1089 Dundas Street, Toronto, ON
South Riverdale, Toronto · MLS® E13757818
About this home
In short
- Rarely offered investment opportunity at the acclaimed Riverdale Lofts.
- Discover ultimate versatility in this massive, light-filled freehold property offering over 2,100 sq. ft. of premium open-concept space.
- The architectural flair is unmatched, featuring dramatic floor-to-ceiling windows that flood the space with natural light, a grand solid oak staircase, and rich...
- Enjoy soaring vertical space with 10-foot ceilings on the main floor and up to 12-foot ceilings on the second level.
Rarely offered investment opportunity at the acclaimed Riverdale Lofts! Discover ultimate versatility in this massive, light-filled freehold property offering over 2,100 sq. ft. of premium open-concept space. Boasting a perfect live/work layout or potential duplex setup, this property features two separate entrances, making it ideal for professionals, business owners, or savvy investors looking to live in one unit and rent the other.The architectural flair is unmatched, featuring dramatic floor-to-ceiling windows that flood the space with natural light, a grand solid oak staircase, and rich hardwood floors throughout. Enjoy soaring vertical space with 10-foot ceilings on the main floor and up to 12-foot ceilings on the second level. The highly functional main floor also comes equipped with full kitchen capacity to easily service a storefront, office, or secondary suite. Embrace the vibrant lifestyle with exceptional outdoor living, including a huge private terrace and your own private rooftop deck offering spectacular, unobstructed treetop and neighborhood views.Unbeatable location just steps to Queen Street East, the TTC, boutique shopping, and world-class dining. Truly a unique gem in one of the East End's most desirable pockets!
Key facts
- Property type
- Townhouse, 3-Storey
- MLS®
- E13757818
- Bedrooms
- 2+1 (3 total)
- Bathrooms
- 2 (1 half)
- Size
- 1500-2000 sq ft
- Lot
- 12.83 × 70.65 ft
- Cross streets
- Dundas St E & Logan Ave
- Parking
- 1 garage (carport)
- Driveway
- Mutual
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Unknown
- Sewer
- Sewer
- Property tax
- $5,598 / 2025
- Days on market
- 3
- Listing brokerage
- AIMHOME REALTY INC.
Rooms
large closet · 3 pc bath
hardwood floor · open concept
hardwood floor · walk-out · pot lights
hardwood floor · overlooks dining · open concept
hardwood floor · w/o to balcony · double closet
hardwood floor · closet
hardwood floor · open concept · w/o to deck
Listed at $1,298,000 with no offer date, so the ask is the seller’s number, and homes priced this way sell close to it. My read is $1.35M, typically $1.23M to $1.56M. Comparable closings on their own put this home around $1.48M, so the seller is asking less than the comparables suggest: either they want a quick, clean sale or something about the home is not in the comparables. Worth seeing before you offer.
Second read, from the city assessment: $1.41M. Similar homes sold in line with their assessments, and this one lands close to the comparable-sales figure, which is what a firm read looks like.
One thing to square: this home asks more than the ones for sale nearby, yet my estimate still puts it below recent closings. That usually means the nearby listings are smaller or simpler homes, so the sticker comparison undersells what this one is.
Total price vs nearby homes. Fair value about $1.35M, median of 31 comparables.
The market behind the math:
About 1.4 months of inventory: 6 townhouse homes for sale in the area against 13 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $742/sqft against an area asking average of $809/sqft. Size and $/sqft both feed the estimate above.
- Ravine / green setting. This home sits beside a green space. A premium that comparable-sales math under-prices, so read the estimate as a floor.
How this estimate is builtthe short version
I take the 31 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, lot frontage, a ravine backing, an inground pool), then use the median, which is steadier than leaning on any single sale.
It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $1.41M, a close match.
What the listing highlights3 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
- Open-concept layout: modern, sought-after flow. Lifestyle
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Schools & getting aroundcatchment and transit
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. Dundas Street East is about a 3-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Read this with carewhy it’s an estimate, not an appraisal
There were not many closely comparable homes right in South Riverdale, so I widened the search to the surrounding area.
Based on 31 comparable homes that sold in South Riverdale over the past two years, from 102 closings there.
For sale
For sale
For sale
For sale
For sale
For saleNothing closely matching this home is listed nearby right now, so these are the nearest townhouse listings on the market. Homes like this one have recently closed around $1.48M, which is where my estimate comes from.
Per square foot, these ask about $860/sqft; this home lists at $742/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 6 active listings nearby.
See all comparable homesNeighbourhood & location
South Riverdale, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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 OpenStreetMap contributors.
Most daily errands can be done on foot.
🚉 Nearest transit: Dundas Street East, about 200 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
Affordability & Mortgage
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.
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
Conventional (20%+ down). Best insured 5-year fixed 4.09% via Ratehub.ca (as of September 11, 2026); conventional rates run a little higher.
Mortgage amount $1,038,400 · 4.24% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,598
- Property tax
- $467
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $6,065
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $22,435
- Toronto municipal land transfer tax
- $22,435
- Estimated closing costs
- $44,870
Plus your down payment of $259,600. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $335,888
- Principal paid down
- $130,691
- Interest paid
- $205,197
- Balance remaining
- $907,709
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 5 whole-home leases in South Riverdale signed at a median of $3,693 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,793. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of AIMHOME REALTY INC.. MLS®/PropTx.