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New5 days ago

1373 Davenport Road

Dovercourt-Wallace Emerson-Junction, Toronto

$899,000

Semi-Detached |2-Storey
4 | 3 | 2
About this home

An exceptional opportunity in the heart of Toronto's vibrant Dovercourt neighbourhood, just steps from the ever-popular Geary Avenue. This versatile property features 3 self-contained kitchens, 3 bathrooms, approximately 1,500 sqft above grade, a finished walkout basement, and a detached double-car garage with laneway access, making it an outstanding opportunity for investors, multi-generational families, or homeowners looking to offset their mortgage with rental income. The flexible floor plan offers endless possibilities-live in one unit while renting the others, lease all three units for maximum income, or customize the layout to suit your own vision. Situated on a deep 126-ft lot, the property also offers exciting long-term upside with potential for a future laneway suite, in a neighbourhood undergoing continued revitalization and investment. Updated with new vinyl flooring, stairs, a brand-new main floor kitchen, fresh paint, pot lights & LED lights, and other cosmetic improvements, the home is move-in or rent-ready from day one. Walk to the trendy Geary Avenue strip, home to cafés, artisan bakeries, breweries, restaurants, creative studios, and local favourites. Enjoy the convenience of nearby Dufferin Mall, the new 89,500 sqft Wallace Emerson Community Centre, TTC at your doorstep, and quick access to the Bloor subway, GO Transit, and UP Express, excellent nearby schools and the abundance of parks, including Earlscourt Park with its soccer field, tennis courts, basketball court, playground, splash pad, dog park, and more. Whether you're searching for a smart investment, a multi-generational home, or a property with exceptional future development potential, this rare offering delivers outstanding flexibility, income potential, and long-term value in one of Toronto's fastest-growing neighbourhoods.

Extras

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Got questions?

Contact Sell with Strategy.

Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775

This seller is holding back offers

Instead of reviewing offers as they come in, this seller has set offer instructions — a strategy often paired with attractive pricing to invite competing bids. Timing and preparation matter here; get in touch and we'll walk you through it.

TypeSemi-Detached
Style2-Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$5,080
Lot Size22.25 ft x 124.58 ft
mls© NumberW13621066
Listed ByUNION CAPITAL REALTY

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$4,601
Property tax
$423
Heat allowance
$150
Housing costs
$5,175 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $179,800
25-yr amortization

Income needed

$159,000

gross annual household income

Payment at 4%
$3,783 / mo
Cash down
$179,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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