441 Delaware Avenue, Toronto, ON

Dovercourt-Wallace Emerson-Junction, Toronto · MLS® W14080462

$1,299,999
For Sale
Listed 4 days agoNo offer date stated
Request a showing
◎ Directions
5Bedrooms
2Bathrooms
2Garage
1500-2000Sq ft

About this home

In short

  • Bring your vision to 441 Delaware Avenue a character-filled 1912 home offering generous space and an opportunity to make it your own in Toronto's vibrant Dovercourt...
  • With five bedrooms, two bathrooms, and over 2,000 sq. ft. of total living space, this home retains its original hardwood flooring and classic pre-war charm.
  • The garage also presents an opportunity to explore a future laneway suite conversion or redevelopment, subject to zoning, site feasibility, and municipal approvals.
  • A bachelor basement apartment with a separate backyard entrance is currently tenanted at $1,400 per month, offering an existing rental income stream.

Bring your vision to 441 Delaware Avenue a character-filled 1912 home offering generous space and an opportunity to make it your own in Toronto's vibrant Dovercourt neighbourhood. With five bedrooms, two bathrooms, and over 2,000 sq. ft. of total living space, this home retains its original hardwood flooring and classic pre-war charm. Windows have been updated, and the knob-and-tube wiring has been removed. Enjoy an enclosed patio, a backyard deck for outdoor gatherings, and a two-car garage accessed from the laneway. The garage also presents an opportunity to explore a future laneway suite conversion or redevelopment, subject to zoning, site feasibility, and municipal approvals. A bachelor basement apartment with a separate backyard entrance is currently tenanted at $1,400 per month, offering an existing rental income stream. Set on a quiet residential street with a strong sense of community, the home offers convenient access to the Bloor Ossington and Dupont Ossington corridors. Nearby parks include Dovercourt Park, Garrison Creek Park, and Bartlett Parkette, with Christie Pits and Dufferin Grove Park also in the surrounding area. Neighbourhood cafés, restaurants, grocery stores, independent shops, Dufferin Mall, and public transit round out the appeal. An opportunity to bring new life to a classic Toronto home with spacious interiors, outdoor space, laneway parking, existing rental income, and potential for the future.

Key facts

Property type
Detached, 2 1/2 Storey
MLS®
W14080462
Bedrooms
5
Bathrooms
2
Size
1500-2000 sq ft
Lot
18 × 125 ft
Cross streets
Dovercourt - Ossington- Dupont
Parking
2 garage (detached)
Basement
Apartment, Separate Entrance
Heating
Forced Air
A/C
None
Exterior
Aluminum Siding, Brick
Foundation
Brick, Concrete
Roof
Asphalt Shingle, Flat
Sewer
Sewer
Property tax
$6,346 / 2026
Days on market
4
Listing brokerage
CENTURY 21 PERCY FULTON LTD.

Rooms

Primary BedroomSecond4.27 × 3.92 m

large window · closet

KitchenMain4.06 × 3.70 m

Large Window

BedroomSecond3.52 × 2.89 m

closet · window

Family RoomMain2.83 × 3.71 m

hardwood floor · large window

BedroomSecond3.17 × 3.27 m

closet · hardwood floor · window

Living RoomMain3.25 × 3.62 m

large window · hardwood floor

BedroomThird4.26 × 3.92 m

closet · window · hardwood floor

BedroomThird4.26 × 3.92 m

closet · window · hardwood floor

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.28Mlikely sale price

Listed at $1,299,999. Going by how homes in Dovercourt-Wallace Emerson-Junction and the wider GTA have actually closed against their asking prices (about 98%, 11 local closings in 90 days), the likely sale price is near $1.28M, if it sells. A realistic range is $1.19M to $1.44M.

Independent value check: $1.26M. Without looking at the asking price, our model values the home itself about 3% below the ask (homes like it typically land between $1.19M and $1.33M).

Why $1.26M. The typical detached home sold in Dovercourt-Wallace Emerson-Junction over the past year went for about $1.33M (58 sales). What sets this one apart:

  • ▼ Lowers it slightly5 bedrooms and 2 baths, against 3+1 and 3 typically.
List price
$1.19MBelow recent closings$1.44MAbove recent closings

Total price vs nearby homes. Likely closing about $1.28M, from 11 recent closings in this pocket.

The market behind the math:

11sold nearby · 90 days
$1.31Mmedian sold price
99%of asking, on average
−8%prices vs a year ago
~13 dayshomes like this take to sell
4days on market so far
$3,923/moest. rent · 21 leases
3.6%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.4 months of inventory: 5 detached homes for sale in the area against 11 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 $743/sqft against an area asking average of $762/sqft.

  • Separate-entrance basement apartment features. A finished basement apartment with a separate entrance. A self-contained space for extended family, guests or potential income. Basements do rent in Dovercourt-Wallace Emerson-Junction: 37 of the 177 detached leases here lately were basement units, around $1,800 a month. That makes the suite real income. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Toronto.
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 11 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.11M. Condition and finishes remain an in-person call.

What the listing highlights3 points to weigh

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

  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
  • Garden / laneway suite potential: extra-unit upside, but confirm zoning and feasibility with the city. Worth verifying
  • Currently tenanted: confirm the lease terms and vacant-possession timing before closing. Worth verifying
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.

Read this with carewhy it’s an estimate, not an appraisal

There were not many closely comparable homes right in Dovercourt-Wallace Emerson-Junction, so I widened the search to the surrounding area.

Based on 11 comparable homes that sold in Dovercourt-Wallace Emerson-Junction over the past two years, from 124 closings there.

What sellers nearby are askingCurrently listed nearby in Dovercourt-Wallace Emerson-Junction · asking prices
$1.40Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

Per square foot, these ask about $800/sqft; this home lists at $743/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
1.30MThis home1.30M1.20M1.70MThis home vs active comparables

Sold price trend

Median sold price for detached homes in Toronto: $1.20M in September 2026, down 1% from a year ago, on 7,360 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$1.25M739
November 2025$1.21M596
December 2025$1.14M384
January 2026$1.20M285
February 2026$1.23M453
March 2026$1.34M580
April 2026$1.31M776
May 2026$1.30M861
June 2026$1.25M772
July 2026$1.17M684
August 2026$1.19M552
September 2026$1.20M678

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.

Leaside
$2.15M
Stonegate-Queensway
$2.25M
St. Andrew-Windfields
$4.10M
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 Dovercourt Public School
62%
Dovercourt Public SchoolPublic · Elementary · 0.5 km awayBelow the GTA average · 62% meet the provincial standard
West End Alternative SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
St Bruno/St. Raymond Catholic School · Catholic elementary0.6 km · 56% at standard
Essex Junior and Senior Public School · Public elementary0.7 km · 64% at standard
Hawthorne II Bilingual Alternative Junior School · Public elementary0.7 km · 74% at standard
St Mary of the Angels Catholic School · Catholic elementary0.8 km · 76% at standard
Winona Drive Senior Public School · Public elementary0.9 km
Regal Road Junior Public School · Public elementary0.9 km · 73% at standard
Pauline Junior Public School · Public elementary1.0 km · 76% at standard
St Sebastian Catholic School · Catholic elementary1.0 km · 92% at standard
McMurrich Junior Public School · Public elementary1.1 km · 81% at standard
West End Alternative School · Public secondary1.1 km
ALPHA II Alternative School · Public elementary1.1 km
Bloor Collegiate Institute · Public secondary1.2 km · 82% at standard

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

Affordability & Mortgage

Affordability
$5,925/mo
$246KIncome needed
5.3×Price ÷ income
$1,367Weekly cost
$44,950Land 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 $5,925Property tax $529Total carry $6,454

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 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,750per month

Mortgage amount $1,039,999 · 4.49% over 25 years

$260,000Down payment (20.0%)
$1,039,999Loan before insurance
$0CMHC premium
$6,279Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,750
Property tax
$529
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,279

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

One-time closing costs

Ontario land transfer tax
$22,475
Toronto municipal land transfer tax
$22,475
Estimated closing costs
$44,950

Plus your down payment of $260,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$6,960/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

$685,101Total interest paid
$1,725,100Total of all payments
Principal $1,039,999 Interest $685,101
YearPrincipalInterestBalance
1$23,208$45,796$1,016,791
2$24,262$44,742$992,529
3$25,364$43,640$967,165
4$26,515$42,489$940,650
5$27,719$41,285$912,930
6$28,978$40,026$883,953
7$30,293$38,711$853,659
8$31,669$37,335$821,990
9$33,107$35,897$788,883
10$34,610$34,394$754,273
11$36,181$32,823$718,092
12$37,824$31,180$680,268
13$39,542$29,462$640,726
14$41,337$27,667$599,389
15$43,214$25,790$556,175
16$45,176$23,828$511,000
17$47,227$21,777$463,772
18$49,371$19,633$414,401
19$51,613$17,391$362,788
20$53,956$15,048$308,832
21$56,406$12,598$252,425
22$58,967$10,037$193,458
23$61,645$7,359$131,813
24$64,444$4,560$67,370
25$67,370$1,634$0

At the end of your 5-year term

Total paid over the term
$345,020
Principal paid down
$127,069
Interest paid
$217,951
Balance remaining
$912,930

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 21 whole-home leases in Dovercourt-Wallace Emerson-Junction$3,923/mo
$47,076Gross annual rent
2.6%Cap rate after taxes and upkeep
$3,124 to $4,400Typical rent range
~42 daysTo find a tenant, on average

The suite is real income here: basements rent in Dovercourt-Wallace Emerson-Junction (37 of 177 recent detached leases were basement units, around $1,800 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,800 a month on top of the upper floors. Permitted use is worth confirming with the city.

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 21 whole-home leases in Dovercourt-Wallace Emerson-Junction signed at a median of $3,327 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,923. 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.

3.6%
Gross yield
− Property tax $6,346− Insurance $1,400− Vacancy & upkeep $5,178Net operating income $34,152

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 PERCY FULTON LTD.. MLS®/PropTx.

CallRequest a showing