865 Dovercourt Road
Dovercourt-Wallace Emerson-Junction, Toronto
$850,000
Fantastic residential and investment opportunity located at 865 Dovercourt Road, offering versatile all-residential use with strong income potential or a blank canvas for future customization. Being sold "As is, where is," this semi-detached property functions essentially as one continuous building alongside its sibling at 863 Dovercourt Road. This presents savvy investors with an exceptional opportunity to acquire both side-by-side properties together to unlock a prime dual-property asset with incredible long-term upside.
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Listing History
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%
- $4,351
- Property tax
- $428
- Heat allowance
- $150
- Housing costs
- $4,929 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$152,000
gross annual household income
- Payment at 4%
- $3,577 / mo
- Cash down
- $170,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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