71 EMERSON AVENUE, Toronto (Dovercourt-Wallace Emerson-Junction)

$1,595,000

For sale: Detached

Detached at 71 EMERSON AVENUE, Toronto (Dovercourt-Wallace Emerson-Junction)
Property type
Detached
Bedrooms / bathrooms
4 bedrooms, 4 bathrooms
Living area
2,000 sqft
MLS®
MLS® W13853324
Neighbourhood
Dovercourt-Wallace Emerson-Junction

Emerson Excellence, Exceptional Income, Endless Possibilities! Welcome to 71 Emerson Ave, a vacant, detached, fully renovated LEGAL triplex with three separate hydro meters in an unbeatable location. A fantastic opportunity for investors, multi-generational families, or end-users looking to live in one unit while collecting rent from the others. Each self-contained unit features its own private entrance, with the main and second-floor suites also offering their own laundry. The property is truly turn-key and move-in or rent-ready, complete with updated finishes and brand-new central air conditioning. A private driveway currently provides parking for two cars, with the potential for additional parking by removing the existing fence. The detached garage at the rear offers even more flexibility-use it as a shed, workshop or studio today, with potential for a future garden suite conversion. Ideally situated within walking distance to Lansdowne Subway Station, Bloor West, schools, shops, restaurants, parks and everyday amenities. Whether you're looking for a strong income-producing investment, a multi-generational home, or a place to live while offsetting your mortgage with rental income, 71 Emerson offers incredible versatility in one of Toronto's most convenient neighbourhoods.

Sold data

Detached homes in Toronto (Dovercourt-Wallace Emerson-Junction) — recent sold market

Detached homes in Toronto (Dovercourt-Wallace Emerson-Junction) took a median of 18 days to sell over the last 90 days, with the quickest quarter selling within 8 days and the slowest quarter taking more than 41, across 1,869 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 38 days.

The median sale price was $1,198,000.

Homes sold for about 2.9% below asking on average, so there was room to negotiate.

About 25% of sales closed above the list price.

Around 13% of sellers reduced their price before finding a buyer.

Median days to sell
18
Median sale price
$1,198,000
Sale-to-list ratio
97.1%
Sold above asking
25%

Based on 1,869 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Toronto (Dovercourt-Wallace Emerson-Junction)

Toronto (Dovercourt-Wallace Emerson-Junction) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.

Rated schools
529
Elementary
425
Secondary
104
Average rating
6.2 / 10

Top-rated schools in Toronto (Dovercourt-Wallace Emerson-Junction)

  • Cottingham — elementary, TorontoFraser rating 10.0/10
  • High Park Alternative — elementary, TorontoFraser rating 10.0/10
  • Northmount — elementary, TorontoFraser rating 10.0/10
  • Sathya Sai — elementary, TorontoFraser rating 10.0/10
  • St Michael's Choir — secondary, TorontoFraser rating 10.0/10
  • St Sebastian — elementary, TorontoFraser rating 10.0/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 71 EMERSON AVENUE