18 Doverwood Court, Toronto C14

Price: $990,000

5 bedrooms, 4 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: C13111764

Location! Location! Location! Stunning Detached Backsplit 4 level Located at the Prime North York Location - Just Steps To Yonge! Featuring Three Self-Contained Rental Units With Separate Entrances Generating Approx. $7000/Month or more +++, Oering Great Rental Income Potential. Investor return at 5% Cap or more. This Home Boasts Gleaming Hardwood Floors Throughout, Beautifully Upgraded Bathrooms With Elegant Italian Fixtures Including A Luxurious Jacuzzi In The Primary Bedroom. Recent Upgrades Include Walk-out Basement, New Roof, Updated Air Conditioning System, And New Hot Water Tank. Situated On A Premium 150 Ft Deep Lot With A Huge Private Backyard, Perfect For Family Living And Entertaining. Conveniently Located Close To Finch Subway Station, TTC, YRT, Shopping, Restaurants, And All Amenities. Nestled On A Quiet, Child-Safe Court - An Ideal Family Home With Income Potential. Don't Miss Out - This One Will Not Last !

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$990,000 - 18 Doverwood Court, Willowdale

Detached for Sale in Willowdale

38 days on market

Neighbourhood: Newtonbrook East

5Beds
4Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
C13111764
Property Type
Detached
Status
active
Days on Site
38
Bedrooms
5
Bathrooms
4
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Willowdale / Newtonbrook
Listing Brokerage
RE/MAX ATRIUM HOME REALTY
Description

Location! Location! Location! Stunning Detached Backsplit 4 level Located at the Prime North York Location - Just Steps To Yonge! Featuring Three Self-Contained Rental Units With Separate Entrances Generating Approx. $7000/Month or more +++, Oering Great Rental Income Potential. Investor return at 5% Cap or more. This Home Boasts Gleaming Hardwood Floors Throughout, Beautifully Upgraded Bathrooms With Elegant Italian Fixtures Including A Luxurious Jacuzzi In The Primary Bedroom. Recent Upgrades Include Walk-out Basement, New Roof, Updated Air Conditioning System, And New Hot Water Tank. Situated On A Premium 150 Ft Deep Lot With A Huge Private Backyard, Perfect For Family Living And Entertaining. Conveniently Located Close To Finch Subway Station, TTC, YRT, Shopping, Restaurants, And All Amenities. Nestled On A Quiet, Child-Safe Court - An Ideal Family Home With Income Potential. Don't Miss Out - This One Will Not Last !

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,079.21/mo

Includes CMHC insurance ($27,621)

$
$
5%10%50%

5-yr fixed avg.

Principal: $891,000Interest: $605,143
Mortgage Amount$918,621
Total Interest$605,143
Est. Property Tax$701/mo
Total Cost$1,523,764

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: Newtonbrook East

Discover Newtonbrook East

Newtonbrook East 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 Newtonbrook East

  • Convenient location in Willowdale / Newtonbrook
  • 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

Newtonbrook East 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

18 Doverwood Court, Willowdale / Newtonbrook

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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)
3.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$701
Insurance (est.)-$206
Net Cash Flow+$2,693

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

Competitive Pricing

At $660/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Market Position

At 38 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Detached Home Advantages

Detached homes in Willowdale 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 Willowdale.

Bathroom Count Matters

With 4 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 Newtonbrook East

I know Newtonbrook East 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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