2 Glen Baillie Place, Toronto, ON
Kensington-Chinatown, Toronto · MLS® C12950864
About this home
One of the best investment opportunities is waiting for you. This rare offer end unit freehold townhouse was Official Plan Designated for Mixed (commercial and residential) use, has the best layouts and floor plan. From the front entry, you will see 2 bedrooms, each bedroom has their own 3 piece washroom which are totally separate from other parts of the house; from the 2nd side entrance, you also see 1 bedroom, with bathroom, kitchen and living room; from 3rd entrance, you will see 2 bedrooms, and one 3 piece washroom. This gorgeous townhouse has a separate side door (1st side entrance) that leads you to a fully finished basement, with a hug washroom, 2 bedrooms and kitchen. This remarkable freehold townhouse is located in the heart of Kensington Market, Chinatown Center, major transit station area, steps to Spadina/Dundas streetcar, near T&T supermarket, close to hospital, art gallery, walking distance to University of Toronto. This lovey end unit 2 storey freehold townhouse needs your special touch, to make this diamond in the rough shine again. Property and chattels sold in As-Is Condition. Current tenants (individual, not family) pay $6,000 rent income per month in total, and never miss the payment.
Key facts
- Property type
- Townhouse, 2-Storey
- MLS®
- C12950864
- Bedrooms
- 10 (8 + 2)
- Bathrooms
- 5
- Size
- 1500-2000
- Lot
- 13.67 × 66.66 ft
- Cross streets
- Spadina/Dundas St. W
- Parking
- 0 parking
- Driveway
- Lane
- Basement
- Apartment, Separate Entrance, Full, Finished
- Kitchens
- 3 (1 + 2)
- Heating
- Forced Air
- A/C
- None
- Exterior
- Aluminum Siding
- Foundation
- Unknown
- Roof
- Unknown
- Sewer
- Sewer
- Property tax
- $4,552 / 2025
- Days on market
- 106
- Listing brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Rooms
Heads up: the asking price here sits well below what comparable listings suggest. In this market that usually means it is priced to draw multiple offers, so plan for competition and a final number above asking. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.
Ask Moe if this price is fairThe assigned public school is King Edward Junior and Senior 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 Dundas St West North Side is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted.
- Sold as-is / needs work: budget for renovation, the price should reflect the condition.
- Value driver
- Weigh carefully
This home lists 40% below the area average of $685/sqft.
96 days longer than the Toronto average (10 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 Dundas St West North Side, about 101 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
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 $574,400 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,065
- Property tax
- $379
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $3,445
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $10,835
- Toronto municipal land transfer tax
- $10,835
- Estimated closing costs
- $21,670
Plus your down payment of $143,600. 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
- $183,913
- Principal paid down
- $73,150
- Interest paid
- $110,763
- Balance remaining
- $501,250
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 ROYAL LEPAGE SIGNATURE REALTY. MLS®/PropTx.