$1,595,000
Est. payment $7,062/moCalculate yours
71 Emerson Avenue, Toronto, ON M6H 3S7
Dovercourt-Wallace Emerson-Junction, Toronto, ON M6H 3S7
- 3 + 1 Beds
- 4 Baths
- 1 Garage
- 1,500 Sq Ft
Listing courtesy of FOREST HILL REAL ESTATE INC. MLS® W13853324
About this home
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.
Property details
Overview
- Property Type
- Detached
- Style
- 2 1/2 Storey
- For
- For Sale
- Status
- New
- Approximate Age
- 100+
- Size
- 1,500 sqft
Interior
- Bedrooms
- 3 + 1
- Bathrooms
- 4
- Kitchens
- 3
- Basement
- Apartment, Finished with Walk-Out
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Brick, Vinyl Siding
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 25 x 102 Feet
- Parking
- Detached garage · 3 total
Financial
- Property Taxes
- $6,289 (2025)
Location
- Neighbourhood
- Dovercourt-Wallace Emerson-Junction
- Cross Street
- Lansdowne/Bloor
- Direction Faces
- East
Listing
- MLS® Number
- W13853324
- Days on Market
- 16
- Listed On
- 2026-10-02
- Possession
- 30/60/TBD
- Listed By
- FOREST HILL REAL ESTATE INC.
Rooms
Features
Interior
- Accessory Apartment
- Carpet Free
- Countertop Range
- Primary Bedroom - Main Floor
- Separate Heating Controls
- Separate Hydro Meter
Pool
- None
- Included
- All Elfs, all window coverings, brand new AC (2026), 3x fridge/freezer, 3x oven, 3x microwave, 2x dishwasher, 2x washer/dryer. large garage which can be used as gym, office or shed.
- Excluded
- Third floor bathroom mirror (to be replaced prior to closing).
- Rental items
- Hot water tank is rental (Enercare).
Mortgage calculator
Estimated mortgage payment
$7,062 per month
- Principal and interest
- $7,062
- Property tax
- $524
- Condo fees
- $0
- Estimated monthly cost
- $7,586
Your mortgage
- Mortgage amount
- $1,276,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $842,694
Cash to close
- Down payment
- $319,000
- Land transfer tax (Ontario + Toronto)
- $56,750
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $375,750
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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