ceiling(s) · staircase

Our TakeTeam Asgarian · Broker
A small discount is typical
$2.52Mlikely sale price

Listed at $2,598,000. Going by how homes in Dovercourt-Wallace Emerson-Junction and the wider GTA have actually closed against their asking prices (about 97%, 18 local closings in 90 days), the likely sale price is near $2.52M, if it sells. A realistic range is $2.37M to $2.72M.

Independent value check: no figure for this home. Going only by the sales record, our model lands more than 25% below the ask. At that distance an automated figure has rarely been close to the eventual sale price, so we are not printing one. The usual reason is something the record cannot show: a rebuild, a second unit, or a lot or setting unlike the homes around it.

List price
$2.37MBelow recent closings$2.72MAbove recent closings

Total price vs nearby homes. Likely closing about $2.52M, from 18 recent closings in this pocket.

The market behind the math:

18sold nearby · 90 days
$433Kmedian sold price
94%of asking, on average
−26%prices vs a year ago
~39 dayshomes like this take to sell
27days on market so far
$5,573/moest. rent · 8 leases
2.6%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 3.8 months of inventory: 23 condo apartment homes for sale in the area against 18 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 $904/sqft against an area asking average of $927/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 and this building.

It never sees the asking price. The 18 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.29M. Condition and finishes remain an in-person call.

What the listing highlights4 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
  • Elevator: rare and valuable for accessibility and resale. Lifestyle
Schools & getting aroundcatchment and transit

The assigned public school is Oakwood Collegiate Institute. 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

Priced above comparable homes overall, but the price per square foot ($904/sqft) is in line with the area, so you are paying for extra space rather than a premium.

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 homes sold in this building over the past two years, from 119 closings in Dovercourt-Wallace Emerson-Junction.

What sellers nearby are askingCurrently listed nearby in Dovercourt-Wallace Emerson-Junction · asking prices
$1.15Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest condo apartment listings on the market. Homes like this one have recently closed around $1.70M, which is where my estimate comes from.

Per square foot, these ask about $965/sqft; this home lists at $904/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
2.60MThis home999k750k2.23M899k860kThis home vs active comparables

Sold price trend

Median sold price for condos in Toronto: $540K in September 2026, down 4% from a year ago, on 10,804 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$589K1052
November 2025$569K834
December 2025$545K659
January 2026$565K593
February 2026$575K722
March 2026$565K974
April 2026$565K1042
May 2026$560K1011
June 2026$558K1120
July 2026$560K1030
August 2026$548K882
September 2026$540K885

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.

Niagara
$724K
Kensington-Chinatown
$585K
Waterfront Communities C1
$610K
North St. James Town
$765K
Church-Yonge Corridor
$529K

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 Carleton Village Junior and Senior Public School
42%
Carleton Village Junior and Senior Public SchoolPublic · Elementary · 1.0 km awayBelow the GTA average · 42% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Regal Road Junior Public School · Public elementary0.8 km · 73% at standard
St Rita Catholic School · Catholic elementary0.8 km · 73% at standard
St Paul VI Catholic School · Catholic elementary0.9 km · 76% at standard
Perth Avenue Junior Public School · Public elementary0.9 km · 77% at standard
St Luigi Catholic School · Catholic elementary0.9 km · 36% at standard
Dovercourt Public School · Public elementary1.0 km · 62% at standard
St Sebastian Catholic School · Catholic elementary1.1 km · 92% at standard
Stella Maris Catholic School · Catholic elementary1.1 km · 76% at standard
Pauline Junior Public School · Public elementary1.1 km · 76% at standard
Lucy McCormick Senior School · Public elementary1.1 km
St Clare Catholic School · Catholic elementary1.1 km · 72% at standard
Indian Road Crescent Junior Public School · Public elementary1.3 km · 88% at standard

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

Affordability & Mortgage

Affordability
$11,841/mo
$505KIncome needed
5.1×Price ÷ income
$2,732Weekly cost
$102,850Land 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.

82%mortgage
Mortgage $11,841Property tax $537Condo fee $1,996Total carry $14,374

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.49%
%
Live rate from Ratehub.ca

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

years
years (your rate-locked period)
$11,492per month

Mortgage amount $2,078,400 · 4.49% over 25 years

$519,600Down payment (20.0%)
$2,078,400Loan before insurance
$0CMHC premium
$14,025Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$11,492
Property tax
$537
Condo / maintenance fees
$1,996
Heating
$0
Estimated monthly cost
$14,025

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

One-time closing costs

Ontario land transfer tax
$51,425
Toronto municipal land transfer tax
$51,425
Estimated closing costs
$102,850

Plus your down payment of $519,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$13,909/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

$1,369,149Total interest paid
$3,447,549Total of all payments
Principal $2,078,400 Interest $1,369,149
YearPrincipalInterestBalance
1$46,381$91,521$2,032,019
2$48,487$89,415$1,983,532
3$50,688$87,214$1,932,844
4$52,990$84,912$1,879,854
5$55,396$82,506$1,824,458
6$57,911$79,991$1,766,547
7$60,540$77,362$1,706,006
8$63,289$74,613$1,642,717
9$66,163$71,739$1,576,554
10$69,167$68,735$1,507,388
11$72,307$65,595$1,435,080
12$75,590$62,312$1,359,490
13$79,022$58,880$1,280,468
14$82,610$55,292$1,197,857
15$86,361$51,541$1,111,496
16$90,282$47,620$1,021,214
17$94,382$43,520$926,832
18$98,667$39,235$828,165
19$103,147$34,755$725,019
20$107,830$30,072$617,189
21$112,726$25,176$504,463
22$117,844$20,058$386,619
23$123,195$14,707$263,424
24$128,788$9,114$134,636
25$134,636$3,266$0

At the end of your 5-year term

Total paid over the term
$689,510
Principal paid down
$253,942
Interest paid
$435,568
Balance remaining
$1,824,458

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 8 whole-home leases in Dovercourt-Wallace Emerson-Junction$5,573/mo
$66,876Gross annual rent
1.1%Cap rate after taxes and upkeep
$5,127 to $6,019Typical rent range
~18 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 8 whole-home leases in Dovercourt-Wallace Emerson-Junction signed at a median of $3,925 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $5,573. 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.

2.6%
Gross yield
− Property tax $6,447− Condo fees $23,953− Insurance $600− Vacancy & upkeep $7,356Net operating income $28,519

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SOTHEBY'S INTERNATIONAL REALTY CANADA. MLS®/PropTx.

CallRequest a showing