1587 DUFFERIN Street, Toronto W03

Price: $1,299,000

5 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: W13522806

Rare 2.5-storey detached house on a huge 32 x 120-foot lot in popular Corso Italia! This large home offers massive potential for families or savvy investors. It features a great layout with a separate basement entrance and a huge third-floor loft. You can easily convert this space into 3 separate modern apartments to generate over $6,000 per month in rent. It is the perfect mortgage helper or multi-generational home. The deep lot gives you tons of space for a big rear addition, a trendy garden suite, or a brand-new custom home from scratch. Create your own private backyard oasis! Enjoy a head start with a brand-new roof (2023) and fresh interior paint throughout. Located just steps from St. Clair Ave West transit, great local dining, and neighbourhood shops. A true hidden gem with endless possibilities!

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New Listing
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$1,299,000 - 1587 DUFFERIN Street, Keelesdale

Detached for Sale in Keelesdale

New — Listed yesterday

Neighbourhood: Corso Italia-Davenport

5Beds
3Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
W13522806
Property Type
Detached
Status
active
Days on Site
1
Bedrooms
5
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Keelesdale / Eglinton West
Listing Brokerage
SUPERSTARS REALTY LTD.
Description

Rare 2.5-storey detached house on a huge 32 x 120-foot lot in popular Corso Italia! This large home offers massive potential for families or savvy investors. It features a great layout with a separate basement entrance and a huge third-floor loft. You can easily convert this space into 3 separate modern apartments to generate over $6,000 per month in rent. It is the perfect mortgage helper or multi-generational home. The deep lot gives you tons of space for a big rear addition, a trendy garden suite, or a brand-new custom home from scratch. Create your own private backyard oasis! Enjoy a head start with a brand-new roof (2023) and fresh interior paint throughout. Located just steps from St. Clair Ave West transit, great local dining, and neighbourhood shops. A true hidden gem with endless possibilities!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,745.92/mo

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5%20%50%

5-yr fixed avg.

Principal: $1,039,200Interest: $684,575
Mortgage Amount$1,039,200
Total Interest$684,575
Est. Property Tax$920/mo
Total Cost$1,723,775

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Corso Italia-Davenport

Discover Corso Italia-Davenport

Corso Italia-Davenport is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Corso Italia-Davenport

  • Convenient location in Keelesdale / Eglinton West
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Corso Italia-Davenport offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

1587 DUFFERIN Street, Keelesdale / Eglinton West

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,600/mo
Range: $3,060 - $4,140
Cap Rate (ROI)
2.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$920
Insurance (est.)-$271
Net Cash Flow+$2,409

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $866/sqft, this property is priced in line with current Keelesdale market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Just Listed - Act Strategically

This property hit the market within the last week. In Keelesdale's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Detached Home Advantages

Detached homes in Keelesdale are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Excellent Flexibility

With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Keelesdale.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

About Corso Italia-Davenport

I know Corso Italia-Davenport well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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    1587 DUFFERIN Street | $1,299,000 | Battaglia Team