Upper-2994 Dundas Street, Toronto, ON

Junction Area, Toronto · MLS® W13131160

$3,995/mo
For Lease
Listed 69 days ago
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3Bedrooms
2Bathrooms
2Parking
1200-1399Sq Ft

About this home

Discover urban sophistication at 2994 Dundas St. W. Upper a distinctive loft-inspired apartment in The Junction, seamlessly blending modern aesthetics with industrial charm. With over 1350 sq ft, 3 bedrooms, 2 bathrooms, and a 550 sq ft terrace, this residence offers a private oasis against the cityscape. Situated in the vibrant Junction neighborhood, known for its artistic community and trendy atmosphere, this apartment is a lifestyle statement, with proximity to local cafes, boutiques, and cultural hubs. Meticulous attention to detail and innovative design define 2994 Dundas St. W. Upper, inviting you to embrace an extraordinary living experience that's as unique as you are a blend of luxury and urban vibrancy in one. Welcome to a home that transcends the ordinary.

Key facts

Property type
Other, Loft
MLS®
W13131160
Bedrooms
3
Bathrooms
2 (1 half)
Size
1200-1399
Cross streets
Keele St & Dundas St W
Parking
2 parking
Basement
None
Heating
Radiant
A/C
Wall Unit(s)
Exterior
Brick
Exposure
South
Days on market
69
Listing brokerage
BOSLEY REAL ESTATE LTD.

Rooms

Primary BedroomMain3.05 × 5.61 m

South View

Living RoomMain4.57 × 4.62 m

Combined w/Dining

DenMain2.90 × 2.92 m

combined w/living · w/o to terrace

KitchenMain2.79 × 4.62 m

Combined w/Dining

Bedroom 2Main3.15 × 4.47 m

Closet

Bedroom 3Main2.57 × 2.87 m

Closet

Moe’s TakeTeam Asgarian · Broker
In line
$3,860/moest. value

Listed at $3,995/mo, this rental is right in line with comparable rentals. The number above is my independent estimate of value, not the asking price.

In Junction Area lately, landlords have been getting about 99% of asking and homes lease in about 22 days.

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

Based on 53 similar rentals that recently leased nearby, adjusted for size, beds, and baths.Median of 53 recently leased comparable homes — actual closing prices, not asks — 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, leased for $5,800/mo
  • Bathrooms −$100/mo
  • Adjusts to $5,700/mo

That comparable adjusts to $5,700/mo; the $3,860/mo estimate above is the median of all 53 comparables, which is steadier than any single home.This estimate is grounded in actual lease prices from the last 15 months, not asking prices. Condition, finishes, and exact inclusions are still my in-person call.

On schools, this address is zoned for Humberside 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.

List price
$3,239/moBelow market$4,239/moAbove market

Total price vs nearby homes. Fair value about $3,860/mo, median of 53 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.

  • Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
Comparable listingsCurrently listed nearby in Junction Area · asking prices
$3,800avg asking

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

610-530 Indian Grove$3,80067 Birdstone Crescent$3,400Upper Level-420 Annette Street$3,400Unit 5-3122 Dundas Street$3,900Upper Unit - 2nd/3rd-27 St Johns Road$4,500

The 5 closest of 6 active listings nearby.

See all comparable homes
3,995This home3,8003,4003,4003,9004,500This home vs active comparables
Live market pulseActive comparables in Junction Area · median list $3K
28active listings nearby
69days on market
100leased nearby · 90 days
$3Kmedian leased price
99%of asking, on average

On the market now.

View comparable listings

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

Neighbourhood & location

Junction Area, 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.

Humber Heights
$2K
Niagara
$4K
Bay Street Corridor
$3K
Waterfront Communities C1
$2K
Church-Yonge Corridor
$2K

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 Annette Street Junior and Senior Public School
81%
Annette Street Junior and Senior Public SchoolPublic · Elementary · 0.6 km awayAbove the GTA average · 81% meet the provincial standard
Lucy McCormick Senior SchoolEQAO results not published

Affordability & Mortgage

Affordability
$18/mo
$5KIncome needed
0.9×Price ÷ income
$4Weekly 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 $18Property tax $2Total carry $21

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 23, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$17per month

Mortgage amount $3,196 · 4.14% over 25 years

$799Down payment (20.0%)
$3,196Loan before insurance
$0CMHC premium
$20Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$17
Property tax
$3
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$20

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

One-time closing costs

Ontario land transfer tax
$20
Toronto municipal land transfer tax
$20
Estimated closing costs
$40

Plus your down payment of $799. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$21/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

$1,921Total interest paid
$5,117Total of all payments
Principal $3,196 Interest $1,921
YearPrincipalInterestBalance
1$75$130$3,121
2$78$127$3,043
3$81$123$2,962
4$85$120$2,877
5$88$116$2,789
6$92$113$2,697
7$96$109$2,601
8$100$105$2,502
9$104$101$2,398
10$108$96$2,289
11$113$92$2,177
12$118$87$2,059
13$122$82$1,937
14$128$77$1,809
15$133$72$1,676
16$138$66$1,538
17$144$60$1,394
18$150$54$1,243
19$157$48$1,087
20$163$42$924
21$170$35$754
22$177$28$577
23$184$20$392
24$192$13$200
25$200$4$0

At the end of your 5-year term

Total paid over the term
$1,023
Principal paid down
$407
Interest paid
$616
Balance remaining
$2,789

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 BOSLEY REAL ESTATE LTD.. MLS®/PropTx.

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