$1,298,000

For sale

1089 Dundas Street East, Toronto (South Riverdale) - Single Family for Sale

1089 Dundas Street East, Toronto (South Riverdale), Ontario, M4M1R9

3 beds2 baths1 parking1,750 ft²13 × 71 ft (905 sq ft) lot sizeListed 58 days ago

Overview

This 3-bedroom, 2-bathroom home in Toronto is for sale offering roughly 1,750 sq ft of space. Its $1,298,000 asking price sits right in line with the $1,298,000 median in Toronto.

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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! (id:66096)

Property Details

MLS®: E13757818
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 2
Half Baths: 1
Parking: 1
Interior Size: 1,750 ft²
Lot Size: 13 × 71 ft (905 sq ft)
Frontage: 13 ft
Storeys: 3
Basement: Finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Carport
Ownership: Freehold
Property Tax: $5,597.93/yr
Listed

Rooms

Main level

Office: 11.43 x 3.38 meters

Second level

Living room: 4.6 x 3.38 meters
Dining room: 3.31 x 3.38 meters
Kitchen: 2.96 x 3.38 meters

Third level

Primary Bedroom: 4.35 x 3.38 meters
Bedroom 2: 3.1 x 3.38 meters

Lower level

Recreational, Games room: 9.16 x 3.38 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Flooring: Hardwood
Foundation: Concrete
Exterior: Brick
Lot Features: Carpet Free

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Sewer, Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

58d

Toronto (South Riverdale) listings, avg age

48d

Price / ft²

$742

List price

$1.30M

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 3-bed single family in Toronto (South Riverdale) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by AIMHOME REALTY INC. · BENJAMIN LIN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M4M)

This home lists at $1,298,000, about 13.1× the local median household income of $99,000.

Carrying it typically needs a household income of about $253,545 (20% down, 25-yr amortization, stress-tested) — roughly 156% above the area median.

Median household income: $99,000
Population: 25,052
Median age: 38.8
Owner / renter: 56% / 44%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA M4M)

$1,298,000· $742/ft²

For sale

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Full Cost Breakdown

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Down Payment8.07% · $104,800

Min 8.07%50%

Mortgage payment$6,615/mo

↳ CMHC premium ($47,728 capitalized)

Property tax (est.)$466/mo

Total monthly$7,082

Cash Needed to Close

Down payment (8.07%)$104,800

Land transfer tax$44,870

Est. closing costs$6,394

Total cash needed$156,064

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