804-1201 Dundas Street, Toronto, ON

South Riverdale, Toronto · MLS® E13563896

$499,900
For Sale
Listed 3 days ago
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1Bedrooms
1Bathrooms
0Parking
500-599Sq Ft

About this home

Welcome to 1201 Dundas St E. You can live in this bright and spacious proper 1-bedroom loft in the iconic Flatiron Lofts. This wonderful loft is approximately 540 sq. ft. and features fabulous open-concept layout with exposed 9' concrete ceilings. Additional features include: Engineered hardwood floors throughout; Upgraded Closet Organizers In Bedroom Floor-to-ceiling windows; All Stainless steel appliances are full size and 1 years old; European-style kitchen with stone counters; Large washroom with a rain shower and deep soaker tub; Upgraded vanity in the washroom; Ensuite laundry(1 year old). Located in the heart of the Garment District and is just steps to Queen St. East, the Vibe of Leslieville, Street car, grocery stores, local Coffee Shops, Restaurants, Hideaway Park, Carlaw Parkette and much more. This South riverdale location is just minutes to the downtown core and the DVP. The location doesn't get any more convenient. Rooftop Terrace with BBQ and seating area. Party Room/Amenity Room On 2nd floor

Key facts

Property type
Condo Apartment, Loft
MLS®
E13563896
Bedrooms
1
Bathrooms
1
Size
500-599
Cross streets
Dundas St. E/Carlaw
Parking
0 parking
Basement
None
Heating
Heat Pump
A/C
Central Air
Exterior
Brick, Concrete
Maintenance
$467/mo
Exposure
North
Property tax
$2,294 / 2026
Days on market
3
Listing brokerage
HOMELIFE/VISION REALTY INC.

Rooms

Dining RoomMain5.42 × 3.62 m

combined w/living · hardwood floor

Living RoomMain5.42 × 3.64 m

combined w/dining · hardwood floor · window

Primary BedroomMain3.63 × 2.75 m

hardwood floor · double closet · window

KitchenMain2.44 × 2.75 m

hardwood floor · modern kitchen · stainless steel appl

Moe’s TakeTeam Asgarian · Broker
In the wider range
$489Kest. value

Listed at $499,900, this home is within the range of a wider set of listings, but with few close matches nearby, so worth confirming with a precise CMA. 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 6 similar homes nearby, adjusted for size, beds, and baths.Median of 6 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $493K, 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 $689K
  • Size difference −$92K
  • Adjusts to $597K

That comparable adjusts to $597K; the $489K estimate above is the median of all 6 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 (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.

List price
$387KGreat deal$518KOverpriced

Total price vs nearby homes. Fair value about $489K, median of 6 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
$646kavg asking

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

602-90 Broadview Avenue$689k513-1190 Dundas Street$610k602-630 Queen Street$640k

The 3 closest active listings nearby.

See all comparable homes
500kThis home689k610k640kThis home vs active comparables
Live market pulseActive comparables in South Riverdale · median list $899K
$910this home / sqft
6active listings nearby
3days on market

This home lists 2% below the area average of $925/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
$2,278/mo
$105KIncome needed
4.8×Price ÷ income
$526Weekly 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 $2,278Property tax $191Condo fee $467Total carry $2,936

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)
$2,134per month

Mortgage amount $399,920 · 4.14% over 25 years

$99,980Down payment (20.0%)
$399,920Loan before insurance
$0CMHC premium
$2,792Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,134
Property tax
$191
Condo / maintenance fees
$467
Heating
$0
Estimated monthly cost
$2,792

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

One-time closing costs

Ontario land transfer tax
$6,473
Toronto municipal land transfer tax
$6,473
Estimated closing costs
$12,946

Plus your down payment of $99,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,592/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

$240,316Total interest paid
$640,236Total of all payments
Principal $399,920 Interest $240,316
YearPrincipalInterestBalance
1$9,369$16,241$390,551
2$9,761$15,849$380,791
3$10,169$15,441$370,622
4$10,594$15,015$360,027
5$11,037$14,572$348,990
6$11,499$14,110$337,491
7$11,980$13,629$325,511
8$12,481$13,128$313,030
9$13,003$12,606$300,027
10$13,547$12,062$286,479
11$14,114$11,496$272,366
12$14,704$10,905$257,661
13$15,319$10,290$242,342
14$15,960$9,649$226,382
15$16,628$8,982$209,755
16$17,323$8,286$192,432
17$18,048$7,562$174,384
18$18,803$6,807$155,581
19$19,589$6,020$135,992
20$20,408$5,201$115,584
21$21,262$4,347$94,322
22$22,151$3,458$72,170
23$23,078$2,531$49,092
24$24,043$1,566$25,049
25$25,049$560$0

At the end of your 5-year term

Total paid over the term
$128,047
Principal paid down
$50,930
Interest paid
$77,117
Balance remaining
$348,990

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
1.9%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.

4.1%
Gross yield
− Property tax $2,294− Condo fees $5,602− Insurance $600− Vacancy & upkeep $2,244Net operating income $9,660

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

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