902-1201 Dundas Street, Toronto, ON

South Riverdale, Toronto · MLS® E13066088

$644,900
For Sale
Listed 82 days ago
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2Bedrooms
1Bathrooms
0Parking
600-699Sq Ft

About this home

Welcome to Suite 902 at the Flat Iron Lofts, where modern design meets the vibrant charm of Leslieville. This bright 1bedroom plus den, 1-bath corner suite features a smart, open-concept layout ideal for professionals or couples. Floor-to-ceiling, south-facing windows flood the space with natural light throughout the day. Exposed concrete ceilings, wide-plank hardwood floors, and sleek finishes blend industrial character with contemporary style. The modern kitchen offers full-sized stainless steel appliances, stone countertops, and generous storage-perfect for everyday living or entertaining. A standout feature is the expansive private terrace with gas BBQ hookup, offering a seamless extension of the living space. Enjoy city views and stunning downtown sunsets, whether hosting friends or unwinding at the end of the day. Residents also have access to a rooftop terrace with panoramic skyline views. Steps to parks, transit, and Leslieville's best cafés, shops, and restaurants along Queen East and Gerrard. Suite 902 is more than a condo-it's a lifestyle. Be sure to explore the photo gallery, where we've included five suggested layout options to showcase the versatility of the space and inspire your own vision.

Key facts

Property type
Condo Apartment, 1 Storey/Apt
MLS®
E13066088
Bedrooms
2
Bathrooms
1
Size
600-699
Cross streets
Dundas / Carlaw
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Foundation
Poured Concrete
Roof
Flat
Maintenance
$516/mo
Exposure
North
Property tax
$2,669 / 2025
Days on market
82
Listing brokerage
ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES

Rooms

BathroomMain2.74 × 1.52 m

4 Pc Bath

Living RoomMain1.46 × 4.60 m
Bedroom 2Main3.66 × 2.68 m
BedroomMain2.74 × 4.57 m
KitchenMain3.02 × 3.90 m
OtherMain0.00 × 0.00 m

Balcony

Moe’s TakeTeam Asgarian · Broker
Above comparables
$529Kest. value

Listed at $644,900, this home is about 22% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

Priced above comparable homes overall, but the price per square foot ($993/sqft) is in line with the area, so you are paying for extra space rather than a premium.

In South Riverdale lately, sellers have been getting about 96% of asking and homes sell in about 40 days.

There were not many closely comparable homes right in South Riverdale, so I widened the search to the surrounding area.

Based on 80 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 80 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $495K, a close match.

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, sold for $495K
  • Adjusts to $495K

That comparable adjusts to $495K; the $529K estimate above is the median of all 80 comparables, which is steadier than any single home.This estimate is grounded in actual closing prices from the last 15 months, not asking prices. Lot, condition, and finishes are still my in-person call.

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

List price
$469KGreat deal$645KOverpriced

Total price vs nearby homes. Fair value about $529K, median of 80 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. Lifestyle
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Comparable listingsCurrently listed nearby · asking prices
$473kavg asking

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

411-50 TOWN CENTRE Court$439k907-3 Hickory Tree Road$450k905-39 Annie Craig Avenue$530k

The 3 closest active listings nearby.

See all comparable homes
645kThis home439k450k530kThis home vs active comparables
Live market pulseActive comparables in South Riverdale · median list $652K
$993this home / sqft
39active listings nearby
82days on market
100sold nearby · 90 days
$543Kmedian sold price
96%of asking, on average

This home lists 4% below the area average of $1,031/sqft.

81 days longer than the Toronto average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

South Riverdale, 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.

Nearby neighbourhoods

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

Moss Park
$519K
Waterfront Communities C8
$719K
Church-Yonge Corridor
$627K
Bay Street Corridor
$471K
Waterfront Communities C1
$652K

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 Morse Street Junior Public School
76%
Morse Street Junior Public SchoolPublic · Elementary · 0.5 km awayAbove the GTA average · 76% meet the provincial standard
Quest Alternative Senior SchoolEQAO results not published
Danforth Collegiate and Technical InstituteEQAO results not published

Affordability & Mortgage

Affordability
$2,939/mo
$132KIncome needed
4.9×Price ÷ income
$678Weekly 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.

80%mortgage
Mortgage $2,939Property tax $222Condo fee $516Total carry $3,678

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 22, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,753per month

Mortgage amount $515,920 · 4.14% over 25 years

$128,980Down payment (20.0%)
$515,920Loan before insurance
$0CMHC premium
$3,492Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,753
Property tax
$222
Condo / maintenance fees
$516
Heating
$0
Estimated monthly cost
$3,492

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

One-time closing costs

Ontario land transfer tax
$9,373
Toronto municipal land transfer tax
$9,373
Estimated closing costs
$18,746

Plus your down payment of $128,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,344/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

$310,022Total interest paid
$825,942Total of all payments
Principal $515,920 Interest $310,022
YearPrincipalInterestBalance
1$12,086$20,951$503,834
2$12,592$20,446$491,242
3$13,118$19,919$478,124
4$13,667$19,370$464,456
5$14,239$18,799$450,217
6$14,834$18,203$435,383
7$15,455$17,583$419,928
8$16,101$16,936$403,827
9$16,775$16,263$387,052
10$17,477$15,561$369,575
11$18,208$14,830$351,367
12$18,969$14,068$332,398
13$19,763$13,275$312,636
14$20,589$12,448$292,046
15$21,451$11,587$270,596
16$22,348$10,690$248,248
17$23,283$9,755$224,965
18$24,256$8,781$200,709
19$25,271$7,767$175,438
20$26,328$6,710$149,110
21$27,429$5,608$121,681
22$28,577$4,461$93,104
23$29,772$3,266$63,332
24$31,017$2,020$32,315
25$32,315$723$0

At the end of your 5-year term

Total paid over the term
$165,188
Principal paid down
$65,703
Interest paid
$99,486
Balance remaining
$450,217

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.

3.8%
Gross yield
− Property tax $2,669− Condo fees $6,195− Insurance $600− Vacancy & upkeep $2,706Net operating income $12,429

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES. MLS®/PropTx.

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