201-405 Dundas Street, Toronto, ON

Kensington-Chinatown, Toronto · MLS® C13060834

$4,200/mo
For Lease
Listed 84 days ago
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4Bedrooms
2Bathrooms
0Parking
1100-1500Sq Ft

About this home

Beautifully renovated and furnished 4-bedroom suite located at 405 Dundas St W, steps from Beverly in the heart of downtown Toronto. This spacious, move-in ready unit offers modern finishes throughout and unbeatable access to everything the city has to offer - easy TTC transit, walking distance to the University of Toronto, OCAD University, and Toronto Metropolitan University, and minutes from the CN Tower, Financial District, and Entertainment District. Surrounded by the vibrant energy of Chinatown, acclaimed restaurants, independent cafés, art galleries, and boutique shopping, this is a rare opportunity to live in one of Toronto's most dynamic and well-connected neighbourhoods

Key facts

Property type
Other, Apartment
MLS®
C13060834
Bedrooms
4
Bathrooms
2
Size
1100-1500
Cross streets
Dundas & Spadina
Parking
0 parking
Driveway
None
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete, Stone
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Days on market
84
Listing brokerage
ONE HOME REALTY INC.

Rooms

Bedroom 3Main3.45 × 2.73 m

w/o to patio · window · laminate

Bedroom 4Main3.56 × 3.41 m

laminate · closet

BathroomMain0.00 × 0.00 m

3 Pc Bath

Living RoomMain5.40 × 4.61 m

combined w/kitchen · laminate · open concept

Bedroom 2Main4.58 × 2.94 m

laminate · window · closet

BathroomMain0.00 × 0.00 m

3 Pc Bath

KitchenMain540.00 × 4.61 m

combined w/living · granite counters · laminate

Moe’s TakeTeam Asgarian · Broker
Below comparables
$4,657/moest. value

Listed at $4,200/mo, this rental is about 10% below comparable rentals, worth a close look. The number above is my independent estimate of value, not the asking price.

In Kensington-Chinatown lately, landlords have been getting about 99% of asking and homes lease in about 30 days.

Based on 62 similar rentals that recently leased nearby, adjusted for size, beds, and baths.Median of 62 recently leased comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, leased for $4,400/mo
  • Bedrooms −$150/mo
  • Bathrooms −$200/mo
  • Adjusts to $4,050/mo

That comparable adjusts to $4,050/mo; the $4,657/mo estimate above is the median of all 62 comparables, which is steadier than any single home.This estimate is grounded in actual lease prices from the last 15 months, not asking prices. Condition, finishes, and exact inclusions are still my in-person call.

List price
$4,200/moBelow market$5,156/moAbove market

Total price vs nearby homes. Fair value about $4,657/mo, median of 62 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
Comparable listingsCurrently listed nearby in Kensington-Chinatown · asking prices
$4,333avg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

4316-488 University Avenue$5,5003709-238 Simcoe Street$4,500202-414 Dundas Street$3,000

The 3 closest active listings nearby.

See all comparable homes
4,200This home5,5004,5003,000This home vs active comparables
Live market pulseActive comparables in Kensington-Chinatown · median list $4K
14active listings nearby
84days on market
50leased nearby · 90 days
$4Kmedian leased price
99%of asking, on average

On the market now.

View comparable listings

Not enough sq ft data to place this home on the area price curve.

Neighbourhood & location

Kensington-Chinatown, Toronto, ON

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

L'Amoreaux
$3K
Bayview Village
$3K
Willowdale East
$3K
Regent Park
$3K
Church-Yonge Corridor
$3K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Affordability & Mortgage

Affordability
$19/mo
$5KIncome needed
0.9×Price ÷ income
$4Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

88%mortgage
Mortgage $19Property tax $3Total carry $22

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 23, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$18per month

Mortgage amount $3,360 · 4.14% over 25 years

$840Down payment (20.0%)
$3,360Loan before insurance
$0CMHC premium
$21Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$18
Property tax
$3
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$21

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$21
Toronto municipal land transfer tax
$21
Estimated closing costs
$42

Plus your down payment of $840. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$22/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$2,019Total interest paid
$5,379Total of all payments
Principal $3,360 Interest $2,019
YearPrincipalInterestBalance
1$79$136$3,281
2$82$133$3,199
3$85$130$3,114
4$89$126$3,025
5$93$122$2,932
6$97$119$2,835
7$101$115$2,735
8$105$110$2,630
9$109$106$2,521
10$114$101$2,407
11$119$97$2,288
12$124$92$2,165
13$129$86$2,036
14$134$81$1,902
15$140$75$1,762
16$146$70$1,617
17$152$64$1,465
18$158$57$1,307
19$165$51$1,143
20$171$44$971
21$179$37$792
22$186$29$606
23$194$21$412
24$202$13$210
25$210$5$0

At the end of your 5-year term

Total paid over the term
$1,076
Principal paid down
$428
Interest paid
$648
Balance remaining
$2,932

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ONE HOME REALTY INC.. MLS®/PropTx.

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