MLS® listing
159 Dundas Street E 505: condo apartment for sale
$529,000
From the listing brokerage
Big City Energy. Room to Breathe.Who says downtown living has to mean compromising on space? Welcome to Suite 505 at PACE Condos, where approximately 679 square feet are put to very good use. This bright, south-facing 1+1 bedroom suite offers an open-concept living and dining area, floor-to-ceiling windows, modern finishes and a private balcony for your morning coffee or evening wind-down. The real plot twist? A genuinely useful den with a closet that can moonlight as a home office, guest room or whatever life calls for next. Add two full bathrooms (because sharing is overrated), ensuite laundry and a layout that actually makes sense, and you've got yourself a pretty clever little city pad. Beyond your front door, enjoy an outdoor pool, gym, rooftop terrace and 24-hour concierge. With Toronto Metropolitan University, the Eaton Centre, transit, restaurants and the Financial District all within easy reach, the city is yours to explore. More function, less compromise and a whole lot of downtown charm. Occupied by the tenant until November 1.
Facts on the listing
| Square feet | 600-699 |
|---|---|
| Approximate age | 6-10 |
| Style | 1 Storey/Apt |
| Basement | None |
| Parking spaces | 0 |
| Garage | Underground |
| Heating | Heat Pump |
| Cooling | Central Air |
| Kitchens | 1 |
| Maintenance fee | $605 |
| Property tax | $3,438 |
| Tax year | 2026 |
| Locker | None |
| Pets | Yes-with Restrictions |
| Exposure | South |
| Fee includes | Common Elements Included, CAC Included, Building Insurance Included, Water Included |
| Balcony | Open |
| Laundry | Ensuite |
| Interior features | None |
| Floor | 5 |
Listing courtesy of ROYAL LEPAGE SIGNATURE REALTY. MLS® C14102226.
About this condo apartment
159 Dundas Street E 505 is a 2 bedroom condo apartment in TRREB's Church-Yonge Corridor community in Toronto, listed for sale at $529,000. The listing shows 2 bathrooms and 600-699 square feet. The style is given as 1 storey/apt. The unit faces south. It comes with an underground garage according to the listing. The nearest main intersection given is Dundas and Jarvis. The age is listed as 6-10 years.
These details come from the listing brokerage through TRREB's MLS® System. Room sizes, parking and locker ownership and what the fee covers should all be checked against the status certificate before an offer is firm.
What it costs to buy 159 Dundas Street E 505
At the asking price of $529,000, a buyer pays two land transfer taxes on closing: the Ontario tax and the City of Toronto's municipal tax. Both apply to every home inside the City.
| Asking price | $529,000 |
|---|---|
| Ontario land transfer tax | $7,055 |
| Toronto municipal land transfer tax | $7,055 |
| Both taxes | $14,110 |
| First-time buyer relief, if you qualify | up to $8,475 |
| Minimum down payment | $27,900 |
The down payment figure is the federal minimum: 5 percent of the first $500,000 and 10 percent of the rest. A lender can ask for more. These figures use the asking price, so they change if you pay more or less. Legal fees, title insurance and adjustments are extra: ask your lawyer for a written quote. This is general information, not legal or tax advice. Confirm the figures with a lawyer or accountant. You can change the price in our land transfer tax calculator and our mortgage calculator.
What it costs to own each month
| Maintenance fee | $605 a month |
|---|---|
| Property tax (2026) | $3,438 a year, about $286 a month |
| Fee and tax together | about $891 a month |
The listing says the maintenance fee includes common elements, cac, building insurance and water. That is before a mortgage payment, home insurance and any utilities the fee does not cover. Fees are set each year in the corporation's budget and can change. The status certificate shows the current fee, the budget behind it and the reserve fund.
How the asking price compares
TRREB recorded 885 condo apartment sales in the City of Toronto in August 2026, at a median price of $550,000 and an average of $651,648. This home is listed at $529,000, which is $21,000 below that median.
The median covers every neighbourhood, size and condition in the City of Toronto, so it is a reference point and not a valuation of this home. Location, size, lot, parking and condition all move the price. Our Toronto house prices page has the figures for every home type.
What to check before you make an offer
- Order the status certificate. A condo corporation must provide it within 10 days of a request and can charge up to $100. It shows the fee for this unit, any arrears, the budget, the reserve fund balance and any special assessment or lawsuit the corporation knows about.
- Have a lawyer read it. The certificate comes with the declaration, by-laws and rules. Ask what they say about pets, renting the unit and renovations. The listing gives pets as "Yes-with Restrictions".
- Confirm the parking and locker. Ask whether a space or a locker comes with the unit and whether one can be rented in the building.
- Check the reserve fund study. Ask when the last study was done and what it says about contributions.
- Get your financing in writing. A lender looks at the maintenance fee and the property tax as well as the price.
- See it in person. Photos do not show noise, light at different hours or the state of the hallways and elevators.
Our first-time home buyer guide and our page for buyers walk through each step. This is general information, not legal advice. Confirm the details with a lawyer.
Toronto neighbourhoods and prices
Our neighbourhood guides set out TRREB prices by home type, transit and the housing in each area we cover.
Toronto neighbourhood guides · Toronto house prices · All Toronto homes for sale
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Questions about 159 Dundas Street E 505
How much is land transfer tax on 159 Dundas Street E 505?
At the asking price of $529,000 the Ontario tax is $7,055 and the Toronto tax is $7,055, $14,110 in total. A first-time buyer who qualifies can get up to $8,475 back. Confirm the final figures with your lawyer.
What is the minimum down payment for 159 Dundas Street E 505?
$27,900 at the asking price of $529,000, under the federal minimum down payment rules. A lender may require more.
What is the maintenance fee at 159 Dundas Street E 505?
The listing shows $605 a month, including common elements, cac, building insurance and water. Check the current fee in the status certificate.
How much is the property tax on 159 Dundas Street E 505?
The listing shows $3,438 a year for 2026, about $286 a month.
Is 159 Dundas Street E 505 priced above or below the median?
It is listed at $529,000. The August 2026 median for condo apartment sales in the City of Toronto was $550,000 across 885 sales, so the asking price is $21,000 lower. The median covers all sizes and neighbourhoods.
How do I book a showing for 159 Dundas Street E 505?
Use the form on this page or call us. Quote MLS® C14102226. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 159 Dundas Street E 505 still for sale?
This page is refreshed from TRREB's MLS® System through the day. If the listing sells or is withdrawn the page says so. Contact us to confirm before you make plans.
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