405-1239 Dundas Street, Toronto, ON

Trinity-Bellwoods, Toronto · MLS® C13488558

$539,000
For Sale
Listed 22 days ago
2Bedrooms
1Bathrooms
0Parking
600-699Sq Ft

About this home

Tucked into the heart of Trinity Bellwoods, this beautifully updated 1-bedroom + den condo offers the kind of downtown lifestyle that feels both energizing and easy. Set inside the iconic Abacus Lofts, the space blends warm, modern finishes with the character of true loft living - exposed concrete ceilings, floor-to-ceiling windows, and oversized living spaces designed for real life. High above Dundas West, you'll enjoy the buzz of the neighbourhood below while still feeling a sense of calm and privacy at home. Inside, every detail has been thoughtfully refreshed. Warm white oak flooring runs throughout, complemented by custom drapery, a freshly painted interior, an updated kitchen backsplash, and sleek new bathroom finishes. The den near the entrance makes an ideal work-from-home office, reading nook, or flexible guest space. The kitchen is fully equipped with quality appliances including a gas cooktop, built-in oven and microwave, generous storage, and clean modern cabinetry that keeps everything feeling streamlined and uncluttered. The open-concept living and dining area is bright, welcoming, and effortlessly stylish - equally suited for hosting friends before dinner on Ossington or settling in for a quiet night with takeout and a movie. The bedroom easily fits a queen-sized bed and features an entire wall of concealed storage, keeping the space functional without sacrificing design. Step outside and you're surrounded by some of Toronto's best restaurants, wine bars, cafes, boutiques, and fitness studios. Grab a bottle from Grape Witches next door, meet friends along Ossington, or hop on the Dundas streetcar for a quick ride into the core. Trinity Bellwoods, Little Portugal, and Dundas West are all at your doorstep, making this one of those rare homes where the neighbourhood truly becomes part of your lifestyle.

Key facts

Property type
Condo Apartment, Loft
MLS®
C13488558
Bedrooms
2 (1 + 1)
Bathrooms
1
Size
600-699
Cross streets
Dundas / Ossington
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Aluminum Siding
Maintenance
$668/mo
Exposure
North
Property tax
$3,227 / 2025
Days on market
22
Listing brokerage
ROYAL LEPAGE/J & D DIVISION

Rooms

Living RoomFlat5.08 × 3.43 m

combined w/dining · hardwood floor · large window

Dining RoomFlat5.08 × 3.43 m

combined w/living · hardwood floor · large window

Primary BedroomFlat3.91 × 2.82 m

hardwood floor · closet · sliding doors

KitchenFlat3.51 × 1.93 m

hardwood floor · stainless steel appl · custom backsplash

Moe’s TakeTeam Asgarian · Broker
Below the wider set
$763Kest. value

Listed at $539,000, this home is tracking about 29% below a wider set of listings, though close matches were thin, so it is worth confirming with a precise CMA rather than reading it as a clear deal. The number above is my independent estimate of value, not the asking price.

There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.

Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $875K, a bit higher.

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, listed at $735K
  • Size difference −$117K
  • Adjusts to $618K

That comparable adjusts to $618K; the $763K estimate above is the median of all 5 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

Its public catchment (Givins/Shaw Junior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

On location, this is a very walkable address with everyday errands close by. Dundas St West at Dovercourt Rd is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$539KGreat deal$785KOverpriced

Total price vs nearby homes. Fair value about $763K, median of 5 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.

  • Open-concept layout: modern, sought-after flow.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Lifestyle
Comparable listingsCurrently listed nearby in Trinity-Bellwoods · asking prices
$828kavg asking

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

208-901 Queen Street$735k214-901 Queen Street$750k514-183 Dovercourt Road$998k

The 3 closest active listings nearby.

See all comparable homes
539kThis home735k750k998kThis home vs active comparables
Live market pulseActive comparables in Trinity-Bellwoods · median list $998K
$830this home / sqft
5active listings nearby
22days on market

This home lists 26% below the area average of $1,128/sqft.

On the market now.

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Trinity-Bellwoods, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

85/ 100

Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Most daily errands can be done on foot.

🚉 Nearest transit: Dundas St West at Dovercourt Rd, about 85 m away

20+ transit stops20+ grocery20+ dining20+ parks20+ pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

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

Waterfront Communities C1
$694K
Annex
$1.39M
Church-Yonge Corridor
$574K
Waterfront Communities C8
$998K
Mimico
$800K

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

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

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Givins/Shaw Junior Public School
81%
Givins/Shaw Junior Public SchoolPublic · Elementary · 0.6 km awayAbove the GTA average · 81% meet the provincial standard

Affordability & Mortgage

Affordability
$2,457/mo
$118KIncome needed
4.5×Price ÷ income
$567Weekly 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.

72%mortgage
Mortgage $2,457Property tax $269Condo fee $668Total carry $3,393

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 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,301per month

Mortgage amount $431,200 · 4.14% over 25 years

$107,800Down payment (20.0%)
$431,200Loan before insurance
$0CMHC premium
$3,238Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,301
Property tax
$269
Condo / maintenance fees
$668
Heating
$0
Estimated monthly cost
$3,238

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

One-time closing costs

Ontario land transfer tax
$7,255
Toronto municipal land transfer tax
$7,255
Estimated closing costs
$14,510

Plus your down payment of $107,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,795/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

$259,113Total interest paid
$690,313Total of all payments
Principal $431,200 Interest $259,113
YearPrincipalInterestBalance
1$10,102$17,511$421,098
2$10,524$17,088$410,574
3$10,964$16,648$399,610
4$11,423$16,190$388,187
5$11,901$15,712$376,287
6$12,398$15,214$363,888
7$12,917$14,695$350,971
8$13,457$14,155$337,514
9$14,020$13,592$323,493
10$14,607$13,006$308,887
11$15,218$12,395$293,669
12$15,854$11,758$277,815
13$16,517$11,095$261,297
14$17,208$10,404$244,089
15$17,928$9,684$226,161
16$18,678$8,935$207,483
17$19,459$8,153$188,024
18$20,273$7,339$167,750
19$21,121$6,491$146,629
20$22,005$5,608$124,624
21$22,925$4,687$101,699
22$23,884$3,728$77,815
23$24,883$2,729$52,932
24$25,924$1,689$27,008
25$27,008$604$0

At the end of your 5-year term

Total paid over the term
$138,063
Principal paid down
$54,913
Interest paid
$83,149
Balance remaining
$376,287

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.

Investor snapshot

Rental yield
Estimate$2,050/mo
$24,600Gross annual rent
1.9%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

4.6%
Gross yield
− Property tax $3,227− Condo fees $8,015− Insurance $600− Vacancy & upkeep $2,706Net operating income $10,052

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE/J & D DIVISION. MLS®/PropTx.

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