609-5229 Dundas Street, Toronto, ON

Islington-City Centre West, Toronto · MLS® W12703958

$499,999
For Sale
Listed 182 days ago
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1Bedrooms
1Bathrooms
1Garage
600-699Sq Ft

About this home

Convenience and comfort. Spacious one bedroom + den with parking. Close to Kipling Subway and GO stations. Walking distance to shops and restraurants. Easy access to downtown TO and Pearson. Amenities include: 24 H concierge, visitor parking, guest suites, indoor pool, sauna, hot tub, exercise room, weight room, golf simulator, party room, boardroom, library and BBQ area.

Key facts

Property type
Condo Apartment, 1 Storey/Apt
MLS®
W12703958
Bedrooms
1
Bathrooms
1
Size
600-699
Cross streets
Dundas St W and Kipling
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Concrete
Maintenance
$681/mo
Exposure
South
Property tax
$2,039 / 2025
Days on market
182
Listing brokerage
SUTTON GROUP-ASSOCIATES REALTY INC.

Rooms

Primary BedroomMain4.38 × 3.07 m

laminate · closet · window

KitchenMain3.38 × 2.22 m

breakfast bar · laminate

DenMain2.13 × 1.40 m

laminate · open concept

Living RoomMain5.94 × 3.07 m

laminate · combined w/dining · w/o to balcony

Dining RoomMain5.94 × 3.07 m

laminate · combined w/living · open concept

Moe’s TakeTeam Asgarian · Broker
In the wider range
$463Kest. value

Listed at $499,999, 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 84 similar homes nearby, adjusted for size, beds, and baths.Median of 84 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $452K, 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 $450K
  • Bedrooms −$30K
  • Adjusts to $420K

That comparable adjusts to $420K; the $463K estimate above is the median of all 84 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 (Etobicoke Collegiate Institute) 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. West Service Rd at St Albans Rd is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$420KGreat deal$521KOverpriced

Total price vs nearby homes. Fair value about $463K, median of 84 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.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Weigh carefully
  • Value driver
Comparable listingsCurrently listed nearby in Islington-City Centre West · asking prices
$501kavg asking

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

2606-15 Viking Lane$499k2005-215 Sherway Gardens Road$500k801-15 Viking Lane$548k311-215 Sherway Gardens Road$480k902-9 Michael Power Place$480k

The 5 closest of 8 active listings nearby.

See all comparable homes
500kThis home499k500k548k480k480kThis home vs active comparables
Live market pulseActive comparables in Islington-City Centre West · median list $499K
$770this home / sqft
85active listings nearby
182days on market

This home lists 6% below the area average of $815/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

Islington-City Centre West, 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

83/ 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: West Service Rd at St Albans Rd, about 135 m away

20+ transit stops6 grocery20+ dining15 parks14 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.

Mimico
$800K
Waterfront Communities C1
$688K
Annex
$1.39M
Church-Yonge Corridor
$574K
Waterfront Communities C8
$998K

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 Bloorlea Middle School
70%
Bloorlea Middle SchoolPublic · Elementary · 1.5 km awayAround the GTA average · 70% meet the provincial standard

Affordability & Mortgage

Affordability
$2,279/mo
$108KIncome needed
4.6×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.

73%mortgage
Mortgage $2,279Property tax $170Condo fee $681Total carry $3,129

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)
$2,135per month

Mortgage amount $399,999 · 4.14% over 25 years

$100,000Down payment (20.0%)
$399,999Loan before insurance
$0CMHC premium
$2,985Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,135
Property tax
$170
Condo / maintenance fees
$681
Heating
$0
Estimated monthly cost
$2,985

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

One-time closing costs

Ontario land transfer tax
$6,475
Toronto municipal land transfer tax
$6,475
Estimated closing costs
$12,950

Plus your down payment of $100,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,593/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

$240,364Total interest paid
$640,363Total of all payments
Principal $399,999 Interest $240,364
YearPrincipalInterestBalance
1$9,371$16,244$390,629
2$9,763$15,852$380,866
3$10,171$15,444$370,695
4$10,596$15,018$360,099
5$11,040$14,575$349,059
6$11,501$14,113$337,558
7$11,982$13,632$325,575
8$12,484$13,131$313,092
9$13,006$12,609$300,086
10$13,550$12,065$286,536
11$14,117$11,498$272,420
12$14,707$10,907$257,713
13$15,322$10,292$242,390
14$15,963$9,651$226,427
15$16,631$8,984$209,796
16$17,327$8,288$192,470
17$18,051$7,563$174,419
18$18,806$6,808$155,612
19$19,593$6,022$136,019
20$20,412$5,202$115,607
21$21,266$4,348$94,341
22$22,156$3,459$72,185
23$23,083$2,532$49,102
24$24,048$1,566$25,054
25$25,054$561$0

At the end of your 5-year term

Total paid over the term
$128,073
Principal paid down
$50,940
Interest paid
$77,133
Balance remaining
$349,059

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$2,050/mo
$24,600Gross annual rent
2.2%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.

4.9%
Gross yield
− Property tax $2,039− Condo fees $8,169− Insurance $600− Vacancy & upkeep $2,706Net operating income $11,086

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

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