Unit 5-3122 Dundas Street, Toronto, ON

Junction Area, Toronto · MLS® W13425478

$3,900/mo
For Lease
Listed 42 days ago
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2Bedrooms
2Bathrooms
0Parking
1100-1500Sq Ft

About this home

*** 1/2 month discount for tenancy starting July 1st*** This uniquely designed multiplex unit features an urban, contemporary, 1-bedroom, upper-level loft and 2 full baths situated at the heart of Toronto's Junction Area. This 1340 sq/ft apartment sits on the top floor boasting a blend of luxury and practicality with its stunning skylights and a Juliet balcony wrapped in industrial steel, ensuring ample natural light and airflow throughout the day. The modern kitchen has plenty of storage and a large island peninsula and pendant lighting above and comes complete with stainless steel appliances. The open living space is further enhanced by energy-efficient light fixtures, creating a bright and inviting atmosphere. There is In-suite laundry for your convenience. This property provides a bike rack zone and offers an exclusive rooftop space designated for your enjoyment. It is a wonderful spot to relish in the city's skyline. Minutes away from Bloor GO train, transit at your doorstep, grocery stores, schools, High Park, along with ample restaurants and shops to explore. This is urban living redefined.

Key facts

Property type
Other, 3-Storey
MLS®
W13425478
Bedrooms
2
Bathrooms
2
Size
1100-1500
Cross streets
Dundas St W & Clendenan Ave
Parking
0 parking
Basement
None
Heating
Heat Pump
A/C
Central Air
Exterior
Concrete Block, Metal/Steel Siding
Foundation
Not Applicable
Roof
Flat
Sewer
Sewer
Days on market
42
Listing brokerage
RIGHT AT HOME REALTY

Rooms

LoftUpper5.28 × 4.55 m
KitchenMain5.44 × 5.49 m
BathroomMain3.43 × 1.65 m

3 Pc Bath

BathroomUpper2.74 × 1.91 m

3 Pc Bath

BedroomMain5.38 × 3.43 m
Moe’s TakeTeam Asgarian · Broker
In line
$3,214/moest. value

Listed at $3,900/mo, this rental is within the range of comparable rentals, on the higher side. 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 23 days.

Based on 33 similar rentals that recently leased nearby, adjusted for size, beds, and baths.Median of 33 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 $3,600/mo
  • Bathrooms +$100/mo
  • Adjusts to $3,700/mo

That comparable adjusts to $3,700/mo; the $3,214/mo estimate above is the median of all 33 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
$2,914/moBelow market$3,914/moAbove market

Total price vs nearby homes. Fair value about $3,214/mo, median of 33 comparables.

Comparable listingsCurrently listed nearby in Junction Area · asking prices
$3,586avg asking

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

2-252 Annette Street$3,6501-252 Annette Street$3,6506-252 Annette Street$3,5905-252 Annette Street$3,5504-252 Annette Street$3,490

The 5 closest of 8 active listings nearby.

See all comparable homes
3,900This home3,6503,6503,5903,5503,490This home vs active comparables
Live market pulseActive comparables in Junction Area · median list $3K
10active listings nearby
42days on market
100leased nearby · 90 days
$2Kmedian 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
Islington-City Centre West
$2K
Bay Street Corridor
$3K
Waterfront Communities C1
$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 Annette Street Junior and Senior Public School
81%
Annette Street Junior and Senior Public SchoolPublic · Elementary · 0.5 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 $20

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 $3,120 · 4.14% over 25 years

$780Down payment (20.0%)
$3,120Loan before insurance
$0CMHC premium
$19Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$17
Property tax
$2
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$19

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
$39

Plus your down payment of $780. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$20/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

$1,875Total interest paid
$4,995Total of all payments
Principal $3,120 Interest $1,875
YearPrincipalInterestBalance
1$73$127$3,047
2$76$124$2,971
3$79$120$2,891
4$83$117$2,809
5$86$114$2,723
6$90$110$2,633
7$93$106$2,539
8$97$102$2,442
9$101$98$2,341
10$106$94$2,235
11$110$90$2,125
12$115$85$2,010
13$120$80$1,891
14$125$75$1,766
15$130$70$1,636
16$135$65$1,501
17$141$59$1,360
18$147$53$1,214
19$153$47$1,061
20$159$41$902
21$166$34$736
22$173$27$563
23$180$20$383
24$188$12$195
25$195$4$0

At the end of your 5-year term

Total paid over the term
$999
Principal paid down
$397
Interest paid
$602
Balance remaining
$2,723

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 RIGHT AT HOME REALTY. MLS®/PropTx.

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