$1,699,000

For sale

6 Littlehayes Lane, Toronto (Kensington-Chinatown) - Single Family for Sale

6 Littlehayes Lane, Toronto (Kensington-Chinatown), Ontario, M5T1L8

4 beds3 baths0 parking2,250 ft²20 × 27 ft (541 sq ft) lot sizeListed 48 days ago

Overview

This 4-bedroom, 3-bathroom home in Toronto is for sale offering roughly 2,250 sq ft of space. It has been on the market 48 days, fresher than the Toronto average of 81 days.

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Description

Every King/Queen of Kensington Needs a Palace To Call Their Own. Introducing 6 Littlehayes Lane - An Iconic Architectural 5 Level, Loft-Like Laneway Gem In The Heart Of Vibrant Kensington Market. Generating Over $103,000 In Annual Rental Income, This Zoned Commercial/Residential, Live/Work Property Is Well-Suited For A Variety Of Uses: For Business, Family, Investors Or Live-In & Collect Rent. A Truly New York-Style Multi-Unit Space Offering. You Will Love The Mesmerizing Panoramic Views Of The City Skyline From The Rooftop, Complete With A 7-Person Hot Tub - The Perfect Spot For Entertaining. Did We Mention The Wood-Burning Fireplace On The 3rd Floor? Truly A One-Of-A-Kind Opportunity. Monthly Rental Parking May Be Available Nearby. (id:66096)

Property Details

MLS®: C13798786
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 3 above · 1 below
Bathrooms: 3
Parking: 0
Interior Size: 2,250 ft²
Lot Size: 20 × 27 ft (541 sq ft)
Frontage: 20 ft
Storeys: 3
Basement: Finished, N/A
Heating: Radiant heat, Natural gas
Cooling: Wall unit
Garage: No Garage
Fireplace: Yes
Ownership: Freehold
Property Tax: $7,020.9/yr
Listed

Rooms

Lower level

Kitchen: 5.1 x 4.3 meters
Dining room: 5.1 x 4.3 meters
Living room: 4.1 x 1.6 meters

Upper Level

Primary Bedroom: 5.4 x 4.7 meters
Bedroom: 3 x 1.6 meters

Main level

Bedroom: 6.9 x 4.4 meters

Second level

Living room: 5.6 x 4.6 meters
Office: 5.6 x 4.6 meters
Kitchen

Features

Foundation: Concrete
Exterior: Brick, Stucco
Lot Features: Carpet Free

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Electricity

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

48d

Toronto (Kensington-Chinatown) listings, avg age

81d

Price / ft²

$755

List price

$1.70M

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 4-bed single family in Toronto (Kensington-Chinatown) has been listed for 48 days, which is 33 days fresher than the city average of 81. Act while there is still low competition.

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Listed by ROYAL LEPAGE SIGNATURE REALTY · SARA CAMBER

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5T)

This home lists at $1,699,000, about 27.6× the local median household income of $61,600.

Carrying it typically needs a household income of about $331,874 (20% down, 25-yr amortization, stress-tested) — roughly 439% 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)

$1,699,000· $755/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $339,800

Min 20%50%

Mortgage payment$7,246/mo

Property tax (est.)$585/mo

Total monthly$7,831

Cash Needed to Close

Down payment (20%)$339,800

Land transfer tax$60,910

Est. closing costs$7,597

Total cash needed$408,307

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