906-5251 Dundas Street, Toronto, ON

Islington-City Centre West, Toronto · MLS® W13574324

$498,800
For Sale
Listed 1 day ago
Request a showing
◎ Directions
2Bedrooms
2Bathrooms
0Parking
500-599Sq Ft

About this home

Assignment Sale at Kipling Station Condos! Excellent opportunity to own a brand-new pre-construction condo in the heart of Etobicoke. This functional 1 Bedroom + Den, 2 Bathroom suite offers a practical layout, modern finishes, and comfortable living space ideal for end users or investors. Located at 5251 Dundas St W, just steps to Kipling Station, TTC, GO Transit, MiWay, shops, restaurants, and everyday conveniences. Easy access to major routes makes commuting throughout the GTA simple and convenient. Suite 906 is located on Level 8. No parking and no locker included. A great opportunity to secure a unit in a highly connected transit-oriented community before final closing. Seller bought at $710k in 2023-now is your golden opportunity to step in and grab an absolute good deal

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13574324
Bedrooms
2 (1 + 1)
Bathrooms
2
Size
500-599
Cross streets
KIPLING & BLOOR
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Exposure
East
Days on market
1
Listing brokerage
SMART SOLD REALTY
Moe’s TakeTeam Asgarian · Broker
Above comparables
$427Kest. value

Listed at $498,800, this home is about 17% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

Based on 16 similar homes nearby, adjusted for size, beds, and baths.Median of 16 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 $450K
  • Bathrooms +$15K
  • Adjusts to $465K

That comparable adjusts to $465K; the $427K estimate above is the median of all 16 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
$409KGreat deal$499KOverpriced

Total price vs nearby homes. Fair value about $427K, median of 16 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.

  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Value driver
Comparable listingsCurrently listed nearby in Islington-City Centre West · asking prices
$477kavg asking

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

320-36 Zorra Street$500k1104-225 Sherway Gardens Road$500k1609-235 Sherway Gardens Road$450k606-1 Michael Power Place$495k3402-36 Zorra Street$440k

The 5 closest of 8 active listings nearby.

See all comparable homes
499kThis home500k500k450k495k440kThis home vs active comparables
Live market pulseActive comparables in Islington-City Centre West · median list $480K
$908this home / sqft
50active listings nearby
1days on market

This home lists 18% above the area average of $771/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

84/ 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 23 m away

20+ transit stops6 grocery20+ dining14 parks13 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 · 1.4 km awayAround the GTA average · 70% meet the provincial standard

Affordability & Mortgage

Affordability
$2,273/mo
$101KIncome needed
5.0×Price ÷ income
$525Weekly 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 $2,273Property tax $312Total carry $2,585

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)
$2,129per month

Mortgage amount $399,040 · 4.14% over 25 years

$99,760Down payment (20.0%)
$399,040Loan before insurance
$0CMHC premium
$2,441Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,129
Property tax
$312
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$2,441

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

One-time closing costs

Ontario land transfer tax
$6,451
Toronto municipal land transfer tax
$6,451
Estimated closing costs
$12,902

Plus your down payment of $99,760. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,586/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

$239,788Total interest paid
$638,828Total of all payments
Principal $399,040 Interest $239,788
YearPrincipalInterestBalance
1$9,348$16,205$389,692
2$9,739$15,814$379,953
3$10,147$15,407$369,806
4$10,571$14,982$359,235
5$11,013$14,540$348,222
6$11,474$14,079$336,748
7$11,954$13,599$324,795
8$12,454$13,099$312,341
9$12,975$12,578$299,366
10$13,517$12,036$285,849
11$14,083$11,470$271,766
12$14,672$10,881$257,095
13$15,285$10,268$241,809
14$15,925$9,628$225,884
15$16,591$8,962$209,293
16$17,285$8,268$192,008
17$18,008$7,545$174,000
18$18,761$6,792$155,239
19$19,546$6,007$135,693
20$20,364$5,190$115,330
21$21,215$4,338$94,114
22$22,103$3,450$72,012
23$23,027$2,526$48,984
24$23,990$1,563$24,994
25$24,994$559$0

At the end of your 5-year term

Total paid over the term
$127,766
Principal paid down
$50,818
Interest paid
$76,948
Balance remaining
$348,222

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$1,700/mo
$20,400Gross annual rent
2.8%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.

4.1%
Gross yield
− Property tax $3,492− Insurance $600− Vacancy & upkeep $2,244Net operating income $14,064

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SMART SOLD REALTY. MLS®/PropTx.

CallRequest a showing