3 Armstrong Avenue, Toronto, ON
Dovercourt-Wallace Emerson-Junction, Toronto · MLS® W13841428
About this home
In short
- This great triplex is a testament to a modern renovation and quality build.
- Each unit has been meticulously rebuilt using quality materials, ensuring durability & aesthetic appeal.
- The massive third-floor loft is a standout feature, with its vaulted ceilings creating an airy and expansive atmosphere.
- The stylish lower level suite with separate entrance, heated floors & featuring 9-foot ceilings that give it a spacious and open feel, rare for a basement suite.
- The natural light flooding the space enhances its appeal, making it a bright and cheerful environment & the lower level is perfect for tenant, a home office, creative...
This great triplex is a testament to a modern renovation and quality build. It offers an unparalleled living experience in the city. Each unit has been meticulously rebuilt using quality materials, ensuring durability & aesthetic appeal. The property is a perfect blend of luxury, comfort, and convenience, making it an ideal choice for families, professionals, or investors. The owner's suite, spans the second and third floors, is a sanctuary of elegance and comfort. It boasts a luxurious 5 pc bathroom & eat-in kitchen equipped with ample space for cooking & dining, with wainscotting that adds a touch of sophistication to the space. The massive third-floor loft is a standout feature, with its vaulted ceilings creating an airy and expansive atmosphere. This area seamlessly combines an open concept offering versatility for work, leisure and sleep. A private outdoor deck extends from the loft, providing a perfect spot to unwind & enjoy stunning sunset views of the iconic CN Tower.The main floor suite exudes warmth and coziness, with a gas fireplace & open-concept living and kitchen area is designed for modern living, with a large centre island that serves as both a functional workspace and a gathering spot for family and friends. The stylish lower level suite with separate entrance, heated floors & featuring 9-foot ceilings that give it a spacious and open feel, rare for a basement suite. The natural light flooding the space enhances its appeal, making it a bright and cheerful environment & the lower level is perfect for tenant, a home office, creative studio or in-law space. The property also includes a double carport, providing convenient parking for two vehicles or adding a laneway unit. The fenced yard comes with a private patio & fully landscaped & is located in a desirable neighbourhood. This property is within walking distance to the subway station, making commuting a breeze. It is also close to a variety of popular cafes, restaurants, and shops on Bloor Street.
Key facts
- Property type
- Other, 3-Storey
- MLS®
- W13841428
- Bedrooms
- 3
- Bathrooms
- 3
- Size
- 1500-2000 sq ft
- Lot
- 20 × 122.82 ft
- Cross streets
- Dufferin Street to Dupont Street
- Parking
- 2 garage (carport)
- Driveway
- Lane
- Basement
- Separate Entrance, Apartment, Finished with Walk-Out
- Heating
- Radiant
- A/C
- Wall Unit(s)
- Exterior
- Brick
- Foundation
- Block
- Roof
- Asphalt Rolled
- Sewer
- Sewer
- Property tax
- $9,246 / 2026
- Days on market
- 20
- Listing brokerage
- HOMELIFE/ROMANO REALTY LTD.
Rooms
hardwood floor · large window · open concept
hardwood floor · family size kitchen · combined w/dining
w/o to deck · open concept · large window
Hardwood Floor
heated floor · 3 pc bath · galley kitchen
heated floor · large window · open concept
hardwood floor · w/w closet · combined w/office
Wood
3 pc ensuite · hardwood floor · large window
5 pc bath · ceramic floor · soaking tub
heated floor · large window · sliding doors
hardwood floor · fireplace · combined w/kitchen
hardwood floor · centre island · walk-out
No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.
Considering this property? Request a written price readThe assigned public school is Pauline 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.
Nothing closely matching this home is listed nearby right now, so these are the nearest listings on the market.
Per square foot, these ask about $746/sqft; this home lists at $1,257/sqft. Size is part of the price story, not just the sticker.
The 4 closest active listings nearby.
See all comparable homesNeighbourhood & location
Dovercourt-Wallace Emerson-Junction, Toronto, ON
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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
Homes over $1.5M can't be insured, so 20% down or more is required.
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 $1,760,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $9,731
- Property tax
- $771
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $10,502
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $41,475
- Toronto municipal land transfer tax
- $41,475
- Estimated closing costs
- $82,950
Plus your down payment of $440,000. 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
- $583,881
- Principal paid down
- $215,040
- Interest paid
- $368,841
- Balance remaining
- $1,544,960
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 HOMELIFE/ROMANO REALTY LTD.. MLS®/PropTx.



