$1,499,000

For sale

112 Baldwin Street, Toronto (Kensington-Chinatown) - Single Family for Sale

112 Baldwin Street, Toronto (Kensington-Chinatown), Ontario, M5T1L6

6 beds4 baths2 parking2,750 ft²18 × 100 ft (1,810 sq ft) lot sizeListed 22 days ago

Overview

This 6-bedroom, 4-bathroom home in Toronto is for sale offering roughly 2,750 sq ft of space. Its $1,499,000 asking price sits right in line with the $1,499,000 median in Toronto. It has been on the market 22 days, fresher than the Toronto average of 81 days.

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Description

Location, character, and incredible potential! 112 Baldwin Street offers an extraordinary investment opportunity in Kensington Market. Built in 1880, and having been held by the same family for 4 generations, this classic Toronto Victorian showcases incredible curb appeal with its striking red brick façade and classic Toronto bay-and-gable style. Inside, large principal rooms are filled with impressive natural light streaming through large windows, showcasing soaring ceilings across all floors and timeless original architectural details-including beautifully detailed front door, stained glass, rich wood mouldings, ornate archways, pendants, fireplaces, and hardwood floors. The layout features 4 full kitchens and 4 full washrooms across 3 above-grade living floors, plus the finished basement with impressive height, a separate external entrance, and direct interior access. This setup offers endless possibilities for multi-unit rental income, multi-generational living, live-in income, or conversion into a show-stopping single-family residence in the heart of downtown Toronto. Additional highlights include sweeping CN Tower and skyline views from the top-floor balcony, 2 side by side laneway parking spaces, and laneway housing potential (see report). Steps to shops, dining, transit, and amenities in a 100% walkable location. Twin neighbouring property at 110 Baldwin St is also available - buy individually or together! (id:66096)

Property Details

MLS®: C13997780
Property Type: Single Family
Bedrooms: 6
Beds (above / below): 5 above · 1 below
Bathrooms: 4
Parking: 2
Interior Size: 2,750 ft²
Lot Size: 18 × 100 ft (1,810 sq ft)
Frontage: 18 ft
Storeys: 3
Basement: Apartment in basement, Separate entrance, N/A, N/A
Heating: Forced air, Natural gas
Cooling: None
Garage: No Garage
Fireplace: Yes
Ownership: Freehold
Property Tax: $9,361.2/yr

Rooms

Ground level

Living room: 3.12 x 7.09 meters
Dining room: 3.72 x 5.06 meters
Kitchen: 4.02 x 5.55 meters

Basement

Bedroom: 6.71 x 4.57 meters
Kitchen: 5.41 x 3.81 meters
Living room: 4.83 x 4.57 meters

Second level

Bedroom: 4.85 x 5.33 meters
Bedroom: 3.12 x 5.21 meters
Kitchen: 3.89 x 4.04 meters

Third level

Features

Appliances: Refrigerator, Oven
Flooring: Tile, Hardwood
Foundation: Stone
Exterior: Brick
Lot Features: Lane

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

22d

Toronto (Kensington-Chinatown) listings, avg age

81d

Price / ft²

$545

List price

$1.50M

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 6-bed single family in Toronto (Kensington-Chinatown) has been listed for 22 days, which is 59 days fresher than the city average of 81. Act while there is still low competition.

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Listed by ROYAL LEPAGE ESTATE REALTY · CAROLINE GOLDHAR

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5T)

This home lists at $1,499,000, about 24.3× the local median household income of $61,600.

Carrying it typically needs a household income of about $292,807 (20% down, 25-yr amortization, stress-tested) — roughly 375% above the area median.

Median household income: $61,600
Population: 17,903
Median age: 36
Owner / renter: 32% / 68%
Avg. household size: 1.9

Source: Statistics Canada, 2021 Census (FSA M5T)

$1,499,000· $545/ft²

For sale

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Full Cost Breakdown

Loading rates, 30-yr amortization

Current Rates

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Compare all rates

Down Payment8.33% · $124,900.00

Min 8.33%50%

Mortgage payment$7,618/mo

↳ CMHC premium ($54,964 capitalized)

Property tax (est.)$780/mo

Total monthly$8,398

Cash Needed to Close

Down payment (8.33%)$124,900

Land transfer tax$52,910

Est. closing costs$6,997

Total cash needed$184,807

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