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Kensington-Chinatown, Toronto
$999,000
A truly unique opportunity in the heart of Kensington Market. Tucked away on charming Kensington Place, this distinctive 2 1/2 storey freehold row home offers 3 bedrooms, 2 bathrooms and an open-concept main floor with gas fireplace. The functional kitchen features stone countertops and subway tile backsplash, with a walkout to a private garden and deck. The third-floor bedroom also features a walkout to its own deck. City-approved permit and plans are available for a proposed one-storey rear addition with deck above, partial basement underpinning and front basement walkout, offering future expansion potential.Set within the Kensington Market Heritage Conservation District, the home forms part of a historic row dating from before 1889, adding to the character and charm of this unique downtown setting.Steps to Kensington Market, Chinatown, U of T, AGO, TTC, restaurants, cafés, parks, schools, library and community recreation facilities, with the future Ontario Line Chinatown Station at Queen & Spadina adding another rapid-transit connection to the neighbourhood. The area continues to benefit from significant public and private investment, including planned road and watermain renewal on surrounding Kensington Market streets, wider sidewalks, improved pedestrian infrastructure and a future pedestrianization pilot, with phased construction currently expected to begin in spring 2027. Nearby residential developments and planned public-space improvements further reflect continued investment in this vibrant downtown community. A special home with character, privacy and an exceptional walkable location.
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| Type | Att/Row/Townhouse |
| Style | 2 1/2 Storey |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $5,126 |
| Lot Size | 12 ft x 66 ft |
| mls© Number | C13818916 |
| Listed By | ENGEL & VOLKERS TORONTO CITY |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $5,113
- Property tax
- $427
- Heat allowance
- $150
- Housing costs
- $5,690 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$175,000
gross annual household income
- Payment at 4%
- $4,204 / mo
- Cash down
- $199,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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