1078 Dovercourt Rd
Dovercourt-Wallace Emerson-Junction, Toronto, M6H 2X8
FOR SALE
$2,288,000
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BEDROOMS4
BATHROOMS2
KITCHENS15 + 3
ROOMSW11936628
MLSIDContact Us
Property Description
A rare opportunity to own a generational, turnkey, income-producing, multi-functional 3-storey triplex with ground-floor commercial space and a basement with a separate (walk-up) entrance- an ideal location to start your own business. With a total of 4 separate entrances, the possibilities are endless! Live and/or invest in one of Toronto's most sought-after West End neighbourhoods. This triplex is beautifully renovated and meticulously maintained, standing out as one of the few 3-storey buildings in the area with a usable basement, maximizing your return on investment. The 3rd and 2nd floor each features a fully renovated 3-bedrm apartment. The ground floor is a commercial-ready space with a 9.5-foot ceiling, pot lights, a back studio with a 3-piece bathroom, a powder room, and a full basement with its own entrance. At the back of the property, you'll find large walk-out terraces and stairs, providing convenient second exit points. The expansive backyard, fully fenced with a back gate, serves as a true outdoor oasis, offering endless possibilities for both large-scale entertaining and versatile commercial ventures. The area is seeing a surge of new condo developments, alongside fresh shops set to open on Dufferin and Dupont. You are within walking distance to Bloor & St. Clair, home to a wide selection of restaurants and bars. Dufferin Mall is just a short walk away & Yorkdale is a quick drive via the Allen Road. TTC access is close by, or take a short trip to the much-anticipated future Eglinton Express. The Airport Express is also nearby, offering quick access to the airport in under 20 minutes. Dovercourt Park and High Park are both within easy reach, and you will never be far from grocery essentials, with Loblaws, Farm Boy, and FreshCo all located nearby on Dupont. This property offers seamless connectivity to the dynamic heart of the city, making it a coveted investment for those seeking the perfect blend of convenience, community, and potential in Toronto. **
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-12-05 | 2025-01-06 | 32 | $3,690 | - | Terminated |
Property Features
Fenced Yard, Park, Public Transit, Rec Centre, School
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Property Details
Street
Community
City
Property Type
Triplex, 3-Storey
Approximate Sq.Ft.
3000-3500
Lot Size
24' x 109'
Fronting
East
Taxes
$6,996 (2024)
Basement
Full, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Driveway
Private
Garage Type
None
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Toronto Market Statistics
Toronto Price Trend
1078 Dovercourt Rd is a 6-bedroom 4-bathroom home listed for sale at $2,288,000, which is $638,628 (38.7%) higher than the average sold price of $1,649,372 in the last 30 days (January 18 - February 16). During the last 30 days the average sold price for a 6 bedroom home in Toronto declined by $393,128 (19.2%) compared to the previous 30 day period (December 19 - January 17) and down $683,628 (29.3%) from the same time one year ago.Inventory Change
There were 26 6-bedroom homes listed in Toronto over the last 30 days (January 18 - February 16), which is up 62.5% compared with the previous 30 day period (December 19 - January 17) and up 18.2% compared with the same period last year.Sold Price Above/Below Asking ($)
6-bedroom homes in Toronto typically sold ($138,427) (8.4%) below asking price over the last 30 days (January 18 - February 16), which represents a $44,073 increase compared to the previous 30 day period (December 19 - January 17) and ($82,500) less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 6-bedroom homes in Toronto over the last 30 days (January 18 - February 16) stood at 19.2%, up from 12.5% over the previous 30 days (December 19 - January 17) and down from 27.3% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 6-bedroom 4-bathroom home in Toronto stood at 73 days when successfully sold over the last 30 days (January 18 - February 16), compared to 94 days before being removed from the market upon being suspended or terminated.Listing contracted with The Key Market Inc.
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