14 Kensington Place

Chinatown, Toronto

14 Kensington Place, Chinatown, Toronto

$999,000


Bedrooms: 3

Bathrooms: 2

Living Area: 700 sqft

Price Per Sqft: $1,427.14


About this Townhouse

in Chinatown, Toronto

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.

Listed by ENGEL & VOLKERS TORONTO CITY.


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LAND TRANSFER TAX CALCULATOR


Purchase Price  
First-Time Home Buyer

Ontario Land Transfer Tax
Toronto Land Transfer Tax

Province of Ontario (effective January 1, 2017)

For Single Family or Two Family Homes

  • Up to and including $55,000.00 -> 0.5%
  • $55,000.01 to $250,000.00 -> 1%
  • $250,000.01 to $400,000 -> 1.5%
  • $400,000.01 & $2,000,000.00 -> 2%
  • Over $2,000,000.00 -> 2.5%

First-time homebuyers may be eligible for a refund of up to $4,000.

Source: Calculating Ontario Land Transfer Tax
Source: Ontario Land Transfer Tax for First-Time Homebuyers

City of Toronto (effective March 1, 2017)

For Single Family or Two Family Homes

  • Up to and including $55,000.00 -> 0.5%
  • $55,000.01 to $250,000.00 -> 1%
  • $250,000.01 to $400,000 -> 1.5%
  • $400,000.01 & $2,000,000.00 -> 2%
  • Over $2,000,000.00 -> 2.5%

First-time homebuyers may be eligible for a rebate of up to $4,475.

Source: Municipal Land Transfer Tax Rates and Calculations
Source: Municipal Land Transfer Tax Rates Rebate Opportunities


MORTGAGE CALCULATOR


     
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* This material is for informational purposes only.

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