The Prince Edward, 4196 Dundas St W: 74 Suites Near the Humber, All-In Fees

The Prince Edward is one of the smallest staffed buildings on this stretch of Dundas. It is a six-storey, 74-suite Dali Homes mid-rise from 2007, with a concierge, mostly compact suites and a fee that covers heat, cooling and parking. For a first condo near the Humber, it is worth a look, as long as you read the numbers carefully. I’m Jatin Dua, RE/MAX Quantum Realty.

Small enough to know your neighbours, big enough for a concierge

At 74 suites, The Prince Edward sits in a useful middle ground. It is small enough that the lobby and elevators never feel crowded, and large enough to support a concierge and a fee package that includes the main utilities. Many smaller buildings on Dundas give up one or the other.

Dali Homes built it in 2007, the same year The Essence registered around the corner on Earlington Avenue. Condos.ca groups the two buildings into different neighbourhoods, Edenbridge-Humber Valley here and Kingsway South for The Essence, but they share the same intersection, the same era and the same listed manager.

A small corporation has a quieter board and lower turnover, but it also means fewer owners to share big repair bills. That is why the reserve fund study matters more here than in a large tower.

Ask the manager how long the concierge is staffed each day. In a building this size, the hours are a budget decision, and they affect deliveries, security and how the lobby feels in the evening. It is also worth asking whether the board has reviewed the staffing contract recently, because it is one of the largest lines in a small building’s budget.

Compact plans, mostly one and two bedrooms

Suites run from about 525 sq ft to about 1,399 sq ft. The lower end of that range is one-bedroom and one-plus-den territory, with two-bedrooms and a few larger suites toward the top. The one active listing today is a one-bedroom in the 500 sq ft band.

That mix makes the building a natural first purchase, and it also makes it a common choice for parents buying a suite for a student or a young professional. With compact plans, layout matters more than size. Look at how much of the floor area is hallway, whether the den has a door or a window, and where the closet space is.

Listings mention indoor parking and lockers, often tied to specific suites. Parking is included in the fee, but not every suite will have a space. Confirm parking and locker ownership in the status certificate.

At the top of the range, the few suites near 1,400 sq ft are rare in a building of this size, and they tend to attract downsizers from the surrounding streets. If you are after one of those, be ready to wait for the right listing, and look at The Essence at the same time so you have a second option.

An intersection that has grown up

When this building went up, Dundas and Prince Edward was a low-rise corner. Since then, Dunpar has taken a long-stalled condo site at 571 Prince Edward Drive, on the southeast corner, and developed it as an eight-storey rental of 115 suites. The site went through several owners and names, including The Strand, Kingsway Terrace and The Epicurean, before Dunpar started building in 2017.

A block east, Dunpar’s Kingsway Village Square at 26 Earlington Avenue is planned as a 10-storey condominium of 141 suites with a separate three-storey townhouse block, designed by Turner Fleischer. UrbanToronto lists it as under construction; check where it stands now.

For owners here, that means more rental and condo supply competing for the same buyers and tenants, and more shops and services over time. It also means a busier corner. If a suite faces Dundas or Prince Edward, visit at rush hour and listen.

Between the Kingsway and the river

The practical appeal of this corner is what is around it. The Humber River valley and its trails are a short walk east, the shops of Dundas and the Kingsway are close, and the Gardiner is a quick drive south.

It is a residential, established part of Etobicoke, with houses on the side streets and only a handful of mid-rises on Dundas. The data panel covers transit, schools and walkability, which are the questions most buyers ask next.

If you are moving from downtown, expect a slower pace. Evenings here are quiet, most errands are a short drive or a walk along Dundas, and weekends revolve around the river, the parks and the Kingsway shops rather than nightlife.

Price per square foot and what the fee covers

Condos.ca puts the building average at about $685 per square foot, a little below The Essence on Earlington at about $725. The gap is roughly what I would expect: The Essence has larger suites and a rooftop deck, while The Prince Edward is smaller and simpler.

The fee includes heat, air conditioning, parking and water as well as common elements and insurance. For a compact one-bedroom, that inclusive fee can be one of the easier monthly budgets in the area, since your main extra is hydro. Compare it with newer buildings that bill heat, cooling and parking separately.

With 74 suites, sales come in small numbers, so a single unusual sale can push the average up or down. Before you offer, compare the last year of sales here with The Essence and with other Dundas mid-rises of the same age, adjusting for size, floor and parking.

Only one suite is listed for sale right now, so I will not quote its price or fee. My building sold report will show you what has actually closed here over the last year.

Building specifications

Amenities at The Prince Edward

This is a simple package: a staffed lobby, a party room and a meeting room. There is no pool or large gym listed, which keeps the fee focused on utilities and staff, and suits buyers who use the river trails rather than an amenity floor.

Jatin’s honest take on The Prince Edward

The Prince Edward — frequently asked questions

Looking at Humber Bay Shores, Mimico, the Queensway and central Etobicoke more broadly? Start with my Toronto community guide — the neighbourhoods, what each pocket is like, and how they compare.