316-5233 Dundas Street, Toronto, ON

Islington-City Centre West, Toronto · MLS® W13227840

$575,000
For Sale
Listed 52 days ago
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2Bedrooms
2Bathrooms
1Garage
900-999Sq Ft

About this home

Rarely available! Bright and oversized 1+ large enclosed den suite offering 944 sq. ft. of spacious living space. The den comfortably serves as a second bedroom, complemented by two full bathrooms and 9 ft ceilings throughout. The open-concept kitchen features a centre island and upgraded stainless steel appliances, flowing seamlessly into the main living area. The spacious primary bedroom includes a walk-in closet and a 4-piece ensuite. An extra-large laundry and storage room and a west-facing balcony complete the suite. One parking space included.Located in a superbly maintained, professionally managed community. Residents enjoy 24-hour concierge service, indoor pool, gym, sauna, hot tub, party and lounge rooms, library, billiards room, guest suites, virtual golf, and a community BBQ area with rear gazebo. Visitor parking is available both underground and at street level, with a city park and playground directly backing onto the building. Ideally positioned near Dundas, Bloor, and Kipling, steps to Kipling TTC subway and GO Station, with quick access to Hwy 427 and Gardiner, and close to everyday conveniences including cafes, restaurants, Farm Boy, parks, golf courses, and Sherway Gardens.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13227840
Bedrooms
2 (1 + 1)
Bathrooms
2
Size
900-999
Cross streets
Dundas/Kipling
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$875/mo
Exposure
West
Property tax
$2,692 / 2025
Days on market
52
Listing brokerage
RE/MAX HALLMARK BATORI GROUP INC.

Rooms

KitchenMain2.51 × 2.59 m

granite counters · ceramic floor · open concept

Primary BedroomMain4.50 × 3.05 m

walk-in closet(s) · 4 pc ensuite · large window

Living RoomMain7.16 × 3.12 m

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

BedroomMain3.05 × 2.51 m

french doors · broadloom · glass doors

Dining RoomMain7.16 × 3.12 m

laminate · combined w/living · open concept

Our TakeTeam Asgarian · Broker
Below comparables
$628Kest. value

Listed at $575,000, and my independent estimate is about 8% below comparable homes, worth a close look.

In Islington-City Centre West lately, sellers get about 95% of asking; homes sell in ~39 days.

List price
$575KGreat deal$650KOverpriced

Total price vs nearby homes. Fair value about $628K, median of 9 comparables.

How this estimate is builtthe short version

I take the 9 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single sale.

It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $678K, a close match.

What the listing highlights4 points to weigh

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

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Primary suite: a key comfort and resale feature. Lifestyle
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit

Its public catchment (Etobicoke Collegiate Institute) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

Based on 9 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby in Islington-City Centre West · asking prices
$579kavg asking

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

2012-101 Subway Crescent$560k604-215 Sherway Gardens Road$585k102-101 Subway Crescent$599k2604-9 Valhalla Inn Road$600k713-17 Michael Power Place$549k

The 5 closest of 8 active listings nearby.

See all comparable homes
575kThis home560k585k599k600k549kThis home vs active comparables
Live market pulseActive comparables in Islington-City Centre West · median list $600K
$606this home / sqft
37active listings nearby
52days on market
100sold nearby · 90 days
$503Kmedian sold price
95%of asking, on average

This home lists 15% below the area average of $711/sqft.

51 days longer than the Toronto average (1 days).

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.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Mimico
$572K
Niagara
$575K
Waterfront Communities C1
$574K
Annex
$862K
Bay Street Corridor
$556K

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
$2,621/mo
$127KIncome needed
4.5×Price ÷ income
$605Weekly 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.

70%mortgage
Mortgage $2,621Property tax $224Condo fee $875Total carry $3,720

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 24, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,455per month

Mortgage amount $460,000 · 4.14% over 25 years

$115,000Down payment (20.0%)
$460,000Loan before insurance
$0CMHC premium
$3,554Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,455
Property tax
$224
Condo / maintenance fees
$875
Heating
$0
Estimated monthly cost
$3,554

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

One-time closing costs

Ontario land transfer tax
$7,975
Toronto municipal land transfer tax
$7,975
Estimated closing costs
$15,950

Plus your down payment of $115,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,981/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

$276,419Total interest paid
$736,419Total of all payments
Principal $460,000 Interest $276,419
YearPrincipalInterestBalance
1$10,776$18,681$449,224
2$11,227$18,230$437,997
3$11,697$17,760$426,300
4$12,186$17,271$414,114
5$12,696$16,761$401,419
6$13,227$16,230$388,192
7$13,780$15,677$374,413
8$14,356$15,101$360,056
9$14,957$14,500$345,100
10$15,582$13,874$329,517
11$16,234$13,223$313,283
12$16,913$12,544$296,370
13$17,621$11,836$278,749
14$18,358$11,099$260,392
15$19,126$10,331$241,266
16$19,926$9,531$221,341
17$20,759$8,698$200,582
18$21,627$7,829$178,954
19$22,532$6,925$156,423
20$23,474$5,982$132,948
21$24,456$5,000$108,492
22$25,479$3,977$83,013
23$26,545$2,912$56,468
24$27,655$1,801$28,812
25$28,812$645$0

At the end of your 5-year term

Total paid over the term
$147,284
Principal paid down
$58,581
Interest paid
$88,703
Balance remaining
$401,419

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$3,050/mo
$36,600Gross annual rent
3.3%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.

6.4%
Gross yield
− Property tax $2,692− Condo fees $10,499− Insurance $600− Vacancy & upkeep $4,026Net operating income $18,783

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX HALLMARK BATORI GROUP INC.. MLS®/PropTx.

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