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New2 hours ago

299 Delaware Avenue

Dovercourt-Wallace Emerson-Junction, Toronto

$1,628,888

Semi-Detached |2 1/2 Storey
3 | 3 | 2
About this home

An exceptional opportunity in Toronto's vibrant west end! This spacious residence offers substantial living space across multiple levels and a versatile layout ideal for investors, multi-generational families or buyers looking to live in one portion while generating rental income. The main level features a large family-sized kitchen ready to entertain with a walkout to the rear patio and fully fenced backyard, a spacious dining room currently used as a bedroom, a large living room and a convenient 3-piece washroom. A separate side entrance provides access to the main and lower levels offering further opportunity to create a convenient separate basement unit. Currently arranged as a self-contained rental space, the upper level includes its own kitchen, bathroom and west-facing balcony, plus a third-floor sundeck with views toward the downtown skyline. The private backyard leads to a rare oversized 2-car laneway garage offering excellent parking, storage and potential for a future laneway suite. Steps to Ossington subway station, Dovercourt Park, Bloor Street and the exciting new amenities transforming the neighbourhood. A unique combination of generous space, versatility, outdoor living, income potential and future possibilities.

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nest zoom realty
(416) 276-9973
TypeSemi-Detached
Style2 1/2 Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$6,553
Lot Size20 ft x 125 ft
mls© NumberW13781858
Listed ByRE/MAX ULTIMATE REALTY INC.

Listing History

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

Schools

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What the bank counts

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

Mortgage, tested at 6%
$8,337
Property tax
$546
Heat allowance
$150
Housing costs
$9,033 / mo

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

Down payment20% · $325,778
25-yr amortization

Income needed

$278,000

gross annual household income

Payment at 4%
$6,855 / mo
Cash down
$325,778

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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