$1,099,000

For sale

82A Augusta Avenue, Toronto (Kensington-Chinatown) - Single Family for Sale

82A Augusta Avenue, Toronto (Kensington-Chinatown), Ontario, M5T2L1

5 beds2 baths1 parking1,750 ft²17 × 90 ft (1,530 sq ft) lot sizeListed 27 days ago

Overview

This 5-bedroom, 2-bathroom home in Toronto is for sale offering roughly 1,750 sq ft of space. Listed at $1,099,000, it is attractively priced about 27% below the $1,499,000 median asking price in Toronto. It has been on the market 27 days, fresher than the Toronto average of 81 days.

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Description

Just renovated and move-in ready! Live where Kensington Market's artistic spirit meets the energy of Chinatown at 82A Augusta Avenue. Beautiful luxury vinyl flooring throughout! This corner semi-detached duplex puts you steps from Spadina's best restaurants, Queen West boutiques, and the University of Toronto campus. Whether you're an investor or an end-user, the location delivers the best of Toronto right at your doorstep.The property has a proven history as two separate rental units, with a private rear entrance and a brand-new 2025 furnace for added peace of mind. Kitchens on both the main and second floors make it easy to keep as two self-contained units, or to combine them into a spacious four-bedroom family home. The bright second-floor living area can also double as a large fourth bedroom.Rare private laneway parking sits on a footprint that once held a garage, offering the potential to rebuild one. Your choice whether to live yourself in a beautiful large 4-bedroom home, rent out one of the two units, or rent both! Seller does not warrant retrofit status of separate units. (id:66096)

Property Details

MLS®: C13877000
Property Type: Single Family
Bedrooms: 5
Beds (above / below): 4 above · 1 below
Bathrooms: 2
Parking: 1
Interior Size: 1,750 ft²
Lot Size: 17 × 90 ft (1,530 sq ft)
Frontage: 17 ft
Storeys: 2
Basement: Unfinished, Full
Heating: Forced air, Natural gas
Cooling: None
Garage: No Garage
Ownership: Freehold
Property Tax: $7,239.24/yr
Listed: 27 days ago

Rooms

Main level

Kitchen: 3.5 x 4.7 meters

Second level

Kitchen: 2.29 x 4.72 meters
Bedroom 2: 3.48 x 2.93 meters

Third level

Bedroom 3: 3.28 x 2.9 meters
Bedroom 4: 3.74 x 3.11 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Flooring: Tile, Vinyl
Foundation: Unknown
Exterior: Brick
Lot Features: Carpet Free

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

27d

Toronto (Kensington-Chinatown) listings, avg age

81d

Price / ft²

$628

List price

$1.10M

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 5-bed single family in Toronto (Kensington-Chinatown) has been listed for 27 days, which is 54 days fresher than the city average of 81. Act while there is still low competition.

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Listed by RE/MAX ADVANCE REALTY · FRANK LING

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5T)

This home lists at $1,099,000, about 17.8× the local median household income of $61,600.

Carrying it typically needs a household income of about $214,673 (20% down, 25-yr amortization, stress-tested) — roughly 248% 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)

$1,099,000· $628/ft²

For sale

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Full Cost Breakdown

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Current Rates

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Compare all rates

Down Payment7.73% · $84,900.00

Min 7.73%50%

Mortgage payment$5,622/mo

↳ CMHC premium ($40,564 capitalized)

Property tax (est.)$603/mo

Total monthly$6,226

Cash Needed to Close

Down payment (7.73%)$84,900

Land transfer tax$36,910

Est. closing costs$5,797

Total cash needed$127,607

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