505-1190 Dundas Street, Toronto, ON

South Riverdale, Toronto · MLS® E13225950

$549,000
For Sale
Listed 50 days ago
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1Bedrooms
1Bathrooms
0Parking
500-599Sq Ft

About this home

Welcome to The Carlaw, where authentic loft living meets the energy of Leslieville. Bright, spacious, and thoughtfully designed, this standout suite offers the perfect blend of style, function, and lifestyle in one of the city's most sought-after addresses.Featuring a well-proportioned one-bedroom, one-bathroom layout, this home is defined by its 9-foot exposed concrete ceilings, expansive floor-to-ceiling windows throughout, and a sunlit balcony complete with a gas line-perfect for year-round BBQing and effortless entertaining.The open-concept design truly lives like a home, offering full-sized living and dining spacesideal for hosting, relaxing, or working from home. The upgraded kitchen is both sleek and functional, showcasing quartz countertops, a large ISLAND with seating, extended cabinetry, and full-sized stainless steel appliances all seamlessly integrated for a polished, modern feel.Practicality meets convenience with in-suite laundry and a same-floor locker for easy everydaycaccess. Hardwood flooring runs throughout, adding warmth and continuity to the space.Residents of The Carlaw enjoy an exceptional lineup of amenities, including a rooftop terrace with sweeping city views, a fully equipped fitness centre, a stylish party room, and 24-hour concierge service.Step outside and immerse yourself in Leslieville's vibrant community-just moments to Crows Theatre, the renowned Piano Piano restaurant, and an eclectic mix of cafes, boutiques, parks, and transit options.This is more than a condo, it's a lifestyle. Stylish, connected, and effortlessly livable...welcome home!

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13225950
Bedrooms
1
Bathrooms
1
Size
500-599
Cross streets
DUNDAS ST E & CARLAW AVE
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Metal/Steel Siding
Maintenance
$479/mo
Exposure
East
Property tax
$2,285 / 2025
Days on market
50
Listing brokerage
CITY REALTY POINT

Rooms

Living RoomMain3.05 × 3.05 m

hardwood floor · window floor to ceiling · w/o to balcony

KitchenMain3.05 × 1.52 m

hardwood floor · stainless steel appl · open concept

BathroomMain1.82 × 1.82 m

enamel sink · tile floor · soaking tub

LaundryMain1.22 × 1.22 m

ceramic floor · tile floor

Dining RoomMain3.05 × 1.52 m

hardwood floor · combined w/kitchen · combined w/living

Primary BedroomMain2.90 × 2.90 m

hardwood floor · double closet · window floor to ceiling

Moe’s TakeTeam Asgarian · Broker
Above comparables
$427Kest. value

Listed at $549,000, this home is about 29% 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 ($999/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 39 days.

Based on 82 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 82 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $425K, 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 $415K
  • Adjusts to $415K

That comparable adjusts to $415K; the $427K estimate above is the median of all 82 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.

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.

List price
$375KGreat deal$549KOverpriced

Total price vs nearby homes. Fair value about $427K, median of 82 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 South Riverdale · asking prices
$515kavg asking

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

407-630 Queen Street$530k1307-45 Baseball Place$520k222-246 Logan Avenue$609k202-25 Baseball Place$400k

The 4 closest active listings nearby.

See all comparable homes
549kThis home530k520k609k400kThis home vs active comparables
Live market pulseActive comparables in South Riverdale · median list $625K
$999this home / sqft
12active listings nearby
50days on market
100sold nearby · 90 days
$540Kmedian sold price
96%of asking, on average

This home lists 6% above the area average of $943/sqft.

49 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.

Church-Yonge Corridor
$556K
Waterfront Communities C8
$830K
Bay Street Corridor
$525K
Waterfront Communities C1
$653K
Annex
$513K

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
$2,502/mo
$114KIncome needed
4.8×Price ÷ income
$577Weekly 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 $2,502Property tax $190Condo fee $479Total carry $3,171

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)
$2,344per month

Mortgage amount $439,200 · 4.14% over 25 years

$109,800Down payment (20.0%)
$439,200Loan before insurance
$0CMHC premium
$3,013Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,344
Property tax
$190
Condo / maintenance fees
$479
Heating
$0
Estimated monthly cost
$3,013

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

One-time closing costs

Ontario land transfer tax
$7,455
Toronto municipal land transfer tax
$7,455
Estimated closing costs
$14,910

Plus your down payment of $109,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,847/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

$263,920Total interest paid
$703,120Total of all payments
Principal $439,200 Interest $263,920
YearPrincipalInterestBalance
1$10,289$17,836$428,911
2$10,719$17,405$418,192
3$11,168$16,957$407,024
4$11,635$16,490$395,389
5$12,121$16,003$383,268
6$12,629$15,496$370,639
7$13,157$14,968$357,483
8$13,707$14,418$343,775
9$14,280$13,844$329,495
10$14,878$13,247$314,617
11$15,500$12,625$299,117
12$16,148$11,976$282,969
13$16,824$11,301$266,145
14$17,528$10,597$248,618
15$18,261$9,864$230,357
16$19,025$9,100$211,332
17$19,820$8,305$191,512
18$20,649$7,475$170,863
19$21,513$6,612$149,349
20$22,413$5,712$126,937
21$23,350$4,774$103,586
22$24,327$3,798$79,259
23$25,345$2,780$53,914
24$26,405$1,720$27,509
25$27,509$615$0

At the end of your 5-year term

Total paid over the term
$140,624
Principal paid down
$55,932
Interest paid
$84,692
Balance remaining
$383,268

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$1,700/mo
$20,400Gross annual rent
1.7%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.

3.7%
Gross yield
− Property tax $2,285− Condo fees $5,744− Insurance $600− Vacancy & upkeep $2,244Net operating income $9,527

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

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