1-4227B Dundas Street, Toronto, ON

Kingsway South, Toronto · MLS® W12979572

$2,095/mo
For Lease
Listed 101 days ago
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2Bedrooms
1Bathrooms
1Parking
700-1100Sq Ft

About this home

Welcome to this updated (2023), two-storey loft-style apartment located in the sought-after neighborhood of South Kingsway. Renovated in 2023, it features an open floor plan that allows plenty of natural light to flow through the space. The unit boasts a spacious kitchen with quartz countertops, a tiled kitchen floor, laminate flooring, two bedrooms, one 4-piece bathroom, and a media room area perfect for an office space. Additional highlights include one assigned parking spot and ample visitor parking. The central location puts you within easy reach and walking distance of shopping, dining, schools, entertainment, The Kingsway, Humber River, public transit at your doorstep, and more. Don't miss out on the opportunity to call this beautiful apartment home! **EXTRAS** Fridge, Stove, All Elf's, Pot Lights, All Window Coverings. One Designated Parking Space

Key facts

Property type
Other, Apartment
MLS®
W12979572
Bedrooms
2
Bathrooms
1
Size
700-1100
Lot
16.88 × 212.8 ft
Cross streets
Dundas Just East of Royal York and Prince Edward Dr. N
Parking
1 parking
Driveway
Mutual, Reserved/Assigned
Basement
None
Heating
Baseboard
A/C
None
Exterior
Brick
Foundation
Concrete Block
Roof
Flat
Sewer
Sewer
Days on market
101
Listing brokerage
VENTURE REAL ESTATE CORP.

Rooms

KitchenMain3.80 × 2.30 m

tile floor · quartz counter · renovated

Primary BedroomUpper5.30 × 2.30 m

laminate · window

Dining RoomMain5.10 × 4.70 m

combined w/living · laminate · window

Bedroom 2Upper3.30 × 2.30 m

laminate · window

Living RoomMain5.10 × 4.70 m

combined w/dining · laminate · window

Moe’s TakeTeam Asgarian · Broker
Below comparables
$3,219/moest. value

Listed at $2,095/mo, this rental is about 35% below comparable rentals, worth a close look. The number above is my independent estimate of value, not the asking price.

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

Based on 21 similar rentals nearby, adjusted for size, beds, and baths.Median of 21 comparable active listings, adjusted for size, beds, and baths.

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 $2,500/mo
  • Adjusts to $2,500/mo

That comparable adjusts to $2,500/mo; the $3,219/mo estimate above is the median of all 21 comparables, which is steadier than any single home.This uses comparable active listings, not leased-deal prices. Condition, finishes, and exact inclusions are my in-person call.

On schools, this address is zoned for Etobicoke Collegiate Institute, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.

On location, this is a more car-dependent spot, so buyers here typically drive. Transit is limited nearby. Worth weighing if transit access matters to you.

List price
$2,095/moBelow market$3,399/moAbove market

Total price vs nearby homes. Fair value about $3,219/mo, median of 21 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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Value driver
Comparable listingsCurrently listed nearby · asking prices
$3,074avg asking

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

All Inclusive Upper-111 Northcliffe Boulevard$2,500116-80 Harrison Garden Boulevard$3,095920-1005 King Street$3,1001105-125 Blue Jays Way$3,600

The 4 closest active listings nearby.

See all comparable homes
2,095This home2,5003,0953,1003,600This home vs active comparables
Live market pulseActive comparables in Kingsway South · median list $7K
7active listings nearby
101days on market

On the market now.

View comparable listings

Not enough sq ft data to place this home on the area price curve.

Neighbourhood & location

Kingsway South, 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

0/ 100

Car-DependentA 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.

Almost all errands require a car.

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.

Niagara
$3K
Waterfront Communities C1
$2K
Bay Street Corridor
$3K
Church-Yonge Corridor
$2K
North St. James Town
$3K

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 Etobicoke Collegiate Institute
82%
Etobicoke Collegiate InstitutePublic · Secondary · 1.3 km awayAbove the GTA average · 82% meet the provincial standard
Lambton-Kingsway Junior Middle SchoolEQAO results not published

Affordability & Mortgage

Affordability
$10/mo
$4KIncome needed
0.5×Price ÷ income
$2Weekly 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.

88%mortgage
Mortgage $10Property tax $1Total carry $11

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 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$9per month

Mortgage amount $1,676 · 4.14% over 25 years

$419Down payment (20.0%)
$1,676Loan before insurance
$0CMHC premium
$10Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$9
Property tax
$1
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$10

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

One-time closing costs

Ontario land transfer tax
$10
Toronto municipal land transfer tax
$10
Estimated closing costs
$21

Plus your down payment of $419. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$11/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

$1,007Total interest paid
$2,683Total of all payments
Principal $1,676 Interest $1,007
YearPrincipalInterestBalance
1$39$68$1,637
2$41$66$1,596
3$43$65$1,553
4$44$63$1,509
5$46$61$1,463
6$48$59$1,414
7$50$57$1,364
8$52$55$1,312
9$54$53$1,257
10$57$51$1,201
11$59$48$1,141
12$62$46$1,080
13$64$43$1,016
14$67$40$949
15$70$38$879
16$73$35$806
17$76$32$731
18$79$29$652
19$82$25$570
20$86$22$484
21$89$18$395
22$93$14$302
23$97$11$206
24$101$7$105
25$105$2$0

At the end of your 5-year term

Total paid over the term
$537
Principal paid down
$213
Interest paid
$323
Balance remaining
$1,463

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.

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

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