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MLS® W14162294For SaleSemi-Detached

987 Ossington Ave

Dovercourt-Wallace Emerson-Junction, Toronto, Ontario M6G 3V7

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987 Ossington Ave, Toronto, photo 1
Asking$899,000
Bedrooms
3
Bathrooms
2
Size
1,100–1,500sq ft
Per sq ft
$692at the range’s middle
Lot
21.5 x 84 ft
Tax a year
$5,8012026 tax year
Built
100+
Parking
0none
Days on market
Members

The brief

About 987 Ossington Ave

987 Ossington Ave is a 3-bedroom, 2-bathroom semi-detached house in Dovercourt-Wallace Emerson-Junction, Toronto, listed for sale at an asking price of $899,000 (MLS® W14162294).

An exceptional opportunity to create your dream home in the heart of Dovercourt Village. Offered for the first time in over 60 years, this Large, Brick, Two-Storey Home has been lovingly maintained by the same family for generations and is ready for its next chapter. The size, layout, and location offers flexibility for growing families, renovators, investors or buyers looking to create a home tailored to their vision while unlocking long-term value. The living and dining areas are perfect for entertaining offering an open concept layout and the family size eat-in kitchen offers ample room to design your dream culinary space complete with w-out to patio. Two full bathrooms and Three-kitchen layout offers flexibility for a variety of living arrangements. The 2nd floor features 3 generously sized bedrooms. Rear Bdrm was used as a kitchen many years ago and offers a w-out to patio. The finished basement offers a kitchen, oversize windows, tons of storage, mud room and w-out to beautiful Backyard. Hi-Eff Furnace (2020). Everyday essentials are a hop skip away - Transit at your door, A Short Walk to Ossington subway station, top rated schools, Christie Pitts, trendy cafes, shopping and so much more! Truly One of Toronto's most convenient and central locations with a real community feel. Plenty of on-Street Permit Parking, including overnight.

Insights

  • Condition Score

    Good

    6 condition-related facts documented

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Shortfall

    −$1,685/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 6 semi-detached homes with 3 bedrooms for lease in Dovercourt-Wallace Emerson-Junction right now. Cost of owning counts the mortgage and property tax.

Condition uses listing-record signals, not an inspection.

The home

Key facts

Tax
$5,801 / 2026
MLS® number
W14162294
Board
TRREB MLS®
Property Type
Semi-Detached
Building Age
100+
Days on market
Size
1100-1500 sqft
Lot Size
21.5 x 84 ft
Listed on
Parking
None, 0 Parking
Listing brokerage: KELLER WILLIAMS REFERRED URBAN REALTYData source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Property details

Property

Property Type
Semi-Detached
Style
2-Storey
Community
Dovercourt-Wallace Emerson-Junction
Municipality
Toronto

Building

Size
1100-1500 sqft
Building Age
100+
Construction
Brick

Inside

Bedrooms
3
Bathrooms
2
Bathroom Details
1 × 4pc 2nd, 1 × 3pc Bsmt
Basement Type
Finished
Kitchens
2

Parking

Garage Type
None
Additional Parking
0
Total Parking
0

Utilities

Water
Municipal
Cooling
Central Air
Heating Type
Forced Air

Land

Sewer
Sewers
Frontage
21.5 ft
Depth
84 ft
Lot Size
21.5 x 84 ft

Additional

Foundation
Block, Concrete
Roof
Shingles
Fireplace
No
Pool
None
Den
No
Family room
No
Extras
As-Is, (2) Fridge, (2) Stove, Washer, Dryer, Deep Freezer, Existing Light Fixtures, Existing Window Coverings. Piano, Stairlifts, Furniture, Plenty of permit on-Street Parking, including overnight.

Rooms

RoomSizeFeaturesLevel
Foyer4.2 × 2.08 mOpen Concept, WindowMain
Living4.84 × 3.54 mOpen Concept, Window, hardwood floorMain
Dining3.84 × 3.04 mOpen Concept, Window, hardwood floorMain
Kitchen6.35 × 2.72 mFamily Size Kitchen, Ceramic Floor, W/O To PatioMain
Primary4.38 × 3.04 mWindow, hardwood floor, Closet2nd
Br4.05 × 2.53 mLarge Window, hardwood floor2nd
Kitchen3.37 × 3.81 mWindow, Ceramic Floor, W/O To Patio2nd
Rec4.31 × 2.95 mOpen Concept, Window, Ceramic FloorBsmt
Kitchen3.94 × 3.27 mOpen Concept, Window, Ceramic FloorBsmt
Mudroom1.66 × 3.59 mW/O To Yard, Ceramic Floor, WindowBsmt
Cold/Cant2.05 × 3.45 m—Bsmt

Listing history

Buy/sell history for 987 Ossington Ave, Toronto, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$899,000N/AFor SaleW14162294

Members see the full history. Prices are hidden from signed-out visitors.

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $179,800

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
$179,800
Total mortgage amount
$719,200
Total interest payment
$511,400
Total purchase cost
$1,410,400
Mortgage payment
$4,102/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

53%

Monthly carrying cost

$4,585
−$1,685per month
  • Rent $2,900
  • Shortfall $1,685

Rental income opens at $2,900, the median asking rent of 6 comparable homes for lease in Dovercourt-Wallace Emerson-Junction. 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
$14,455
Toronto municipal land transfer tax
$14,455
Total land transfer tax
$28,910
First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
−$8,475
Total for first-time buyers
$20,435
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 $899,000
$9,980
Ontario total
$14,455

Toronto’s municipal tax uses the same brackets at this price, so it adds another $14,455.

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
1,806 sq ft168 m²
Street frontage
21.5 ft6.6 m
Depth
84 ft25.6 m
21.5 × 84 ftOSSINGTON AVE

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.

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)

By-law

569-2013

Municipality

Toronto
Residential zone (R)
  1. 1 d0.6

    Density: floor area is capped at 0.6 times the lot area.

  2. 2 Where this is written

    Chapter 10, section 10.10 of By-law 569-2013

  3. 3 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

1 building permit cleared at this address in the City’s file.

  • Back Water Valve (Sewer only)Closed

    Proposal to install a back water valve.

    Issued February 14, 2019

City of Toronto Open Data — cleared building permits, which begin in 2017. Contains information licensed under the Open Government Licence – Toronto.

Signals around this home

Changing nearby

Changing nearby. 1 open development application within 800 m of this home.

  • 888 DUPONT STSite planUnder Review

    Site Plan Approval for a 19-storey residential building (62 metres), containing 17,509 square metres of gross floor area with a total of 251rental dwelling units.


    240 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

Semi-detached homes for sale in Dovercourt-Wallace Emerson-Junction right now

For sale now
24
Median asking price
$1.24M

Middle half: $1000K to $1.38M

New in 7 days
4

12 in 28 days

Price cuts
29%

7 listings

This home is asking 27% below the median, lower than three quarters of them.

See all homes in Dovercourt-Wallace Emerson-Junction

Asking 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

StationLinesDistance
Ossington StationTTC subway: Line 2 Bloor-Danforth700 m
Christie StationTTC subway: Line 2 Bloor-Danforth900 m
Dufferin StationTTC subway: Line 2 Bloor-Danforth1.1 km
Bloor GOGO Transit train: KitchenerUP Express train2.2 km
Oakwood StationTTC light rail: Line 5 Eglinton3.4 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

ElementaryTypeDistanceEQAO average 2024–25
ÉÉC du Sacré-Coeur-TorontoConseil scolaire catholique MonAvenirFrench-language Catholic · grades JK–6300 m60%Grade 6 average
Essex Junior and Senior Public SchoolToronto DSBPublic · grades JK–8450 m61%Grade 6 average
St Bruno/St. Raymond Catholic SchoolToronto CDSBCatholic · grades JK–8550 m56%Grade 3 average
Dovercourt Public SchoolToronto DSBPublic · grades JK–8650 m59%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
St Mary Catholic AcademyToronto CDSBCatholic · grades 9–121.2 km45%Grade 9 math
Central Toronto AcademyToronto DSBPublic · grades 9–121.3 km47%Grade 9 math
Bloor Collegiate InstituteToronto DSBPublic · grades 9–121.3 km69%Grade 9 math
École secondaire Toronto OuestConseil scolaire ViamondeFrench-language public · grades 9–122 km82%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

Similar Active Listings

Recently sold nearby

Sold prices in Dovercourt-Wallace Emerson-Junction are shown to signed-in members.

Email Yossi Kaplan, MBA, Salesperson