149-1159 Dundas Street, Toronto, ON
South Riverdale, Toronto · MLS® E13854688
About this home
In short
- Step into a true hard loft at the iconic Izone building, where soaring ceilings and exposed, reclaimed textures whisper the history of the space while offering a...
- This isn't just a home - it's 1,754 square feet of raw potential, waiting for your vision.
- With 2 bedrooms and 2 full bathrooms, there's room to live, work, and entertain in style.
- Under 10 minute walk to the new ONTARIO LINE- Leslieville station.
Step into a true hard loft at the iconic Izone building, where soaring ceilings and exposed, reclaimed textures whisper the history of the space while offering a canvas for modern living. This isn't just a home - it's 1,754 square feet of raw potential, waiting for your vision. Sunlight pours through oversized west-facing windows, washing the open living areas in warm afternoon light. A dramatic glass garage door acts as the loft's signature feature, dividing the live and work zones without sacrificing an ounce of brightness - the perfect solution for entrepreneurs, creatives, or anyone craving flexible space. Direct street front access opens the door to endless business possibilities, while coveted underground parking with in-unit access adds rare convenience you won't find just anywhere. With 2 bedrooms and 2 full bathrooms, there's room to live, work, and entertain in style. Every detail has been considered, right down to the included appliances - fridge, stove, dishwasher, microwave, washer and dryer - plus a beverage fridge tucked into the bar, and a large built-in projector screen for movie nights or presentations. Just steps from everything that makes Leslieville one of Toronto's most beloved neighbourhoods- this is loft living with character, flexibility, and undeniable charm. Under 10 minute walk to the new ONTARIO LINE- Leslieville station. Also listed for sale- commercial MLS.
Key facts
- Property type
- Condo Apartment, Loft
- MLS®
- E13854688
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 1600-1799 sq ft
- Cross streets
- Carlaw and Dundas Ave E
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Radiant
- A/C
- Central Air
- Exterior
- Brick, Concrete
- Maintenance
- $784/mo
- Exposure
- West
- Property tax
- $5,110 / 2026
- Days on market
- 17
- Listing brokerage
- CHESTNUT PARK REAL ESTATE LIMITED
Listed at $1,295,000. 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 $1.26M, if it sells. A realistic range is $1.19M to $1.36M.
Independent value check: $1.13M. Without looking at the asking price, our model values the home itself about 13% below the ask (homes like it typically land between $1.05M and $1.19M).
Why $1.13M. The typical condo sold in South Riverdale over the past year went for about $670K (116 sales). What sets this one apart:
- ▲ Raises it stronglyIt is 1,600 to 1,799 sq ft; the typical home sold here is 700 to 799.
- ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $5,110 a year; the typical home sold here pays about $3,200.
- ▲ Raises it strongly2 bedrooms and 2 baths, against 1+1 and 1 typically.
Total price vs nearby homes. Likely closing about $1.26M, from 30 recent closings in this pocket.
The market behind the math:
About 1.6 months of inventory: 16 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.
Price per square foot: this home lists at $762/sqft against an area asking average of $940/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 $1.15M. Condition and finishes remain an in-person call.
What the listing highlights1 point 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
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 ($762/sqft) is below 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 11 homes sold in this building over the past two years, from 228 closings in South Riverdale.
Nothing closely matching this home is listed nearby right now, so these are the nearest condo apartment listings on the market. Homes like this one have recently closed around $1.13M, which is where my estimate comes from.
Per square foot, these ask about $901/sqft; this home lists at $762/sqft. Size is part of the price story, not just the sticker.
The 3 closest active listings nearby.
See all comparable homesSold 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.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $662K | 10 |
| November 2025 | $670K | 11 |
| February 2026 | $603K | 10 |
| March 2026 | $765K | 11 |
| April 2026 | $670K | 9 |
| May 2026 | $568K | 12 |
| June 2026 | $640K | 11 |
| July 2026 | $608K | 12 |
| August 2026 | $703K | 8 |
| September 2026 | $795K | 14 |
Neighbourhood & location
South Riverdale, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
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 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.
Mortgage amount $1,036,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,728
- Property tax
- $426
- Condo / maintenance fees
- $784
- Heating
- $0
- Estimated monthly cost
- $6,938
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $22,375
- Toronto municipal land transfer tax
- $22,375
- Estimated closing costs
- $44,750
Plus your down payment of $259,000. 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
- $343,693
- Principal paid down
- $126,580
- Interest paid
- $217,113
- Balance remaining
- $909,420
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 6 whole-home leases in South Riverdale signed at a median of $5,554 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $5,279. 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 CHESTNUT PARK REAL ESTATE LIMITED. MLS®/PropTx.