124 Baldwin Street, Toronto, ON
Kensington-Chinatown, Toronto · MLS® C12416995
About this home
Excellent Investment Property, Downtown Toronto Steps To U Of T, Chinatown And Hospital Row. Legal Triplex Used As 8 Self Contained Units For Over 20 Years. Long Standing Tenants, Ideal For Owner/Operator With Vision. Current Net Over $100k, $140k Gross, 10-20% Upside Without Major Reno. Pictures Taken When Vacant. End Of Row Attached With Wide Side Yard And Lane Access To 5 Parking Spots.
Key facts
- Property type
- Semi-Detached, 2 1/2 Storey
- MLS®
- C12416995
- Bedrooms
- 6 (4 + 2)
- Bathrooms
- 8
- Size
- 3000-3500
- Lot
- 25.33 × 124.78 ft
- Cross streets
- Dundas/Spadina
- Parking
- 5 parking
- Driveway
- Lane
- Basement
- Separate Entrance, Apartment
- Kitchens
- 8 (6 + 2)
- Heating
- Water
- A/C
- None
- Exterior
- Aluminum Siding, Brick
- Foundation
- Poured Concrete
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $10,350 / 2025
- Days on market
- 300
- Listing brokerage
- RE/MAX WEST REALTY INC.
Listing history
- Jul 17, 2026Listed$1,700
Price and status history from the listing board. Deemed reliable but not guaranteed.
Listed at $2,495,900, this home is tracking about 4% below a wider set of listings, though close matches were thin, so it is worth confirming with a precise CMA rather than reading it as a clear deal. The number above is my independent estimate of value, not the asking price.
Below comparable homes on total price, yet the price per square foot ($768/sqft) is in line with the area, which usually points to a smaller or more efficient layout.
There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.
Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.71M, lower than the comparables and worth a second look.
How I got there
Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.
- Closest comparable, listed at $1.80M
- Size difference +$794K
- Bedrooms +$30K
- Bathrooms +$75K
- Adjusts to $2.70M
That comparable adjusts to $2.70M; the $2.61M estimate above is the median of all 5 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.
The assigned public school is Orde Street Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
On location, this is a very walkable address with everyday errands close by. Spadina Ave at Nassau St is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $2.61M, median of 5 comparables.
This home lists 4% below the area average of $803/sqft.
296 days longer than the Toronto average (4 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Kensington-Chinatown, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.
Most daily errands can be done on foot.
🚉 Nearest transit: Spadina Ave at Nassau St, about 84 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).
School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $1,996,720 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $10,655
- Property tax
- $863
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $11,518
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $48,873
- Toronto municipal land transfer tax
- $48,873
- Estimated closing costs
- $97,745
Plus your down payment of $499,180. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $639,314
- Principal paid down
- $254,283
- Interest paid
- $385,032
- Balance remaining
- $1,742,437
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX WEST REALTY INC.. MLS®/PropTx.