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New2 hours ago

441 Delaware Avenue

Dovercourt-Wallace Emerson-Junction, Toronto

$1,299,999

Detached|2 1/2 Storey
5 | 2 | 2
About this home

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.

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
Style2 1/2 Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$6,346
Lot Size18 ft x 125 ft
mls© NumberW14080462
Listed ByCENTURY 21 PERCY FULTON LTD.

Listing History

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

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Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$6,654
Property tax
$529
Heat allowance
$150
Housing costs
$7,333 / mo

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

Down payment20% · $260,000
25-yr amortization

Income needed

$226,000

gross annual household income

Payment at 4%
$5,471 / mo
Cash down
$260,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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