$1,598,000

For saleJust listed

3 Wales Avenue, Toronto (Kensington-Chinatown) - Single Family for Sale

3 Wales Avenue, Toronto (Kensington-Chinatown), Ontario, M5T1J2

6 beds3 baths0 parking2,250 ft²20 × 90 ft (1,773 sq ft) lot sizeListed 7 days ago

Overview

This 6-bedroom, 3-bathroom home in Toronto is for sale offering roughly 2,250 sq ft of space. It has been on the market 7 days, fresher than the Toronto average of 81 days.

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Description

Rarely Offered Renovated Home in a Prime Wales Avenue Location! Perfectly positioned directly across from the park, offering beautiful unobstructed green space views through expansive, sun-filled windows. Featuring soaring ceilings, an abundance of natural light, and spacious, thoughtfully designed living areas ideal for both everyday comfort and effortless entertaining. Chef's Kitchen walk-out to stunning private backyard terrace oasis, perfect for outdoor dining, relaxing, and hosting guests. Enjoy spectacular CN Tower and city skyline views from the upper floors. A rare opportunity to own a beautifully renovated home combining style, space, and an exceptional park-side setting in one of Toronto's vibrant urban neighbourhoods. Steps to all the actions! (id:66096)

Property Details

MLS®: C14126610
Property Type: Single Family
Bedrooms: 6
Beds (above / below): 5 above · 1 below
Bathrooms: 3
Half Baths: 1
Parking: 0
Interior Size: 2,250 ft²
Lot Size: 20 × 90 ft (1,773 sq ft)
Frontage: 20 ft
Storeys: 2
Basement: Partially finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Ownership: Freehold
Property Tax: $7,337.26/yr
Listed

Features

Appliances: All, Window Coverings
Foundation: Unknown
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

Toronto (Kensington-Chinatown) listings, avg age

81d

Price / ft²

$710

List price

$1.60M

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 7 days, which is 74 days fresher than the city average of 81. Act while there is still low competition.

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Listed by RIGHT AT HOME REALTY · PHILIP BEECHER

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5T)

This home lists at $1,598,000, about 25.9× the local median household income of $61,600.

Carrying it typically needs a household income of about $312,145 (20% down, 25-yr amortization, stress-tested) — roughly 407% 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)

$1,598,000· $710/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $319,600

Min 20%50%

Mortgage payment$6,815/mo

Property tax (est.)$611/mo

Total monthly$7,427

Cash Needed to Close

Down payment (20%)$319,600

Land transfer tax$56,870

Est. closing costs$7,294

Total cash needed$383,764

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