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New2 hours ago

14 Kensington Place

Kensington-Chinatown, Toronto

$999,000

Freehold Townhouse|2 1/2 Storey
3 | 2 | 0
About this home

A truly unique opportunity in the heart of Kensington Market. Tucked away on charming Kensington Place, this distinctive 2 1/2 storey freehold row home offers 3 bedrooms, 2 bathrooms and an open-concept main floor with gas fireplace. The functional kitchen features stone countertops and subway tile backsplash, with a walkout to a private garden and deck. The third-floor bedroom also features a walkout to its own deck. City-approved permit and plans are available for a proposed one-storey rear addition with deck above, partial basement underpinning and front basement walkout, offering future expansion potential.Set within the Kensington Market Heritage Conservation District, the home forms part of a historic row dating from before 1889, adding to the character and charm of this unique downtown setting.Steps to Kensington Market, Chinatown, U of T, AGO, TTC, restaurants, cafés, parks, schools, library and community recreation facilities, with the future Ontario Line Chinatown Station at Queen & Spadina adding another rapid-transit connection to the neighbourhood. The area continues to benefit from significant public and private investment, including planned road and watermain renewal on surrounding Kensington Market streets, wider sidewalks, improved pedestrian infrastructure and a future pedestrianization pilot, with phased construction currently expected to begin in spring 2027. Nearby residential developments and planned public-space improvements further reflect continued investment in this vibrant downtown community. A special home with character, privacy and an exceptional walkable location.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeAtt/Row/Townhouse
Style2 1/2 Storey
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$5,126
Lot Size12 ft x 66 ft
mls© NumberC13818916
Listed ByENGEL & VOLKERS TORONTO CITY

Listing History

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  • No recent lease history for this listing.

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$5,113
Property tax
$427
Heat allowance
$150
Housing costs
$5,690 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $199,800
25-yr amortization

Income needed

$175,000

gross annual household income

Payment at 4%
$4,204 / mo
Cash down
$199,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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