503-1201 Dundas Street, Toronto, ON

South Riverdale, Toronto · MLS® E13556954

$1,199,000
For Sale
Listed 4 days ago
2Bedrooms
2Bathrooms
1Garage
1200-1399Sq Ft

About this home

Welcome to this beautifully designed 2 bedroom suite at the Flatiron Lofts, a boutique soft loft residence in the heart of Leslieville. This bright, light filled home is defined by elegant curved walls inspired by the building's iconic flatiron architecture, creating a warm and distinctive living experience. The functional layout is ideal for young professionals, families, or down-sizers, featuring a modern kitchen and dining area seamlessly connected to the open concept living space. The second bedroom offers versatility as a guest room, office, or den, while the spacious primary bedroom includes a large closet and a private 4 piece ensuite. Located in an intimate 10 storey building with retail at ground level, this suite places you steps from Leslieville's best restaurants, cafés, shops, groceries, and everyday amenities offering urban living in one of Toronto's most vibrant neighbourhoods.

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13556954
Bedrooms
2
Bathrooms
2
Size
1200-1399
Cross streets
Dundas St E and Carlaw Ave
Parking
1 garage (underground)
Basement
None
Heating
Heat Pump
A/C
Central Air
Exterior
Concrete
Maintenance
$1,127/mo
Exposure
South West
Property tax
$5,052 / 2025
Days on market
4
Listing brokerage
CORCORAN HORIZON REALTY

Rooms

Bedroom 2Main3.60 × 2.86 m

hardwood floor · closet · window

Dining RoomMain4.25 × 6.36 m

hardwood floor · combined w/living · large window

Primary BedroomMain4.67 × 3.52 m

4 pc ensuite · large closet · large window

Living RoomMain5.77 × 4.59 m

hardwood floor · west view · open concept

KitchenMain3.85 × 4.60 m

stainless steel appl · centre island · w/o to balcony

Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.

Its public catchment (Morse Street 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. 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.

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 · asking prices
$724kavg asking

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

#4403-36 Park Lawn Road$899k#4303-36 Park Lawn Road$875k706-3000 Bathurst Street$795k606-100 Canyon Avenue$610k714-100 Wingarden Court$440k

The 5 closest of 8 active listings nearby.

See all comparable homes
1.20MThis home899k875k795k610k440kThis home vs active comparables
Live market pulseActive comparables in South Riverdale · median list $619K
$923this home / sqft
21active listings nearby
4days on market

This home lists 18% below the area average of $1,131/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

84/ 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 38 m away

20+ transit stops9 grocery20+ dining20+ parks19 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
$590K
Waterfront Communities C8
$1.24M
Annex
$1.57M
Waterfront Communities C1
$672K
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 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
$5,465/mo
$246KIncome needed
4.9×Price ÷ income
$1,261Weekly 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.

78%mortgage
Mortgage $5,465Property tax $421Condo fee $1,127Total carry $7,013

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)
$5,119per month

Mortgage amount $959,200 · 4.14% over 25 years

$239,800Down payment (20.0%)
$959,200Loan before insurance
$0CMHC premium
$6,667Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,119
Property tax
$421
Condo / maintenance fees
$1,127
Heating
$0
Estimated monthly cost
$6,667

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

One-time closing costs

Ontario land transfer tax
$20,455
Toronto municipal land transfer tax
$20,455
Estimated closing costs
$40,910

Plus your down payment of $239,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$6,217/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

$576,394Total interest paid
$1,535,594Total of all payments
Principal $959,200 Interest $576,394
YearPrincipalInterestBalance
1$22,471$38,953$936,729
2$23,411$38,013$913,319
3$24,390$37,034$888,929
4$25,410$36,014$863,519
5$26,473$34,951$837,046
6$27,580$33,843$809,465
7$28,734$32,690$780,731
8$29,936$31,488$750,796
9$31,188$30,236$719,608
10$32,493$28,931$687,115
11$33,852$27,572$653,263
12$35,268$26,156$617,996
13$36,743$24,681$581,253
14$38,280$23,144$542,973
15$39,881$21,543$503,093
16$41,549$19,875$461,543
17$43,287$18,137$418,257
18$45,098$16,326$373,159
19$46,984$14,440$326,175
20$48,949$12,475$277,226
21$50,997$10,427$226,229
22$53,130$8,294$173,099
23$55,352$6,072$117,747
24$57,667$3,756$60,080
25$60,080$1,344$0

At the end of your 5-year term

Total paid over the term
$307,119
Principal paid down
$122,154
Interest paid
$184,964
Balance remaining
$837,046

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$4,100/mo
$49,200Gross annual rent
2.1%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.

4.1%
Gross yield
− Property tax $5,052− Condo fees $13,527− Insurance $600− Vacancy & upkeep $5,412Net operating income $24,608

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

CallRequest a showing