315-115 Denison Avenue, Toronto, ON

Kensington-Chinatown, Toronto · MLS® C13048526

$905,310
For Sale
Listed 86 days ago
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2Bedrooms
2Bathrooms
0Parking
800-899Sq Ft

About this home

Brand new, rarely offered two-level loft at MRKT at Alexandra Park by Tridel.Tucked just steps from Kensington Market, this residence blends ultra-modern, stylish designwith the energy of one of Toronto's most vibrant and historic neighbourhoods.This stylish two-bedroom suite offers approximately 834 sq ft, with soaring 11ft ceilings thatinstantly elevate the space. Open, airy, and effortlessly functional, the layout flowsbeautifully, complemented by sleek finishes and thoughtfully upgraded, stylish detailsthroughout.Residents enjoy lifestyle-driven amenities including an outdoor pool, landscaped BBQ areas, arooftop lounge, and a state-of-the-art fitness centre.Located across from Toronto Western Hospital and in the heart of Chinatown Toronto, thisaddress offers near-perfect walkability with TTC, top dining, cafés, and culture right at yourdoorstep.Stylish, rare, and quietly standout-this is Toronto loft living at its finest.Parking and Storage Lockers sold separately.

Key facts

Property type
Condo Apartment, Loft
MLS®
C13048526
Bedrooms
2
Bathrooms
2
Size
800-899
Cross streets
Spadina & Dundas
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$890/mo
Exposure
North
Days on market
86
Listing brokerage
CENTURY 21 ATRIA REALTY INC.

Rooms

Primary BedroomMain3.28 × 3.05 m

walk-in closet(s) · 4 pc ensuite

KitchenMain3.83 × 2.95 m

modern kitchen · centre island

Bedroom 2Second3.07 × 2.72 m

Closet

Dining RoomMain4.22 × 3.91 m

combined w/living · w/o to balcony

Living RoomMain4.22 × 3.91 m

combined w/dining · w/o to balcony

Moe’s TakeTeam Asgarian · Broker
Above comparables
$743Kest. value

Listed at $905,310, this home is about 22% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

Priced above comparable homes overall, but the price per square foot ($1,066/sqft) is in line with the area, so you are paying for extra space rather than a premium.

In Kensington-Chinatown lately, sellers have been getting about 96% of asking and homes sell in about 35 days.

There were not many closely comparable homes right in Kensington-Chinatown, so I widened the search to the surrounding area.

Based on 97 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 97 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths.

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, sold for $755K
  • Adjusts to $755K

That comparable adjusts to $755K; the $743K estimate above is the median of all 97 comparables, which is steadier than any single home.This estimate is grounded in actual closing prices from the last 15 months, not asking prices. Lot, condition, and finishes are still my in-person call.

The assigned public school is City School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

List price
$689KGreat deal$905KOverpriced

Total price vs nearby homes. Fair value about $743K, median of 97 comparables.

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.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
Comparable listingsCurrently listed nearby in Kensington-Chinatown · asking prices
$904kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

1601-195 McCaul Street$900k1904-238 Simcoe Street$918k302-195 McCaul Street$925k710-15 Beverley Street$925k3901-488 University Avenue$850k

The 5 closest of 8 active listings nearby.

See all comparable homes
905kThis home900k918k925k925k850kThis home vs active comparables
Live market pulseActive comparables in Kensington-Chinatown · median list $699K
$1,066this home / sqft
72active listings nearby
86days on market
100sold nearby · 90 days
$604Kmedian sold price
96%of asking, on average

This home lists 2% below the area average of $1,091/sqft.

85 days longer than the Toronto average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Kensington-Chinatown, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Waterfront Communities C1
$687K
Niagara
$703K
Bay Street Corridor
$465K
Church-Yonge Corridor
$660K
Waterfront Communities C8
$719K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

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.

Street view near Ryerson Community School
52%
Ryerson Community SchoolPublic · Elementary · 0.1 km awayBelow the GTA average · 52% meet the provincial standard
ALPHA Alternative Junior SchoolEQAO results not published

Affordability & Mortgage

Affordability
$4,126/mo
$196KIncome needed
4.6×Price ÷ income
$952Weekly cost
20% down4.79%25-yr amortization

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.

74%mortgage
Mortgage $4,126Property tax $566Condo fee $890Total carry $5,582

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

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 22, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,865per month

Mortgage amount $724,248 · 4.14% over 25 years

$181,062Down payment (20.0%)
$724,248Loan before insurance
$0CMHC premium
$5,321Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,865
Property tax
$566
Condo / maintenance fees
$890
Heating
$0
Estimated monthly cost
$5,321

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$14,581
Toronto municipal land transfer tax
$14,581
Estimated closing costs
$29,162

Plus your down payment of $181,062. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$4,694/monthPayment at the qualifying rate

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

$435,209Total interest paid
$1,159,457Total of all payments
Principal $724,248 Interest $435,209
YearPrincipalInterestBalance
1$16,967$29,412$707,281
2$17,676$28,702$689,605
3$18,416$27,963$671,189
4$19,186$27,192$652,003
5$19,989$26,390$632,015
6$20,825$25,554$611,190
7$21,696$24,683$589,495
8$22,603$23,775$566,891
9$23,549$22,830$543,343
10$24,534$21,845$518,809
11$25,560$20,818$493,249
12$26,629$19,749$466,620
13$27,743$18,635$438,878
14$28,903$17,475$409,974
15$30,112$16,266$379,862
16$31,372$15,007$348,490
17$32,684$13,694$315,806
18$34,051$12,327$281,755
19$35,475$10,903$246,280
20$36,959$9,419$209,320
21$38,505$7,873$170,815
22$40,116$6,262$130,699
23$41,794$4,584$88,905
24$43,542$2,836$45,363
25$45,363$1,015$0

At the end of your 5-year term

Total paid over the term
$231,891
Principal paid down
$92,233
Interest paid
$139,658
Balance remaining
$632,015

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.

Let's connect

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

Rental yield
Estimate$2,700/mo
$32,400Gross annual rent
1.2%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates 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.

3.6%
Gross yield
− Property tax $6,337− Condo fees $10,683− Insurance $600− Vacancy & upkeep $3,564Net operating income $11,216

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 ATRIA REALTY INC.. MLS®/PropTx.

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