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Dovercourt-Wallace Emerson-Junction, Toronto
$1,225,000
Welcome to 355 Delaware Avenue! This well-cared-for family home presents a wonderful opportunity in the heart of highly sought-after Dovercourt Village. Move in and enjoy its warmth and character today, update it over time, or explore the exciting possibilities this property may offer for the future. Situated on an impressive 21.94 x 122 ft lot, the home features 4 bedrooms and 2 bathrooms, with the fourth bedroom currently being used as a second-floor kitchen. Two charming sunrooms add valuable additional space and character, while the basement offers a separate entrance with direct access to the backyard, providing added flexibility for future use. At the rear of the property, a fully detached garage with convenient laneway access is an exceptional bonus. With four laneway homes already built along the laneway, buyers may wish to explore the potential for a future laneway suite or other possibilities, subject to applicable zoning, permits and municipal approvals.The location is a true highlight. Enjoy the neighbourhood energy of Geary Avenue, known for its popular restaurants, cafés, breweries, creative spaces and local businesses. The revitalized Wallace Emerson Community Recreation Centre and surrounding park are nearby, offering outstanding recreational amenities for the community. Everyday conveniences are also within easy reach, including Dufferin Mall, Bloor Street shops and restaurants, Christie Pits, schools, parks, bike lanes, community amenities and places of worship. Commuting throughout the city is convenient with excellent TTC access and the Ossington and Dufferin subway stations nearby. A fantastic opportunity to put down roots in an established and much-loved Toronto neighbourhood. Move in and enjoy, renovate and make it your own, or envision the possibilities for the future at 355 Delaware Avenue.
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| Type | Semi-Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $6,361 |
| Lot Size | 21.94 ft x 122 ft |
| mls© Number | W13666338 |
| Listed By | HOMELIFE REGIONAL REALTY LTD. |
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%
- $6,270
- Property tax
- $530
- Heat allowance
- $150
- Housing costs
- $6,950 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$214,000
gross annual household income
- Payment at 4%
- $5,155 / mo
- Cash down
- $245,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
Values and trends
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Comparable sales
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