1089 Dundas Street, Toronto E01

Price: $1,298,000

3 bedrooms, 2 bathrooms

1,500 - 1,999 sqft

Property Type: Townhouse

MLS#: E13481916

Rarely offered investment opportunity at the acclaimed Riverdale Lofts! Discover ultimate versatility in this massive, light-filled freehold property offering over 2,100 sq. ft. of premium open-concept space. Boasting a perfect live/work layout or potential duplex setup, this property features two separate entrances, making it ideal for professionals, business owners, or savvy investors looking to live in one unit and rent the other.The architectural flair is unmatched, featuring dramatic floor-to-ceiling windows that flood the space with natural light, a grand solid oak staircase, and rich hardwood floors throughout. Enjoy soaring vertical space with 10-foot ceilings on the main floor and up to 12-foot ceilings on the second level. The highly functional main floor also comes equipped with full kitchen capacity to easily service a storefront, office, or secondary suite. Embrace the vibrant lifestyle with exceptional outdoor living, including a huge private terrace and your own private rooftop deck offering spectacular, unobstructed treetop and neighborhood views.Unbeatable location just steps to Queen Street East, the TTC, boutique shopping, and world-class dining. Truly a unique gem in one of the East End's most desirable pockets!

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$1,298,000 - 1089 Dundas Street, Leslieville

Townhouse for Sale in Leslieville

Popular Listing

Neighbourhood: South Riverdale

3Beds
2Baths
1,500 - 1,999Sq Ft
Townhouse
Property Details
MLS Number
E13481916
Property Type
Townhouse
Status
active
Days on Site
9
Bedrooms
3
Bathrooms
2
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Riverdale / Leslieville
Listing Brokerage
AIMHOME REALTY INC.
Description

Rarely offered investment opportunity at the acclaimed Riverdale Lofts! Discover ultimate versatility in this massive, light-filled freehold property offering over 2,100 sq. ft. of premium open-concept space. Boasting a perfect live/work layout or potential duplex setup, this property features two separate entrances, making it ideal for professionals, business owners, or savvy investors looking to live in one unit and rent the other.The architectural flair is unmatched, featuring dramatic floor-to-ceiling windows that flood the space with natural light, a grand solid oak staircase, and rich hardwood floors throughout. Enjoy soaring vertical space with 10-foot ceilings on the main floor and up to 12-foot ceilings on the second level. The highly functional main floor also comes equipped with full kitchen capacity to easily service a storefront, office, or secondary suite. Embrace the vibrant lifestyle with exceptional outdoor living, including a huge private terrace and your own private rooftop deck offering spectacular, unobstructed treetop and neighborhood views.Unbeatable location just steps to Queen Street East, the TTC, boutique shopping, and world-class dining. Truly a unique gem in one of the East End's most desirable pockets!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,741.49/mo

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5-yr fixed avg.

Principal: $1,038,400Interest: $684,048
Mortgage Amount$1,038,400
Total Interest$684,048
Est. Property Tax$919/mo
Total Cost$1,722,448

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: South Riverdale

Discover South Riverdale

South Riverdale is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in South Riverdale

  • Convenient location in Riverdale / Leslieville
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

South Riverdale offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

1089 Dundas Street, Riverdale / Leslieville

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,730/mo
Range: $2,321 - $3,139
Cap Rate (ROI)
1.4%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,730
Maintenance Fees-$0
Property Tax (est.)-$919
Insurance (est.)-$270
Net Cash Flow+$1,541

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $865/sqft, this property is priced in line with current Leslieville market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Townhouse Benefits

Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Leslieville have shown strong appreciation as families seek more space.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

About South Riverdale

I know South Riverdale well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

Investment Perspective

Looking at this as an investment: Leslieville properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $5,408 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    1089 Dundas Street | $1,298,000 | Battaglia Team