$569,000

For sale

#PH04 115 Denison Avenue, Toronto (Kensington-Chinatown) - Single Family for Sale

#PH04 115 Denison Avenue, Toronto (Kensington-Chinatown), Ontario, M5T0E6

1 bed1 bath0 parking250 ft²$468/mo condo feeListed 12 days ago

Overview

This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 250 sq ft of space. Listed at $569,000, it is attractively priced about 16% below the $675,000 median asking price in Toronto. It has been on the market 12 days, fresher than the Toronto average of 81 days.

Condos for Sale in Toronto →All real estate in Toronto →

Description

Tridel's MRKT Alexandra Park sits at the intersection of Chinatown, Kensington Market and Queen West, bringing together the distinct energy, culture and character of three of Toronto's most recognizable neighbourhoods. Set on the penthouse level, this south facing one bedroom offers a thoughtfully planned layout. Highly functional in its design, the suite's 10 foot ceilings and floor to ceiling windows, create a sense of space beyond its footprint. An open living and dining area, a contemporary kitchen with integrated appliances, a separate bedroom, a full bathroom and ensuite laundry complete the interior. Currently leased at $2,200.00, the suite offers immediate rental income and an accessible opportunity to invest in Toronto's condominium market. Residents enjoy access to extensive amenities, including a rooftop pool, a two-level fitness center, and 24-hour concierge. Beyond the building, independent shops, restaurants, cafes, cultural destinations and convenient transit connections are all part of the fabric of this established downtown neighbourhood. Property is being sold under Power of Sale. (id:66096)

Property Details

MLS®: C14111426
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 0
Interior Size: 250 ft²
Basement: None
Heating: Heat Pump, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Pool: Yes
Condo Fee: $468/mo
Fee Includes: Common Area Maintenance
Ownership: Condo/Strata
Listed: 12 days ago

Rooms

Flat

Kitchen: 3 x 2.8 meters
Dining room: 3 x 2.8 meters
Living room: 3 x 2.84 meters
Bedroom: 2.74 x 3.3 meters

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

Features

Exterior: Concrete
Lot Features: In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

12d

Toronto (Kensington-Chinatown) listings, avg age

81d

Price / ft²

$2,281

List price

$569K

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 1-bed single family in Toronto (Kensington-Chinatown) has been listed for 12 days, which is 69 days fresher than the city average of 81. Act while there is still low competition.

Set a price alert Book a showing

Listed by SOTHEBY'S INTERNATIONAL REALTY CANADA · SHIRLEY YOON KIM

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5T)

This home lists at $569,000, about 9.2× the local median household income of $61,600.

Carrying it typically needs a household income of about $111,146 (20% down, 25-yr amortization, stress-tested) — roughly 80% 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)

$569,000· $2,281/ft²

For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

Full Cost Breakdown

Loading rates, 30-yr amortization

Current Rates

Loading…

Compare all rates

Down Payment5.61% · $31,900.00

Min 5.61%50%

Mortgage payment$2,978/mo

↳ CMHC premium ($21,484 capitalized)

Est. property tax$0/mo

Condo fee$468/mo

Total monthly$3,445

Cash Needed to Close

Down payment (5.61%)$31,900

Land transfer tax$15,710

Est. closing costs$4,207

Total cash needed$51,817

Get Pre-Approved · Free & Fast

Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

Rental cashflow calculator