122 Emerson Ave
Dovercourt-Wallace Emerson-Junction, Toronto, Ontario M6H 3T1
- Bedrooms
- 5
- Bathrooms
- 3
- Size
- 1,500–2,000sq ft
- Per sq ft
- $742at the range’s middle
- Lot
- 21 x 120 ft
- Tax a year
- $6,4072026 tax year
- Parking
- 22 detached
- Days on market
- Members
The brief
About 122 Emerson Ave
122 Emerson Ave is a 5-bedroom, 3-bathroom detached house in Dovercourt-Wallace Emerson-Junction, Toronto, listed for sale at an asking price of $1,299,000 (MLS® W14116106).
Great opportunity in one of Toronto's most exciting west-end neighbourhoods! This detached 2-storey home offers exceptional flexibility for end-users, multi-generational families, or buyers looking to offset their mortgage with income potential. Featuring two kitchens above grade, the main floor offers a spacious living room, dining room and kitchen, while the second floor includes two bedrooms and a second kitchen. The third level provides two additional bedrooms, creating a versatile layout to suit a variety of living arrangements. A separate entrance to the basement offers additional flexibility for future use (subject to all applicable approvals). Completing the property is a rare double detached garage accessed by laneway, providing ample parking, storage, and exciting future potential.Ideally situated in the vibrant Wallace Emerson neighbourhood between Dupont Street and Bloor Street West, with easy access to Lansdowne and Dufferin, this location offers an outstanding urban lifestyle. Just a short walk to the trendy cafes, breweries, restaurants and artisan shops along Geary Avenue, everyday conveniences at Dufferin Mall, and excellent TTC transit including Lansdowne and Dufferin subway stations. Enjoy nearby parks, schools, and the newly redeveloped Wallace Emerson Community Recreation Centre, featuring modern recreational facilities, pools, fitness amenities, and expanded green space as part of one of Toronto's most significant community revitalization projects. With excellent walkability, nearby cycling routes, and quick access to the UP Express, GO Transit, and Toronto's downtown core, this property offers the perfect balance of neighbourhood charm and city convenience. Whether you're searching for a family home with room to grow or a property offering valuable income potential, this is an exceptional opportunity in one of Toronto's most desirable west-end communities.
Insights
Condition Score
Good73/1001 documented update signal
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall37/100−$1,461/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 126 detached homes with 5 bedrooms for lease in Toronto right now. Cost of owning counts the mortgage and property tax.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $6,407 / 2026
- MLS® number
- W14116106
- Board
- TRREB MLS®
- Property Type
- Detached
- Days on market
- Size
- 1500-2000 sqft
- Lot Size
- 21 x 120 ft
- Listed on
- Parking
- 2 Detached, 2 Parking
Property details
Property
- Property Type
- Detached
- Style
- 2 1/2 Storey
- Community
- Dovercourt-Wallace Emerson-Junction
- Municipality
- Toronto
Building
- Size
- 1500-2000 sqft
- Construction
- Brick
Inside
- Bedrooms
- 5
- Bathrooms
- 3
- Bathroom Details
- 1 × 4pc Ground, 1 × 4pc 2nd, 1 × 4pc Bsmt
- Basement Type
- Finished
- Kitchens
- 2
Parking
- Garage Type
- Detached
- Garage
- 2
- Additional Parking
- 0
- Total Parking
- 2
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 21 ft
- Depth
- 120 ft
- Lot Size
- 21 x 120 ft
Additional
- Roof
- Shingles
- Fireplace
- No
- Pool
- None
- Den
- No
- Family room
- No
- Extras
- Central A/C, Furnace, ELF, 2 Fridges, 2 Stoves, Washer and Dryer.
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Foyer | 1.34 × 1.67 m | W/O To Porch, Ceramic Floor, hardwood floor | Main |
| Living | 3.98 × 3.13 m | Window, Parquet Floor, Double Doors | Main |
| Br | 3.8 × 3.12 m | Window, Parquet Floor | Main |
| Kitchen | 4.81 × 3.09 m | Family Size Kitchen, Window, Ceramic Floor | Main |
| Bathroom | 1.77 × 2.02 m | 4 Pc Bath, Ceramic Floor, Window | Main |
| Kitchen | 2.82 × 3.08 m | W/O To Deck, Double Sink, Vinyl Floor | 2nd |
| Br | 3.1 × 3.03 m | hardwood floor, Closet, Window | 2nd |
| Primary | 3.55 × 4.68 m | hardwood floor, Window, Closet | 2nd |
| Br | 3.15 × 4.13 m | Closet, Window, Laminate | 3rd |
| Office | 4.87 × 4.13 m | Laminate, Window | 3rd |
| Cold/Cant | 2.53 × 4.9 m | Window, Concrete Floor | Bsmt |
| Rec | 7.94 × 3.69 m | Vinyl Floor | Bsmt |
| Br | 3.75 × 2.63 m | Vinyl Floor, Walk-Out | Bsmt |
| Laundry | 4.56 × 2.1 m | Vinyl Floor, Closet | Bsmt |
| Cold/Cant | 2.06 × 3.08 m | Vinyl Floor, Window | Bsmt |
| Bathroom | 2.98 × 1.56 m | 4 Pc Bath, Window, Ceramic Floor | Bsmt |
Listing history
Buy/sell history for 122 Emerson Ave, Toronto, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $1,299,000 | N/A | For Sale | W14116106 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $259,800
- Total mortgage amount
- $1,039,200
- Total interest payment
- $738,900
- Total purchase cost
- $2,037,900
- Mortgage payment
- $5,927/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
40%Monthly carrying cost
$6,461- Rent $5,000
- Shortfall $1,461
Rental income opens at $5,000, the median asking rent of 126 comparable homes for lease in Toronto. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $22,455
- Toronto municipal land transfer tax
- $22,455
- Total land transfer tax
- $44,910
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $36,435
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $1,299,000
- $17,980
- Ontario total
- $22,455
Toronto’s municipal tax uses the same brackets at this price, so it adds another $22,455.
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Yossi Kaplan, MBA, Salesperson for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Lot
- Lot area
- 2,520 sq ft234 m²
- Street frontage
- 21 ft6.4 m
- Depth
- 120 ft36.6 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record, measured by MPAC.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation3
- Not in Toronto and Region Conservation Authority’s mapped regulated areaAt the address
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m11 test or monitoring holes also recorded.250 m
Toronto and Region Conservation Authority · Province of Ontario open data
Planning and building activity4
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- 88 building permits issued within 250 m in the last 2 years250 m
- Nearest airport: 5.0 km5 km
- Mapped parcel: about 2,520 sq ftMeasured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.At the address
Province of Ontario open data · Municipal building permits · toronto.parcels
Around the home2
- Nearest rail line: 350 m350 m
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- 2 facilities within 1 km report pollutant releases to Environment CanadaThe nearest is Nitta Gelatin Canada, Inc. — Nitta Gelatin, 380 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Toronto Hydro-Electric System LimitedAt the address
- Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (10 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.At the address
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, FibreStream, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Rogers, Routcom, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.
Heritage and ravine protection
- Not found on the Heritage Register
- Not in a mapped Heritage Conservation District
- Not in the mapped ravine protection area
What this means: None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check before you plan work.
City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.
Zoning
Zone
R (d0.6) (x740)By-law
569-2013Municipality
Toronto1 d0.6
Density: floor area is capped at 0.6 times the lot area.
2 x740
Site-specific exception 740: this site has rules of its own, written in the by-law.
3 Where this is written
Chapter 10, section 10.10 of By-law 569-2013 · Exception 900.2.10(740)
4 What that means in practice
These are the zone’s rules, not permission for this lot. What can be built also depends on the exceptions, overlays and setbacks that apply here. Confirm with the City before you plan.
City of Toronto Zoning By-law 569-2013, read at this address from the City’s zoning map. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.
Permit history
No building permits on file at this address.
Signals around this home
Changing nearby. 6 open development applications within 800 m of this home.
224 WALLACE AVEOfficial plan or zoning amendmentUnder Review
Standalone Official Plan Amendment application to redesignate the subject site from Core Employment Areas to Mixed Use Areas.
310 m away213 EMERSON AVEOfficial plan or zoning amendmentOMB Appeal
Official Plan and Zoning By-law Amendment to increase the approved height and density onsite to accomodate additional purpose built and affordable rental dwelling units. On Block 3, Tower 3A increases by 13 storeys and Tower 3B increases by 12 storeys for a total of 48 and 37 storeys, respectively. The proposal increases Block 4, Tower 4A by 12 storeys and Tower 4B by 11 storeys for a total of 44 and 34 storeys, respectively. A total of 3,547 dwelling units across five blocks are proposed, 634 of which are already approved and under construction.
330 m away80 WARD STOfficial plan or zoning amendmentUnder Review
Standalone Official Plan Amendment application to redesignate the subject site from Core Employment Areas to Mixed Use Areas.
350 m away90 WARD STOfficial plan or zoning amendmentUnder Review
Standalone Official Plan Amendment application to redesignate the subject site from Core Employment Areas to Mixed Use Areas.
360 m away258 WALLACE AVEOfficial plan or zoning amendmentUnder Review
Standalone Official Plan Amendment application to redesignate the subject site from Core Employment Areas to Mixed Use Areas.
390 m away1245 DUPONT STPlan of subdivisionUnder Review
Draft Plan of Subdivision to support the implementation of the OPA/ZBA applications for the site:a total of ±2,846 residential units in a mix of housing forms including ±2685 residential units and 150 affordable rental units; ±27,503m2 of retail and ±1,961m2 of commercial uses
470 m away
City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.
The market
Detached homes for sale in Dovercourt-Wallace Emerson-Junction right now
- For sale now
- 23
- Median asking price
- $1.3M
- New in 7 days
- 1
- Price cuts
- 30%
Middle half: $1.21M to $1.58M
9 in 28 days
7 listings
This home is asking at the median.
See all homes in Dovercourt-Wallace Emerson-JunctionAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Lansdowne Station | TTC subway: Line 2 Bloor-Danforth | 450 m |
| Dufferin Station | TTC subway: Line 2 Bloor-Danforth | 700 m |
| Bloor GO | GO Transit train: KitchenerUP Express train | 950 m |
| Dundas West Station | TTC subway: Line 2 Bloor-Danforth | 1.1 km |
| Fairbank Station | TTC light rail: Line 5 Eglinton | 3.6 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit and UP Express schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| St Sebastian Catholic SchoolToronto CDSB | Catholic · grades JK–8 | 250 m | 90%Grade 6 average |
| Pauline Junior Public SchoolToronto DSB | Public · grades JK–6 | 300 m | 83%Grade 6 average |
| St Anthony Catholic SchoolToronto CDSB | Catholic · grades JK–8 | 650 m | 72%Grade 6 average |
| École élémentaire Charles-SauriolConseil scolaire Viamonde | French-language public · grades JK–8 | 1.1 km | 95%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Bloor Collegiate InstituteToronto DSB | Public · grades 9–12 | 700 m | 69%Grade 9 math |
| Caring and Safe School 4Toronto DSB | Public · grades 9–12 | 700 m | — |
| Bishop Marrocco/Thomas Merton Catholic Secondary SchoolToronto CDSB | Catholic · grades 9–12 · French Immersion | 1.1 km | 41%Grade 9 math |
| École secondaire Toronto OuestConseil scolaire Viamonde | French-language public · grades 9–12 | 1.1 km | 82%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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Sold prices in Dovercourt-Wallace Emerson-Junction are shown to signed-in members.