1123-5233 Dundas Street, Toronto, ON

Islington-City Centre West, Toronto · MLS® W13566040

$549,888
For Sale
Listed 2 days ago
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2Bedrooms
1Bathrooms
1Garage
800-899Sq Ft

About this home

Welcome to this bright and stylish 1+1 bedroom condo offering the perfect blend of comfort, functionality, and an unbeatable location. Well appointed and large kitchen with island spills into the open concept dining and living space, making this space versatile for family time or entertaining. The sun-filled primary bedroom is a true retreat, featuring oversized windows that flood the space with natural light and a spacious walk-in closet. The very large den feels like a bedroom with pocket doors and is perfect for a home office, guest room, or additional living space to suit your lifestyle. Set in an exceptionally convenient, highly sought-after neighbourhood, this home puts everything at your doorstep. Enjoy a short walk to Kipling GO Station and TTC, making commuting throughout the GTA effortless. Farm Boy, Starbucks, Shoppers Drug Mart, restaurants, cafés, parks, and a wide variety of shops and everyday amenities are all just minutes away. Whether you're a first-time buyer, downsizer, or investor, this is an outstanding opportunity to enjoy vibrant urban living in one of Etobicoke's most connected and walkable communities.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13566040
Bedrooms
2 (1 + 1)
Bathrooms
1
Size
800-899
Cross streets
Dundas St W and Kipling Ave
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$755/mo
Exposure
East
Property tax
$2,360 / 2025
Days on market
2
Listing brokerage
RE/MAX PROFESSIONALS INC.

Rooms

Living RoomMain4.75 × 4.38 m

Combined w/Kitchen

KitchenMain3.68 × 4.21 m

Combined w/Living

DenMain2.49 × 3.12 m

Sliding Doors

Primary BedroomMain3.03 × 3.87 m

Walk-In Closet(s)

Moe’s TakeTeam Asgarian · Broker
Below comparables
$604Kest. value

Listed at $549,888, this home is about 9% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

Based on 29 similar homes nearby, adjusted for size, beds, and baths.Median of 29 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $522K, a bit lower.

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 $528K
  • Bathrooms −$15K
  • Adjusts to $513K

That comparable adjusts to $513K; the $604K estimate above is the median of all 29 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. Dundas St At Aukland Rd is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$550KGreat deal$624KOverpriced

Total price vs nearby homes. Fair value about $604K, median of 29 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.

  • Open-concept layout: modern, sought-after flow.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Lifestyle
  • Value driver
Comparable listingsCurrently listed nearby in Islington-City Centre West · asking prices
$523kavg asking

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

1412-205 Sherway Gardens Road$549k207-20 Thomas Riley Road$540k1209-5101 Dundas Street$495k605-1 Michael Power Place$519k2238-35 Viking Lane$510k

The 5 closest of 8 active listings nearby.

See all comparable homes
550kThis home549k540k495k519k510kThis home vs active comparables
Live market pulseActive comparables in Islington-City Centre West · median list $560K
$647this home / sqft
52active listings nearby
2days on market

This home lists 12% below the area average of $732/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: Dundas St At Aukland Rd, about 90 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
$672K
Annex
$1.57M
Church-Yonge Corridor
$590K
Waterfront Communities C8
$1.24M

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
$2,506/mo
$119KIncome needed
4.6×Price ÷ income
$578Weekly 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.

72%mortgage
Mortgage $2,506Property tax $197Condo fee $755Total carry $3,458

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)
$2,348per month

Mortgage amount $439,910 · 4.14% over 25 years

$109,978Down payment (20.0%)
$439,910Loan before insurance
$0CMHC premium
$3,299Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,348
Property tax
$197
Condo / maintenance fees
$755
Heating
$0
Estimated monthly cost
$3,299

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

One-time closing costs

Ontario land transfer tax
$7,473
Toronto municipal land transfer tax
$7,473
Estimated closing costs
$14,946

Plus your down payment of $109,978. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,851/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

$264,347Total interest paid
$704,258Total of all payments
Principal $439,910 Interest $264,347
YearPrincipalInterestBalance
1$10,306$17,865$429,605
2$10,737$17,434$418,868
3$11,186$16,985$407,682
4$11,654$16,517$396,029
5$12,141$16,029$383,888
6$12,649$15,521$371,239
7$13,178$14,992$358,061
8$13,729$14,441$344,332
9$14,304$13,867$330,028
10$14,902$13,269$315,126
11$15,525$12,645$299,601
12$16,175$11,996$283,427
13$16,851$11,319$266,576
14$17,556$10,614$249,020
15$18,290$9,880$230,729
16$19,055$9,115$211,674
17$19,852$8,318$191,822
18$20,683$7,488$171,139
19$21,548$6,622$149,591
20$22,449$5,721$127,142
21$23,388$4,782$103,754
22$24,367$3,804$79,387
23$25,386$2,785$54,001
24$26,448$1,723$27,554
25$27,554$616$0

At the end of your 5-year term

Total paid over the term
$140,852
Principal paid down
$56,023
Interest paid
$84,829
Balance remaining
$383,888

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$2,700/mo
$32,400Gross annual rent
3.1%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.

5.9%
Gross yield
− Property tax $2,360− Condo fees $9,060− Insurance $600− Vacancy & upkeep $3,564Net operating income $16,816

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

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