127 Salem Avenue, Toronto, ON
Dovercourt-Wallace Emerson-Junction, Toronto · MLS® W13822392
About this home
In short
- Fantastic opportunity in the heart of Bloorcourt Village.
- This 3-bedroom semi offers the comfort and flexibility of a house without condo fees, plus the rare convenience of legal front-pad parking.
- While upstairs offers 3 bedrooms and a 3-piece bathroom.
- The basement provides additional flexible living space with a second kitchen, 3-piece bathroom, living area and storage.
Fantastic opportunity in the heart of Bloorcourt Village! This 3-bedroom semi offers the comfort and flexibility of a house without condo fees, plus the rare convenience of legal front-pad parking.Right outside your door you have Bloorcourt Village, Dovercourt Park is just steps away, while both Dufferin and Ossington subway stations are easily accessible. Enjoy close proximity to schools, Dufferin Mall, Bloor/Gladstone Library, Wallace Emerson Community Centre, TTC, shops, restaurants, cafes and just a short walk north you will arrive at the Trendy Geary Ave. and much more in one of Toronto's sought-after vibrant neighborhood's. The main floor features a living and dining area and a kitchen with a walkout to the patio. While upstairs offers 3 bedrooms and a 3-piece bathroom. The basement provides additional flexible living space with a second kitchen, 3-piece bathroom, living area and storage. A great opportunity to make this home your own while enjoying everything Bloor court Village has to offer. Great location. Great potential. No condo fees. Legal front pad parking. Come see for yourself!
Key facts
- Property type
- Semi-Detached, 2-Storey
- MLS®
- W13822392
- Bedrooms
- 3
- Bathrooms
- 2
- Size
- 700-1100 sq ft
- Lot
- 17.75 × 48 ft
- Cross streets
- Dovercourt Rd. and Bloor
- Parking
- 1 parking
- Basement
- Full
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Stone
- Roof
- Asphalt Shingle, Flat
- Sewer
- Sewer
- Property tax
- $4,600 / 2026
- Days on market
- 25
- Listing brokerage
- RE/MAX ULTIMATE REALTY INC.
Rooms
hardwood floor · window · closet
Broadloom
broadloom · window
galley kitchen · vinyl floor · w/o to porch
broadloom · window
Broadloom
hardwood floor · window · closet
hardwood floor · window · closet
Listed at $729,000. Going by how homes in Dovercourt-Wallace Emerson-Junction and the wider GTA have actually closed against their asking prices (about 100%, 18 local closings in 90 days), the likely sale price is near $731K, if it sells. A realistic range is $685K to $824K.
Independent value check: $856K. Without looking at the asking price, our model values the home itself about 17% above the ask (homes like it typically land between $803K and $897K).
Why $856K. The typical semi-detached home sold in Dovercourt-Wallace Emerson-Junction over the past year went for about $1.21M (90 sales). What sets this one apart:
- ▼ Lowers it stronglyIts tax bill, which follows the city's own assessment, is $4,600 a year; the typical home sold here pays about $5,600.
- ▼ Lowers it stronglyIt is 700 to 1,100 sq ft; the typical home sold here is 1,100 to 1,500.
- ▼ Lowers itIts lot is 18 by 48 ft; the typical lot sold here is 18 by 108.
- ▼ Lowers it slightly3 bedrooms and 2 baths, against 3+1 and 3 typically.
Total price vs nearby homes. Likely closing about $731K, from 18 recent closings in this pocket.
The market behind the math:
About 1.7 months of inventory: 10 semi-detached homes for sale in the area against 18 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $810/sqft against an area asking average of $980/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 18 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.01M. Condition and finishes remain an in-person call.
Schools & getting aroundcatchment and transit
The assigned public school is Dovercourt Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
Based on 6 homes sold on this street over the past two years, from 179 closings in Dovercourt-Wallace Emerson-Junction.
For sale
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 semi-detached listings on the market. Homes like this one have recently closed around $856K, which is where my estimate comes from.
Per square foot, these ask about $987/sqft; this home lists at $810/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 7 active listings nearby.
See all comparable homesSold price trend
Median sold price for semi-detached homes in Dovercourt-Wallace Emerson-Junction: $1.05M in September 2026, down 11% from a year ago, on 78 closings in 10 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.31M | 7 |
| November 2025 | $1.16M | 10 |
| January 2026 | $1.18M | 8 |
| March 2026 | $1.30M | 11 |
| April 2026 | $1.42M | 7 |
| May 2026 | $1.18M | 13 |
| June 2026 | $1.23M | 5 |
| July 2026 | $1.12M | 5 |
| August 2026 | $1.03M | 5 |
| September 2026 | $1.05M | 7 |
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 19, 2026); conventional rates run a little higher.
Mortgage amount $583,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,225
- Property tax
- $383
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $3,608
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $11,055
- Toronto municipal land transfer tax
- $11,055
- Estimated closing costs
- $22,110
Plus your down payment of $145,800. 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
- $193,477
- Principal paid down
- $71,256
- Interest paid
- $122,220
- Balance remaining
- $511,944
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 15 whole-home leases in Dovercourt-Wallace Emerson-Junction signed at a median of $3,811 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,505. 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 RE/MAX ULTIMATE REALTY INC.. MLS®/PropTx.