$1,095,000

For sale

95 Wolseley Street, Toronto (Kensington-Chinatown) - Single Family for Sale

95 Wolseley Street, Toronto (Kensington-Chinatown), Ontario, M5T1A4

4 beds4 baths1 parking1,300 ft²14 × 75 ft (1,080 sq ft) lot sizeListed 20 days ago

Overview

This 4-bedroom, 4-bathroom home in Toronto is for sale offering roughly 1,300 sq ft of space. Listed at $1,095,000, it is attractively priced about 27% below the $1,499,000 median asking price in Toronto. It has been on the market 20 days, fresher than the Toronto average of 81 days.

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Description

Unlock lifestyle, income, and massive potential in this beautiful Victorian within iconic Queen West! Fully updated and highly versatile, this property features two self-contained apartments, renovated in 2021. The property offers many options: generate monthly rent, live in one unit and rent the other to offset your mortgage, use it for multi-generational living, or easily convert back into a spectacular single-family home. The main/lower suite offers two bedrooms, two washrooms, soaring 9'9" main floor ceilings and 7-foot basement heights. Upstairs, the second-floor unit features two bedrooms, two washrooms, airy 9'1" ceilings, and a spacious renovated kitchen. 1800 sq feet in total living space! Newer roof membrane and furnace. Steps from Trinity Bellwoods Park and the city's best dining, cafes, and boutiques across Queen West, the Fashion District, and Kensington Market. Close to the U of T campus. Transit equity is unmatched with the upcoming Ontario Line subway expansion and the future King West Station just down the street. Transit and walk score 100. (id:66096)

Property Details

MLS®: C14080986
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 3 above · 1 below
Bathrooms: 4
Parking: 1
Interior Size: 1,300 ft²
Lot Size: 14 × 75 ft (1,080 sq ft)
Frontage: 14 ft
Storeys: 2
Basement: Finished, N/A
Heating: Forced air, Natural gas
Cooling: None
Garage: No Garage
Fireplace: Yes
Ownership: Freehold
Property Tax: $6,414.72/yr
Listed

Rooms

Main level

Foyer: 5.05 x 1.27 meters
Living room: 6.45 x 2.82 meters
Dining room: 6.45 x 2.82 meters
Bathroom: 2.54 x 2.01 meters
Kitchen: 4.45 x 2.97 meters

Basement

Bedroom: 5.21 x 3.91 meters
Bathroom: 2.36 x 1.47 meters
Laundry room: 1.85 x 2.72 meters

Second level

Bedroom: 3.81 x 3.94 meters

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Hood Fan, Window Coverings
Flooring: Tile, Laminate
Foundation: Brick
Exterior: Brick
Lot Features: Sump Pump

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

20d

Toronto (Kensington-Chinatown) listings, avg age

81d

Price / ft²

$842

List price

$1.09M

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 20 days, which is 61 days fresher than the city average of 81. Act while there is still low competition.

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Listed by RE/MAX HALLMARK REALTY LTD. · LAURA ISOBEL CATALANO

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5T)

This home lists at $1,095,000, about 17.8× the local median household income of $61,600.

Carrying it typically needs a household income of about $213,892 (20% down, 25-yr amortization, stress-tested) — roughly 247% 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)

$1,095,000· $842/ft²

For sale

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Full Cost Breakdown

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Down Payment7.72% · $84,500.00

Min 7.72%50%

Mortgage payment$5,602/mo

↳ CMHC premium ($40,420 capitalized)

Property tax (est.)$535/mo

Total monthly$6,137

Cash Needed to Close

Down payment (7.72%)$84,500

Land transfer tax$36,750

Est. closing costs$5,785

Total cash needed$127,035

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