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227 - 7 Foundry Avenue
Dovercourt-Wallace Emerson-Junction, Toronto
$880,000
Welcome to 7 Foundry Avenue unit #227, a freshly updated 3-storey townhome with a sunny southern exposure! This 2-bedroom, 2-bathroom suite offers 1,075 square feet of living space plus a terrace, and a large den that can be used as another bedroom, office, or TV room. Lovingly cared for and maintained by the original owner, this home is in pristine condition and includes many updates, all completed in 2026: brand new engineered hardwood flooring on the 2nd and 3rd floors, a tankless hot water heater, a Blomberg washer & dryer, new lighting, and fresh paint throughout. Just move in and enjoy. The bright open concept main level is great for entertaining. A super functional kitchen includes granite counters, stainless steel appliances, freshly painted cabinets, and new lighting and faucet. The spacious primary bedroom easily fits a king sized bed and includes a walk-in closet. The oversized rooftop terrace is perfect for BBQing and relaxing after a long day. It even has a view of the CN Tower! Enjoy plenty of neighbourhood amenities within walking distance like Balzac's Coffee, Food Basics, Junction Triangle Library, Earlscourt Park, and Davenport Village Park. Hop on the Lansdowne bus and you'll be on Bloor Street in under 10 minutes. Leaving the city? No problem, the GO Train and UP Express are both under 20 minutes away by transit! This turnkey home is in a great location and could be the perfect fit for you.
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| Type | Condo Townhouse |
| Style | Stacked Townhouse |
| Approx. Age | Not available |
| Size | 1000-1199 sq. ft. |
| Maintenance Fees | $516 |
| Locker | Owned |
| Balcony | Terrace |
| Exposure | South |
| Parking Type | Underground |
| Parking Spaces | 1 |
| Parking Features | Underground |
| Property Tax | $3,507 |
| mls© Number | W13812534 |
| Listed By | ROYAL LEPAGE REAL ESTATE SERVICES LTD. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $4,504
- Property tax
- $292
- Heat allowance
- $150
- Condo fees, half counted
- $258
- Housing costs
- $5,205 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$160,000
gross annual household income
- Payment at 4%
- $3,703 / mo
- Cash down
- $176,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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