61-1 Elsie Lane, Toronto, ON

Dovercourt-Wallace Emerson-Junction, Toronto · MLS® W14028572

$1,278,000
For Sale
Listed 5 days agoNo offer date stated

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3Bedrooms
3Bathrooms
1Garage
1500-2000Sq ft

About this home

In short

  • Space is the Luxury here but "The Power" of this Location lies in its Connectivity.
  • The expansive main floor offers generous living and dining areas, an open-concept kitchen with quartz counters and stainless steel appliances, hardwood floors and...
  • Included : 1 underground Parking Space + 1 Locker.
  • Hardwood Floors, quartz kitchen counters, stainless steel appliances and excellent storage.

Space is the Luxury here but "The Power" of this Location lies in its Connectivity. Welcome to 61-1 Elsie Lane, a remarkably spacious 3-bedroom + office, 3-bathroom townhome tucked into a quiet enclave in the heart of the Junction Triangle. Designed across multiple levels, this is a home that gives everyone room to live well. The expansive main floor offers generous living and dining areas, an open-concept kitchen with quartz counters and stainless steel appliances, hardwood floors and excellent natural light. A full floor dedicated to the primary bedroom creates a private retreat, while two additional bedrooms and a full bathroom occupy the third level. Upstairs, a versatile office/flex space opens to one of the home's best features " a fabulous private rooftop terrace " with open views and wonderful space to dine, entertain, garden or simply enjoy the outdoors. Three bathrooms, excellent storage, underground parking and a locker add the everyday practicality buyers want. Steps to the West Toronto Railpath with new immediate access to Bloor station for UP Express, GO and TTC, with the Junction, Roncesvalles, Bloor West and High Park all within easy reach. Ten minutes to Union Station. For buyers looking for the space of a house, the convenience of urban living and meaningful private outdoor space, the value proposition is Exceptional. EXTRAS: The rare combination of Space, Private Outdoor Living and outstanding connectivity in the Junction Triangle. Private rooftop terrace with room for dining, entertaining & Gardening. Included : 1 underground Parking Space + 1 Locker. Hardwood Floors, quartz kitchen counters, stainless steel appliances and excellent storage. Steps to the West Toronto Railpath with Convenient Access to UP Express, GO, subway and streetcar.

Key facts

Property type
Townhouse, 3-Storey
MLS®
W14028572
Bedrooms
3
Bathrooms
3 (1 half)
Size
1500-2000 sq ft
Lot
13.29 × 35.76 ft
Cross streets
Wallace & Symington
Parking
1 garage (attached)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Unknown
Roof
Unknown
Sewer
Sewer
Property tax
$6,338 / 2026
Days on market
5
Listing brokerage
HARVEY KALLES REAL ESTATE LTD.

Rooms

Dining RoomMain2.92 × 2.92 m

hardwood floor · combined w/living · 2 pc bath

Primary BedroomSecond4.66 × 3.23 m

hardwood floor · 5 pc ensuite · b/i closet

Living RoomMain4.82 × 3.94 m

hardwood floor · combined w/dining · open concept

Bedroom 2Third2.96 × 2.81 m

skylight · 4 pc bath · closet

OfficeUpper3.34 × 2.53 m

open concept · w/o to sundeck · hardwood floor

KitchenMain2.84 × 2.92 m

stainless steel appl · quartz counter · modern kitchen

Bedroom 3Third3.97 × 3.41 m

large window · hardwood floor · closet

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there are not enough closely comparable recent sales nearby 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.

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.

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 · 0.4 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
Bishop Marrocco/Thomas Merton Catholic Secondary School · Catholic secondary0.3 km · 55% at standard
Indian Road Crescent Junior Public School · Public elementary0.8 km · 88% at standard
St Rita Catholic School · Catholic elementary0.9 km · 73% at standard
Keele Street Public School · Public elementary0.9 km · 82% at standard
Mountview Alternative School School · Public elementary0.9 km · 83% at standard
Lucy McCormick Senior School · Public elementary0.9 km
St Sebastian Catholic School · Catholic elementary1.0 km · 92% at standard
Pauline Junior Public School · Public elementary1.0 km · 76% at standard
Howard Junior Public School · Public elementary1.0 km · 76% at standard
Caring and Safe School 4 · Public secondary1.1 km
Bloor Collegiate Institute · Public secondary1.1 km · 82% at standard
Brock Public School · Public elementary1.3 km · 81% at standard

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

Affordability & Mortgage

Affordability
$5,825/mo
$242KIncome needed
5.3×Price ÷ income
$1,344Weekly cost
$44,070Land 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.

92%mortgage
Mortgage $5,825Property tax $528Total carry $6,353

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)
$5,653per month

Mortgage amount $1,022,400 · 4.49% over 25 years

$255,600Down payment (20.0%)
$1,022,400Loan before insurance
$0CMHC premium
$6,181Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,653
Property tax
$528
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,181

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

One-time closing costs

Ontario land transfer tax
$22,035
Toronto municipal land transfer tax
$22,035
Estimated closing costs
$44,070

Plus your down payment of $255,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$6,842/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

$673,508Total interest paid
$1,695,908Total of all payments
Principal $1,022,400 Interest $673,508
YearPrincipalInterestBalance
1$22,816$45,021$999,584
2$23,852$43,985$975,733
3$24,934$42,902$950,798
4$26,067$41,770$924,732
5$27,250$40,586$897,482
6$28,487$39,349$868,994
7$29,781$38,055$839,213
8$31,133$36,703$808,080
9$32,547$35,290$775,534
10$34,024$33,812$741,509
11$35,569$32,267$705,940
12$37,184$30,652$668,756
13$38,872$28,964$629,884
14$40,637$27,199$589,246
15$42,483$25,354$546,764
16$44,411$23,425$502,352
17$46,428$21,408$455,924
18$48,536$19,300$407,388
19$50,740$17,097$356,649
20$53,043$14,793$303,605
21$55,452$12,385$248,154
22$57,969$9,867$190,184
23$60,602$7,235$129,583
24$63,353$4,483$66,230
25$66,230$1,607$0

At the end of your 5-year term

Total paid over the term
$339,182
Principal paid down
$124,918
Interest paid
$214,263
Balance remaining
$897,482

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$3,150/mo
$37,800Gross annual rent
2.0%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.

3.0%
Gross yield
− Property tax $6,338− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $25,904

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HARVEY KALLES REAL ESTATE LTD.. MLS®/PropTx.

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