403-1238 Dundas Street, Toronto, ON

South Riverdale, Toronto · MLS® E13077684

$824,500
For Sale
Listed 74 days ago
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2Bedrooms
2Bathrooms
1Garage
800-899Sq Ft

About this home

Stylish without being pretentious, Leslieville feels like the sound of a bright saxophone under a lamppost. In the boutique Taylor Lofts, this 2 bedroom 2 bathroom split-layout is wide and well proportioned with 890 total square feet of living space. Say goodbye to the narrow floor plan, Suite #403 has 9-ft high exposed concrete ceilings and large windows across the back offering plenty of natural light. A cold craft beer, a good book, and your feet up on your roomy balcony, equipped with a gas hookup for the self-proclaimed grill master, your friends will have serious 'end of day' envy. That's pretty rare, but it doesn't stop there, as it also comes with a full-sized gas range stove and ensuite bathroom in the primary bedroom, notably large enough for a Queen! The open concept living / dining room is a breathable space you'll spend most of your time. When not relaxing deep into the couch or impressing with your smash burger recipe on the weekend, Queen Street East is Leslieville's very own "Champs-Elysees" to grab a bite or slip in and out of the boutique shops and local markets. A location triumph, there aren't enough days to hit up all the east end hot spots within striking distance- Lake Inez, "The Nose", Lady Marmalade, The Broadview Hotel, Bonjour Brioche to name a few. Plus, to satisfy your active and social side, enjoy the pick of the litter; go for a workout in your own condo gym or choose from an endless number of gyms & fitness studios in the area. Walk to cafes, niche retail stores and dog-friendly breweries nearby. Take the 501 Queen into the city, or vibe over your favourite playlist during a short 20 minute drive to the downtown core. Just launched - Leslieville's Tour de Dundas . Ready, steady. Go!

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13077684
Bedrooms
2
Bathrooms
2
Size
800-899
Cross streets
Dundas St. E. & Carlaw Ave.
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Concrete
Maintenance
$686/mo
Exposure
South
Property tax
$3,442 / 2025
Days on market
74
Listing brokerage
SAGE REAL ESTATE LIMITED

Rooms

Dining RoomGround5.18 × 4.86 m

hardwood floor · combined w/living · large window

Bedroom 2Ground3.05 × 2.74 m

hardwood floor · large closet · sliding doors

Primary BedroomGround3.05 × 2.93 m

closet · 3 pc ensuite · large window

KitchenGround3.14 × 1.89 m

breakfast bar · b/i appliances · stone counters

Living RoomGround5.18 × 4.86 m

hardwood floor · open concept · w/o to balcony

Moe’s TakeTeam Asgarian · Broker
In line
$815Kest. value

Listed at $824,500, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.

Based on 11 similar homes nearby, adjusted for size, beds, and baths.Median of 11 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $738K, 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, listed at $869K
  • Size difference −$95K
  • Bathrooms +$15K
  • Adjusts to $789K

That comparable adjusts to $789K; the $815K estimate above is the median of all 11 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.

On schools, this address is zoned for Pape Avenue Junior Public School, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.

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

List price
$810KGreat deal$845KOverpriced

Total price vs nearby homes. Fair value about $815K, median of 11 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
Comparable listingsCurrently listed nearby in South Riverdale · asking prices
$761kavg asking

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

411-630 Queen East Street$790k329-150 Logan Avenue$690k406-233 Carlaw Avenue$869k202-90 Broadview Avenue$696k

The 4 closest active listings nearby.

See all comparable homes
825kThis home790k690k869k696kThis home vs active comparables
Live market pulseActive comparables in South Riverdale · median list $690K
$971this home / sqft
12active listings nearby
74days on market

This home lists 4% below the area average of $1,011/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

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.

Getting around

86/ 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: Carlaw Ave at Dundas St East, about 119 m away

20+ transit stops8 grocery20+ dining20+ parks18 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.

Church-Yonge Corridor
$574K
Waterfront Communities C8
$998K
Annex
$1.39M
Waterfront Communities C1
$688K
Banbury-Don Mills
$500K

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 Pape Avenue Junior Public School
90%
Pape Avenue Junior Public SchoolPublic · Elementary · 0.6 km awayAmong the top in the GTA · 90% meet the provincial standard
Quest Alternative Senior SchoolEQAO results not published
Danforth Collegiate and Technical InstituteEQAO results not published

Affordability & Mortgage

Affordability
$3,758/mo
$168KIncome needed
4.9×Price ÷ income
$867Weekly 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.

79%mortgage
Mortgage $3,758Property tax $287Condo fee $686Total carry $4,731

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)
$3,520per month

Mortgage amount $659,600 · 4.14% over 25 years

$164,900Down payment (20.0%)
$659,600Loan before insurance
$0CMHC premium
$4,493Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,520
Property tax
$287
Condo / maintenance fees
$686
Heating
$0
Estimated monthly cost
$4,493

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

One-time closing costs

Ontario land transfer tax
$12,965
Toronto municipal land transfer tax
$12,965
Estimated closing costs
$25,930

Plus your down payment of $164,900. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$4,275/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

$396,361Total interest paid
$1,055,961Total of all payments
Principal $659,600 Interest $396,361
YearPrincipalInterestBalance
1$15,452$26,786$644,148
2$16,098$26,140$628,049
3$16,772$25,467$611,277
4$17,473$24,765$593,804
5$18,204$24,034$575,600
6$18,966$23,273$556,634
7$19,759$22,479$536,875
8$20,586$21,653$516,289
9$21,447$20,792$494,843
10$22,344$19,895$472,499
11$23,278$18,960$449,221
12$24,252$17,986$424,969
13$25,266$16,972$399,702
14$26,323$15,915$373,379
15$27,424$14,814$345,955
16$28,571$13,667$317,383
17$29,767$12,472$287,617
18$31,012$11,227$256,605
19$32,309$9,930$224,296
20$33,660$8,578$190,636
21$35,068$7,170$155,568
22$36,535$5,703$119,033
23$38,063$4,175$80,970
24$39,655$2,583$41,314
25$41,314$924$0

At the end of your 5-year term

Total paid over the term
$211,192
Principal paid down
$84,000
Interest paid
$127,192
Balance remaining
$575,600

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$2,700/mo
$32,400Gross annual rent
2.0%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.

3.9%
Gross yield
− Property tax $3,442− Condo fees $8,237− Insurance $600− Vacancy & upkeep $3,564Net operating income $16,557

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

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