127-5233 Dundas Street, Toronto, ON

Islington-City Centre West, Toronto · MLS® W13855686

$500,000
For Sale
Listed 14 days agoNo offer date stated
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1+1Bedrooms
1Bathrooms
1Garage
600-699Sq ft

About this home

In short

  • Welcome to Essex II by Tridel, where comfort, convenience, and urban accessibility come together.
  • This spacious and sun-filled 1+1 bedroom ground-floor suite offers approximately 650sq. ft. of thoughtfully designed living space, complemented by high ceilings and a...
  • Residents of this beautifully maintained and professionally managed community enjoy an impressive array of amenities, including: 24/7 concierge service, Indoor pool...
  • Enjoy South Etobicoke living at its finest with an unbeatable location just steps from the Kipling TTC Subway Station, GO Transit, and Mi-Way Transit Hub, offering...
  • Conveniently located near Highways 427 and QEW, Pearson Airport, Sherway Gardens, Six Points Plaza, parks, schools, restaurants, cafés, and everyday essentials.

Welcome to Essex II by Tridel, where comfort, convenience, and urban accessibility come together. This spacious and sun-filled 1+1 bedroom ground-floor suite offers approximately 650sq. ft. of thoughtfully designed living space, complemented by high ceilings and a bright, open-concept layout. The modern kitchen features stone countertops, stainless steel appliances, a breakfast bar, and ample cabinetry, flowing seamlessly into the generous living and dining areas-an inviting space designed for both everyday living and entertaining. The spacious bedroom offers excellent natural light and a double closet, while convenient ensuite laundry adds to the functionality of the home. Step outside to your oversized, south-facing terrace, complete with a BBQ gas line and electrical outlet-an ideal private outdoor retreat for relaxing or entertaining. One parking space and a locker complete the suite. Residents of this beautifully maintained and professionally managed community enjoy an impressive array of amenities, including: 24/7 concierge service, Indoor pool, Hot tub and sauna, Two fully equipped gyms, Virtual golf, Party room, Media room, Guest suites, Billiards lounge, BBQ area with gazebo and Visitor parking. Enjoy South Etobicoke living at its finest with an unbeatable location just steps from the Kipling TTC Subway Station, GO Transit, and Mi-Way Transit Hub, offering approximately 20-minute access to Downtown Toronto and exceptional commuter connectivity. Conveniently located near Highways 427 and QEW, Pearson Airport, Sherway Gardens, Six Points Plaza, parks, schools, restaurants, cafés, and everyday essentials. This is an excellent opportunity to own a well-appointed home in a highly connected, transit-oriented community. Experience comfort, convenience, and urban accessibility in one of Etobicoke's most desirable neighbourhoods

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13855686
Bedrooms
1+1 (2 total)
Bathrooms
1
Size
600-699 sq ft
Cross streets
Dundas St W & Kipling Ave
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$610/mo
Exposure
South
Property tax
$1,964 / 2026
Days on market
14
Listing brokerage
SOTHEBY'S INTERNATIONAL REALTY CANADA

Rooms

Living RoomMain5.59 × 3.05 m

open concept · w/o to terrace · laminate

KitchenMain3.40 × 3.05 m

stainless steel appl · stone counters · breakfast bar

LaundryMain

Closet

BathroomMain2.44 × 1.65 m

4 pc bath · custom counter · tile floor

Dining RoomMain5.59 × 3.05 m

combined w/living · laminate · combined w/kitchen

BedroomMain5.18 × 2.97 m

double closet · large window · laminate

FoyerMain2.01 × 2.06 m

tile floor · b/i closet · combined w/den

Our TakeTeam Asgarian · Broker
A small discount is typical
$487Klikely sale price

Listed at $500,000. Going by how homes in Islington-City Centre West have actually closed against their asking prices (about 98%, 93 local closings in 90 days), the likely sale price is near $487K, if it sells. A realistic range is $459K to $527K.

Independent value check: $421K. Without looking at the asking price, our model values the home itself about 16% below the ask (homes like it typically land between $392K and $442K).

Why $421K. The typical condo sold in Islington-City Centre West over the past year went for about $518K (415 sales). What sets this one apart:

  • ▼ Lowers it strongly1+1 bedrooms and 1 baths, against 2+1 and 2 typically.
  • ▼ Lowers it stronglyIts tax bill, which follows the city's own assessment, is $1,964 a year; the typical home sold here pays about $2,400.
  • ▼ Lowers it slightlyIt is 600 to 699 sq ft; the typical home sold here is 700 to 799.
List price
$459KBelow recent closings$527KAbove recent closings

Total price vs nearby homes. Likely closing about $487K, from 93 recent closings in this pocket.

The market behind the math:

93sold nearby · 90 days
$495Kmedian sold price
97%of asking, on average
−8%prices vs a year ago
~24 dayshomes like this take to sell
14days on market so far
$2,463/moest. rent · 22 leases
5.9%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.4 months of inventory: 74 condo apartment homes for sale in the area against 93 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $770/sqft against an area asking average of $745/sqft.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.

It never sees the asking price. The 93 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $422K. Condition and finishes remain an in-person call.

What the listing highlights3 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
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Open-concept layout: modern, sought-after flow. Lifestyle
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.

Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($770/sqft) is in line with the area, so you are paying for extra space rather than a premium.

Based on 7 homes sold in this building over the past 15 months, from 500 closings in Islington-City Centre West.

What sellers nearby are askingCurrently listed nearby in Islington-City Centre West · asking prices
$502kavg asking

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

Per square foot, these ask about $774/sqft; this home lists at $770/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
500kThis home500k500k500k500k512kThis home vs active comparables

Sold price trend

Median sold price for condos in Islington-City Centre West: $500K in September 2026, down 3% from a year ago, on 400 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$540K40
November 2025$535K36
December 2025$480K25
January 2026$480K19
February 2026$540K34
March 2026$504K32
April 2026$501K40
May 2026$548K26
June 2026$522K50
July 2026$510K30
August 2026$505K31
September 2026$500K37

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
$543K
Niagara
$539K
Waterfront Communities C1
$714K
Bay Street Corridor
$986K
Englemount-Lawrence
$480K

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
Also nearby: 12 more schools within 2.5 km
Our Lady of Peace Catholic School · Catholic elementary0.9 km · 71% at standard
Wedgewood Junior School · Public elementary1.0 km · 79% at standard
Islington Junior Middle School · Public elementary1.2 km · 66% at standard
Etobicoke Secondary Alternative School · Public secondary1.3 km
St Elizabeth Catholic School · Catholic elementary1.7 km · 82% at standard
Norseman Junior Middle School · Public elementary1.7 km · 77% at standard
Our Lady of Sorrows Catholic School · Catholic elementary1.8 km · 90% at standard
Castlebar Junior School · Public elementary2.0 km · 82% at standard
Burnhamthorpe Collegiate Institute · Public secondary2.3 km
West Glen Junior School · Public elementary2.3 km · 57% at standard
Rosethorn Junior School · Public elementary2.4 km · 65% at standard
Eatonville Junior School · Public elementary2.4 km · 75% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$2,279/mo
$107KIncome needed
4.7×Price ÷ income
$526Weekly cost
$12,950Land transfer tax, one-time (Ontario + Toronto)
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.

75%mortgage
Mortgage $2,279Property tax $164Condo fee $610Total carry $3,053

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,212per month

Mortgage amount $400,000 · 4.49% over 25 years

$100,000Down payment (20.0%)
$400,000Loan before insurance
$0CMHC premium
$2,985Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,212
Property tax
$164
Condo / maintenance fees
$610
Heating
$0
Estimated monthly cost
$2,985

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

One-time closing costs

Ontario land transfer tax
$6,475
Toronto municipal land transfer tax
$6,475
Estimated closing costs
$12,950

Plus your down payment of $100,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,677/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

$263,501Total interest paid
$663,501Total of all payments
Principal $400,000 Interest $263,501
YearPrincipalInterestBalance
1$8,926$17,614$391,074
2$9,332$17,208$381,742
3$9,755$16,785$371,987
4$10,198$16,342$361,789
5$10,661$15,879$351,127
6$11,145$15,395$339,982
7$11,651$14,889$328,331
8$12,180$14,360$316,150
9$12,733$13,807$303,417
10$13,312$13,228$290,105
11$13,916$12,624$276,189
12$14,548$11,992$261,642
13$15,208$11,332$246,433
14$15,899$10,641$230,534
15$16,621$9,919$213,914
16$17,375$9,165$196,538
17$18,164$8,376$178,374
18$18,989$7,551$159,385
19$19,851$6,689$139,534
20$20,752$5,788$118,781
21$21,695$4,845$97,087
22$22,680$3,860$74,407
23$23,710$2,830$50,697
24$24,786$1,754$25,911
25$25,911$629$0

At the end of your 5-year term

Total paid over the term
$132,700
Principal paid down
$48,873
Interest paid
$83,828
Balance remaining
$351,127

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
From 22 whole-home leases in Islington-City Centre West$2,463/mo
$29,556Gross annual rent
3.3%Cap rate after taxes and upkeep
$2,288 to $2,586Typical rent range
~20 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 22 whole-home leases in Islington-City Centre West signed at a median of $2,770 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,463. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

5.9%
Gross yield
− Property tax $1,964− Condo fees $7,325− Insurance $600− Vacancy & upkeep $3,251Net operating income $16,416

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SOTHEBY'S INTERNATIONAL REALTY CANADA. MLS®/PropTx.

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