197 Yarmouth Road

Dovercourt-Wallace Emerson-Junction, Toronto, M6G 1X5

$999,999

3+1 bedrooms
4 bathrooms
0 parking
1100-1500 sq ft

Listed today · MLS® W14096054

Open house

Monday, October 26 at 4:00 p.m. to 6:30 p.m. Add to calendar

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About this home

RARELY OFFERED Detached Home in CENTRAL TORONTO! Welcome to Yarmouth Road, a charming one-way street tucked into one of Toronto's most coveted neighbourhood pockets, steps from Dupont and Ossington. First time offered for sale in 30+ years! This versatile detached home with income potential is an incredible opportunity for first-time buyers, small families, investors, or anyone looking to get into the central Toronto market while offsetting expenses with potential rental income. Featuring: 3 above grade bedrooms, 2 bathrooms, 2 kitchens, separate living spaces, ample storage and a private backyard. The main level features a spacious front porch, a primary bedroom and comfortable living space with a w/o to the backyard from the kitchen. The upper level offers 2 generous bedrooms, a separate kitchen with a w/o to a south facing sundeck and full bathroom - ideal for a potential rental suite, guest space or additional living space. The basement adds an additional bedroom/office and recreation space, full bathroom, laundry, a separate entrance and plenty of storage in the cold/room cantina. Location is everything! Nestled between Christie and Ossington, just south of Dupont, enjoy the best of central Toronto living with transit, parks, schools, grocery stores, cafés, restaurants and local shops all close by. Enjoy the energy and convenience of the city while coming home to a quiet, community-oriented residential street. Detached. Duplex. Income potential. Private backyard. Prime location. Opportunities like this don't come around often, and this one won't last long!

Details

Type: Detached
Style: 2-Storey
Age: 100+ years
Size: 1100-1500 sq ft
Lot: 20 × 100.5 ft
Basement: Separate Entrance, Finished
Garage: None
Kitchens: 2
Property tax: $6,319 (2025)
Neighbourhood: Dovercourt-Wallace Emerson-Junction
Municipality: Toronto W02
Price per sq ft: $769 (6% below detached houses in Dovercourt-Wallace Emerson-Junction, $815)

Interior

Bedrooms: 3 above ground + 1 below
Bathrooms: 2 × 4-piece (second), 2 × 4-piece (basement)
Rooms: 9 above ground + 5 below
Family room or den: Yes
Fireplace: No
Features: In-Law Capability, Primary Bedroom - Main Floor, Storage, Water Heater

Heating, cooling and services

Heating: Radiant, Electric
Air conditioning: Wall Unit(s)
Water and sewer: Sewer

Building and exterior

Style: 2-Storey
Exterior: Vinyl Siding, Brick
Roof: Metal
Foundation: Concrete Block
Age: 100+
Faces: South
Outdoor: Deck, Landscaped, Privacy, Porch, Storage

Lot

Size: 20 × 100.5 ft

Possession: TBD
Nearby: Hospital, Library, Place Of Worship, Public Transit
Cross street: Dupont and Ossington

Rooms

Room	Level	Size	Features
Foyer	Main	1.6 × 1.32 m (5'3" × 4'4")
Office	Main	2.89 × 3.2 m (9'6" × 10'6")	Combined w/Den, Window
Bedroom	Main	2.89 × 3.89 m (9'6" × 12'9")	Window
Living Room	Main	4.57 × 3.35 m (15' × 11')	Open Concept
Kitchen	Main	4.57 × 3.53 m (15' × 11'7")	Walk-Out, Overlooks Backyard
Primary Bedroom	Second	4.57 × 2.72 m (15' × 8'11")	Closet Organizers, Large Window
Bedroom	Second	3 × 2.64 m (9'10" × 8'8")
Kitchen	Second	4.57 × 3.53 m (15' × 11'7")	Combined w/Family
Dining Room	Second	4.57 × 2.44 m (15' × 8')	Combined w/Living, W/O To Sundeck
Bedroom	Basement	4.37 × 3.12 m (14'4" × 10'3")
Recreation	Basement	4.37 × 5.23 m (14'4" × 17'2")
Utility Room	Basement	2.77 × 1.6 m (9'1" × 5'3")
Laundry	Basement	2.08 × 3.45 m (6'10" × 11'4")
Cold Room/Cantina	Basement	4.37 × 2.51 m (14'4" × 8'3")

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Very walkable

🚇 Ossington Subway11 min walk
🚇 Christie Subway14 min walk
🚆 Exhibition GO3.7 km

Within a 10-minute walk: 9 grocery stores, 88 cafés and restaurants, 17 parks, 8 pharmacies. Nearest grocery: Farm Boy (400 m). Nearest park: Dupont-Shaw Parkette (200 m).

Schools nearby

Elementary

École élémentaire catholique du Sacré-Coeur-Toronto French
EQAO: Gr 6 reading 80%, math 40%4 min walk
Essex Junior and Senior Public School
EQAO: Gr 6 reading 80%, math 28%6 min walk
Hawthorne II Bilingual Alternative Junior School
EQAO: Gr 6 reading 94%, math 67%7 min walk
Dovercourt Public School
EQAO: Gr 6 reading 73%, math 32%12 min walk

Secondary

The Bickford Centre14 min walk
West End Alternative Secondary School14 min walk
Winona Drive Senior Public School16 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area M6G

Owners / renters: 49% / 51%
Median household income: $91,000
Average age: 43
Children under 15: 12%
Homes: 13% detached, 8% high-rise
Commute by transit: 25%
Population: 30,600

Languages spoken most at home besides English: Portuguese 3.2%, Yue (Cantonese) 2.6%, Italian 1.6%, Greek 1.2%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Major crime per resident in Dovercourt Village (2025): about the Toronto average, down 14% from the year before.

Assault27% above average
Break and enter25% above average
Auto theft43% below average
Robberyabout average
Theft from vehicles32% below average
Shootingsnone reported

Crime Severity Index for Toronto police: 60 vs 57 for Ontario (2025).

Police-reported figures for the whole neighbourhood, not this street. Rates use the area’s resident population.

Development nearby 3 active

157 HALLAM ST · 500 m

Plan of Condominium · Draft Plan Approved · applied 2025

Draft Plan of Condominium for 4 residential units.
Application details
888 DUPONT ST · 250 m

Site Plan · Under Review · applied 2021

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…
Application details
270 BARTON AVE · 450 m

Site Plan · NOAC Issued · applied 2018

Proposal to construct a new three-storey elementary school for the Toronto District Catholic School Board.
Application details
840 DUPONT ST · 250 m

Plan of Condominium · Closed · applied 2024

Application for Draft Plan of Standard Condominium to permit a 9 storey mixed use condominium containing 327 residential units, 304 parking units, 197 locker…
Application details
1120 OSSINGTON AVE · 450 m

Site Plan · Closed · applied 2022

The proposed development includes a three-storey mass timber residential building. The ground floor fronts Ossington Ave with 7 self-contained residential…
Application details

Rezoning, site plan, subdivision and condominium applications filed with the city.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Neighbourhood crime: Toronto Police Service Public Safety Data Portal (Open Government Licence – Toronto Police Service). Crime Severity Index: Statistics Canada. Planning applications: City of Toronto open data.

Living here

Commute

To Union Station (downtown Toronto): 5 km. Transit times · Driving times

Noise 1 source nearby

🚆 Rail line (North Toronto Subdivision)300 m

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

What can be built R

Residential.

✅ Up to 6 homes on the lot (multiplex): a sixplex ward
✅ Garden suite in the backyard
✅ Laneway suite, if the lot backs onto a lane

From Toronto’s Zoning By-law 569-2013 map. Lot size, setbacks and trees decide what actually fits; check with a planner before you buy.

Full lot check · Run the numbers

Building permits

No building permits at this address since 2014.

4 permits on this block of the street in the last 2 years, including 1 new home.

Permits filed with the City of Toronto. A permit doesn’t mean the work passed final inspection.

Trees

56 City street trees within 100 m. That’s more than the Toronto average of 42.

Trees on City boulevards only, not private yards or parks.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Short-term rentals

Only in your principal residence (where you live). The entire home can be rented up to 180 nights a year; renting up to 3 bedrooms while you live there has no limit. Hosts register with the City and collect the 6% accommodation tax.

City rules

Zoning, heritage, building permits and street trees: City of Toronto open data (Open Government Licence – Toronto). Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by KELLER WILLIAMS PORTFOLIO REALTY.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

Estimated monthly cost

Mortgage: $4,379
Property tax: $527
Total: $4,906

$200,000 down, 25-year amortization at 4.39%.

Cash needed to buy

Down payment: $200,000
Land transfer tax (Ontario + Toronto): $33,066
Legal and other costs: ~$2,500
Total: $235,566

First-time buyers can get up to $8,475 of land transfer tax back. All closing costs

Adjust the numbers

Rental potential

$3,800/month

Typical asking rent for 3 bedroom homes like this within 2 km (7 for rent now; most $2,890–$3,900).

As a rental, with 20% down

Rent: $3,800
Mortgage: −$4,379
Property tax: −$527
Insurance, repairs, vacancy: −$462
Cash flow: −$1,568/month

Cap rate 3.4% · gross yield 4.6%. Rentals need 20% down. Rough figures before income tax; ask us for a full analysis.

Rent control: Depends on when the unit was first lived in: before Nov. 15, 2018 it’s covered by Ontario’s yearly limit (2.1% in 2026); after, there’s no cap.

See rentals nearby