1612-5191 Dundas Street, Toronto, ON

Islington-City Centre West, Toronto · MLS® W13579632

$2,440/mo
For Lease
Listed 5 days ago
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1Bedrooms
1Bathrooms
0Parking
500-599Sq Ft

About this home

Village Gate West, Offering 2 Month's Free Rent + $500 Signing Bonus W/Move in By Aug.1.Fully Renovated 1 Bdrm Suite With Stainless Steel Appliances, Quartz Countertops, Laminate Flooring, Front End Washer & Dryer.Amenities Include 24 Hr. Fully Equipped Gym, Theatre, Games Rms, Terraced BBQ Area, Pet Spa, Dog Park/Run. Enclosed Playground Area, Visitor Parking, Zip Car Availability. Close To Subway, Shops & Cafe's At Bloor W. & Minutes To Downtown. Min. 1 Year Lease.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13579632
Bedrooms
1
Bathrooms
1
Size
500-599
Cross streets
Bloor/Dundas
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Exposure
East
Days on market
5
Listing brokerage
RE/MAX HALLMARK REALTY LTD.

Rooms

BedroomFlat3.40 × 3.00 m

vinyl floor · window · large closet

Dining RoomFlat0.00 × 0.00 m

vinyl floor · combined w/living · open concept

Living RoomFlat4.50 × 3.50 m

vinyl floor · combined w/dining · window

KitchenFlat3.60 × 2.60 m

stainless steel appl · b/i dishwasher · b/i microwave

Moe’s TakeTeam Asgarian · Broker
Above comparables
$2,050/moest. value

Listed at $2,440/mo, this rental is about 19% above what comparable rentals suggest. The number above is my independent estimate of value, not the asking price.

In Islington-City Centre West lately, landlords have been getting about 99% of asking and homes lease in about 23 days.

Based on 61 similar rentals that recently leased nearby, adjusted for size, beds, and baths.Median of 61 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 $2,200/mo
  • Bedrooms −$150/mo
  • Adjusts to $2,050/mo

That comparable adjusts to $2,050/mo; the $2,050/mo estimate above is the median of all 61 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.

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

List price
$1,965/moBelow market$2,440/moAbove market

Total price vs nearby homes. Fair value about $2,050/mo, median of 61 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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • 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
$2,310avg asking

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

526-1185 The Queensway$2,3502601-60 Central Park Roadway$2,3001908-5 Valhalla Inn Road$2,300805-17 Zorra Street$2,300610-9 Michael Power Place$2,300

The 5 closest of 8 active listings nearby.

See all comparable homes
2,440This home2,3502,3002,3002,3002,300This home vs active comparables
Live market pulseActive comparables in Islington-City Centre West · median list $2K
59active listings nearby
5days 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

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.

Humber Heights
$2K
Niagara
$3K
Annex
$2K
Waterfront Communities C1
$3K
Bay Street 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 Islington Junior Middle School
66%
Islington Junior Middle SchoolPublic · Elementary · 0.6 km awayBelow the GTA average · 66% meet the provincial standard

Affordability & Mortgage

Affordability
$11/mo
$4KIncome needed
0.6×Price ÷ income
$3Weekly 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 $11Property tax $2Total carry $13

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)
$10per month

Mortgage amount $1,952 · 4.14% over 25 years

$488Down payment (20.0%)
$1,952Loan before insurance
$0CMHC premium
$12Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$10
Property tax
$2
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$12

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

One-time closing costs

Ontario land transfer tax
$12
Toronto municipal land transfer tax
$12
Estimated closing costs
$24

Plus your down payment of $488. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$13/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

$1,173Total interest paid
$3,125Total of all payments
Principal $1,952 Interest $1,173
YearPrincipalInterestBalance
1$46$79$1,906
2$48$77$1,859
3$50$75$1,809
4$52$73$1,757
5$54$71$1,703
6$56$69$1,647
7$58$67$1,589
8$61$64$1,528
9$63$62$1,464
10$66$59$1,398
11$69$56$1,329
12$72$53$1,258
13$75$50$1,183
14$78$47$1,105
15$81$44$1,024
16$85$40$939
17$88$37$851
18$92$33$759
19$96$29$664
20$100$25$564
21$104$21$460
22$108$17$352
23$113$12$240
24$117$8$122
25$122$3$0

At the end of your 5-year term

Total paid over the term
$625
Principal paid down
$249
Interest paid
$376
Balance remaining
$1,703

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 RE/MAX HALLMARK REALTY LTD.. MLS®/PropTx.

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