204 Franklin Avenue, Toronto, ON

Dovercourt-Wallace Emerson-Junction, Toronto · MLS® W13859212

$1,300,888
For Sale
Listed 16 days agoNo offer date stated
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3Bedrooms
4Bathrooms
1Parking
1100-1500Sq ft

About this home

In short

  • This fully renovated detached home in desirable Toronto's Junction area combines quality materials with expert craftsmanship.
  • The renovation took the interior down to the studs and floor joists, it was then completely rebuilt with contemporary design and inviting character throughout.
  • Updates included all-new wiring, plumbing, insulation, drywall, HVAC, flooring, roofing, kitchen, bathrooms, and a 100-amp hydro panel, all completed with the...
  • The open-concept main floor features a solid oak staircase, modern finishes, anda spacious living and kitchen area ideal for entertaining, along with three generous...

This fully renovated detached home in desirable Toronto's Junction area combines quality materials with expert craftsmanship. The renovation took the interior down to the studs and floor joists, it was then completely rebuilt with contemporary design and inviting character throughout. Updates included all-new wiring, plumbing, insulation, drywall, HVAC, flooring, roofing, kitchen, bathrooms, and a 100-amp hydro panel, all completed with the required permits and inspections bringing it up to current Building Code Standards. The open-concept main floor features a solid oak staircase, modern finishes, anda spacious living and kitchen area ideal for entertaining, along with three generous bedrooms and four stylish bathrooms.

Key facts

Property type
Detached, 2-Storey
MLS®
W13859212
Bedrooms
3
Bathrooms
4 (2 half)
Size
1100-1500 sq ft
Lot
17.42 × 100 ft
Cross streets
Dupont and Franklin
Parking
1 parking
Driveway
Private
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Stucco (Plaster)
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$4,276 / 2025
Days on market
16
Listing brokerage
LPT Realty

Rooms

Bedroom 3Upper3.35 × 2.18 m

Laminate

Living RoomMain6.86 × 5.03 m

hardwood floor · fireplace · w/o to deck

KitchenMain3.40 × 4.88 m

ceramic floor · granite counters · breakfast area

Bedroom 2Upper3.37 × 3.26 m

Hardwood Floor

Primary BedroomUpper3.18 × 4.93 m

hardwood floor · ensuite bath · w/o to balcony

Dining RoomMain3.48 × 3.40 m

Laminate

Our TakeTeam Asgarian · Broker
No automatic estimate

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 read

Its public catchment (Perth Avenue Junior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

What sellers nearby are askingCurrently listed nearby in Dovercourt-Wallace Emerson-Junction · asking prices
$1.36Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market.

Per square foot, these ask about $843/sqft; this home lists at $1,001/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
1.30MThis home1000k1.69M1.39MThis home vs active comparables

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 · 0.3 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 elementary0.5 km
Indian Road Crescent Junior Public School · Public elementary0.6 km · 88% at standard
Carleton Village Junior and Senior Public School · Public elementary0.9 km · 42% 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
Keele Street Public School · Public elementary1.1 km · 82% at standard
Mountview Alternative School School · Public elementary1.1 km · 83% at standard
St Sebastian Catholic School · Catholic elementary1.2 km · 92% at standard
Pauline Junior Public School · Public elementary1.3 km · 76% at standard
St Mary of the Angels Catholic School · Catholic elementary1.4 km · 76% at standard
Humberside Collegiate Institute · Public secondary1.4 km · 88% at standard

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

Affordability & Mortgage

Affordability
$5,929/mo
$239KIncome needed
5.4×Price ÷ income
$1,368Weekly cost
$44,986Land 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 $5,929Property tax $356Total carry $6,285

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)
$5,754per month

Mortgage amount $1,040,710 · 4.49% over 25 years

$260,178Down payment (20.0%)
$1,040,710Loan before insurance
$0CMHC premium
$6,111Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,754
Property tax
$356
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,111

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

One-time closing costs

Ontario land transfer tax
$22,493
Toronto municipal land transfer tax
$22,493
Estimated closing costs
$44,986

Plus your down payment of $260,178. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$6,965/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

$685,570Total interest paid
$1,726,280Total of all payments
Principal $1,040,710 Interest $685,570
YearPrincipalInterestBalance
1$23,224$45,827$1,017,486
2$24,279$44,772$993,207
3$25,381$43,670$967,826
4$26,533$42,518$941,293
5$27,738$41,313$913,555
6$28,998$40,054$884,557
7$30,314$38,737$854,243
8$31,691$37,361$822,552
9$33,129$35,922$789,423
10$34,634$34,418$754,789
11$36,206$32,845$718,583
12$37,850$31,201$680,733
13$39,569$29,483$641,164
14$41,365$27,686$599,799
15$43,243$25,808$556,556
16$45,207$23,844$511,349
17$47,259$21,792$464,090
18$49,405$19,646$414,684
19$51,648$17,403$363,036
20$53,993$15,058$309,043
21$56,445$12,606$252,598
22$59,008$10,044$193,590
23$61,687$7,364$131,903
24$64,488$4,563$67,416
25$67,416$1,635$0

At the end of your 5-year term

Total paid over the term
$345,256
Principal paid down
$127,156
Interest paid
$218,100
Balance remaining
$913,555

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
Estimate$2,300/mo
$27,600Gross annual rent
1.5%Cap rate after taxes and upkeep

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

Talk about the numbers

Estimates 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.

2.1%
Gross yield
− Property tax $4,276− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $18,888

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of LPT Realty. MLS®/PropTx.

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