902-1201 Dundas Street, Toronto, ON

South Riverdale, Toronto · MLS® E13767460

$624,900
For Sale
Listed 40 days agoNo offer date stated
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2Bedrooms
1Bathrooms
0Parking
600-699Sq ft

About this home

In short

  • Loft living, Leslieville style.
  • Suite 902 at the boutique Flat Iron Lofts delivers distinctive urban character with a polished, contemporary edge.
  • This bright corner 1+den (with potential for a second bedroom) features exposed concrete ceilings, wide-plank hardwood floors, and floor-to-ceiling south-facing...
  • The open-concept kitchen features solid-surface countertops and stainless steel appliances, while the flexible den works equally well as a home office, guest room, or...
  • Then there's the terrace, approx 262 sq ft. an expansive private outdoor space with a gas BBQ hookup, city views, and a front-row seat to downtown sunsets.

Loft living, Leslieville style. Suite 902 at the boutique Flat Iron Lofts delivers distinctive urban character with a polished, contemporary edge. This bright corner 1+den (with potential for a second bedroom) features exposed concrete ceilings, wide-plank hardwood floors, and floor-to-ceiling south-facing windows that bring in an abundance of natural light. The open-concept kitchen features solid-surface countertops and stainless steel appliances, while the flexible den works equally well as a home office, guest room, or creative space. Then there's the terrace, approx 262 sq ft. an expansive private outdoor space with a gas BBQ hookup, city views, and a front-row seat to downtown sunsets. Plenty of room for summer dinners, drinks with friends, or simply unwinding above the neighbourhood .Residents also enjoy a second-floor party room and rooftop terrace with panoramic skyline views, plus a newly added car-share service conveniently located in the adjacent parking lot. And the location is made for life on foot. Step outside and you're surrounded by Leslieville's cafés, restaurants, local shops, parks, and everyday essentials, with Queen East and Gerrard both within easy reach. Excellent cycling infrastructure and convenient transit offer even more ways to get around, while nearby car-share makes it easy to access a vehicle when you actually need one. Authentic loft character, exceptional outdoor space, and a genuinely walkable east-end lifestyle-Suite 902 brings it all together.

Key facts

Property type
Condo Apartment, 1 Storey/Apt
MLS®
E13767460
Bedrooms
2
Bathrooms
1
Size
600-699 sq ft
Cross streets
Dundas / Carlaw
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Foundation
Poured Concrete
Roof
Flat
Maintenance
$555/mo
Exposure
North
Property tax
$2,669 / 2025
Days on market
40
Listing brokerage
ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES

Rooms

OtherMain0.00 × 0.00 m

Balcony

KitchenMain3.02 × 3.90 m
BedroomMain2.74 × 4.57 m
BathroomMain2.74 × 1.52 m

4 Pc Bath

Living RoomMain1.46 × 4.60 m
Bedroom 2Main3.66 × 2.68 m
Our TakeTeam Asgarian · Broker
A small discount is typical
$608Klikely sale price

Listed at $624,900. Going by how homes in South Riverdale and the wider GTA have actually closed against their asking prices (about 97%, 30 local closings in 90 days), the likely sale price is near $608K, if it sells. A realistic range is $573K to $658K.

Independent value check: $527K. Without looking at the asking price, our model values the home itself about 16% below the ask (homes like it typically land between $491K and $554K).

Why $527K. The typical condo sold in South Riverdale over the past year went for about $670K (116 sales). What sets this one apart:

  • ▼ Lowers itIts tax bill, which follows the city's own assessment, is $2,669 a year; the typical home sold here pays about $3,200.
  • ▲ Raises it2 bedrooms and 1 baths, against 1+1 and 1 typically.
  • ▼ Lowers it0 garage and 0 total parking spaces, against 1 and 1 typically.
  • ▼ Lowers it slightlyIt is 600 to 699 sq ft; the typical home sold here is 700 to 799.
List price
$573KBelow recent closings$658KAbove recent closings

Total price vs nearby homes. Likely closing about $608K, from 30 recent closings in this pocket.

The market behind the math:

30sold nearby · 90 days
$680Kmedian sold price
97%of asking, on average
+2%prices vs a year ago
~22 dayshomes like this take to sell
40days on market so far
$2,623/moest. rent · 392 leases
5.0%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 4.7 months of inventory: 47 condo apartment homes for sale in the area against 30 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $962/sqft against an area asking average of $962/sqft.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.

It never sees the asking price. The 30 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $550K. Condition and finishes remain an in-person call.

What the listing highlights2 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • 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.

Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($962/sqft) is in line with the area, so you are paying for extra space rather than a premium.

There were not many closely comparable homes right in South Riverdale, so I widened the search to the surrounding area.

Based on 30 comparable homes that sold in South Riverdale over the past two years, from 226 closings there.

What sellers nearby are askingCurrently listed nearby in South Riverdale · asking prices
$649kavg asking

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

Per square foot, these ask about $952/sqft; this home lists at $962/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
625kThis home689k559k700kThis home vs active comparables

Sold price trend

Median sold price for condos in South Riverdale: $795K in September 2026, up 6% from a year ago, on 108 closings in 10 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$662K10
November 2025$670K11
February 2026$603K10
March 2026$765K11
April 2026$670K9
May 2026$568K12
June 2026$640K11
July 2026$608K12
August 2026$703K8
September 2026$795K14

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.

Moss Park
$633K
Waterfront Communities C8
$570K
Church-Yonge Corridor
$680K
Bay Street Corridor
$479K
Waterfront Communities C1
$761K

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
Also nearby: 12 more schools within 2.5 km
Pape Avenue Junior Public School · Public elementary0.6 km · 90% at standard
Eastdale Collegiate Institute · Public secondary0.6 km
Dundas Junior Public School · Public elementary0.7 km · 59% at standard
Leslieville Junior Public School · Public elementary0.8 km · 62% at standard
Riverdale Collegiate Institute · Public secondary0.8 km · 86% at standard
Bruce Public School · Public elementary0.8 km · 68% at standard
Blake Street Junior Public School · Public elementary0.8 km · 75% at standard
East Alternative School of Toronto · Public elementary0.8 km
SEED Alternative School · Public secondary0.8 km
Queen Alexandra Middle School · Public elementary0.8 km · 71% at standard
Quest Alternative School Senior · Public elementary1.1 km
Withrow Avenue Junior Public School · Public elementary1.1 km · 85% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$2,848/mo
$129KIncome needed
4.8×Price ÷ income
$657Weekly cost
$17,946Land transfer tax, one-time (Ontario + Toronto)
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 $2,848Property tax $222Condo fee $555Total carry $3,626

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 21, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,764per month

Mortgage amount $499,920 · 4.49% over 25 years

$124,980Down payment (20.0%)
$499,920Loan before insurance
$0CMHC premium
$3,542Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,764
Property tax
$222
Condo / maintenance fees
$555
Heating
$0
Estimated monthly cost
$3,542

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

One-time closing costs

Ontario land transfer tax
$8,973
Toronto municipal land transfer tax
$8,973
Estimated closing costs
$17,946

Plus your down payment of $124,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,346/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

$329,323Total interest paid
$829,243Total of all payments
Principal $499,920 Interest $329,323
YearPrincipalInterestBalance
1$11,156$22,014$488,764
2$11,663$21,507$477,101
3$12,192$20,978$464,909
4$12,746$20,424$452,163
5$13,324$19,845$438,839
6$13,929$19,240$424,910
7$14,562$18,608$410,348
8$15,223$17,947$395,125
9$15,914$17,256$379,211
10$16,637$16,533$362,574
11$17,392$15,778$345,182
12$18,182$14,988$327,000
13$19,007$14,162$307,992
14$19,870$13,299$288,122
15$20,773$12,397$267,349
16$21,716$11,454$245,634
17$22,702$10,468$222,932
18$23,732$9,437$199,200
19$24,810$8,360$174,390
20$25,936$7,233$148,453
21$27,114$6,056$121,339
22$28,345$4,825$92,994
23$29,632$3,538$63,362
24$30,978$2,192$32,384
25$32,384$786$0

At the end of your 5-year term

Total paid over the term
$165,849
Principal paid down
$61,081
Interest paid
$104,768
Balance remaining
$438,839

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
From 392 whole-home leases in South Riverdale$2,623/mo
$31,476Gross annual rent
2.9%Cap rate after taxes and upkeep
$2,480 to $2,798Typical rent range
~20 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 392 whole-home leases in South Riverdale signed at a median of $2,635 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,623. 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.

5.0%
Gross yield
− Property tax $2,669− Condo fees $6,660− Insurance $600− Vacancy & upkeep $3,462Net operating income $18,084

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

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