156 Sussex Mews, Toronto, ON
University, Toronto · MLS® C13122060
About this home
Nestled amongst the splendid Victorian homes of Harbord Village, tucked away on the west side of Sussex Mews, stands this Bohemian oasis. Once an industrial building from bygone era of early 1900s Toronto, this 2 storey brick edifice is now home to 3 private residences and is situated on a spectacular lot. Perfect for the empty nester, the up and comer, or the visionary developer who wants to create a laneway style, one of a kind chic, urban pied-a-terre or a collection of townhomes, 156 Sussex Mews represents a truly unique real estate investment or redevelopment opportunity in one of the most culturally diverse and vibrant areas in central Toronto. The Main Floor suite features 2 bedrooms, 1 bath, and is an airy, loft-like slice of Soho in Toronto with 10 ft + ceilings. Charming upper-level owners' suite features 2 bedrooms, 1 bath, and is a cozy space with a walkout to a private garden. Garden level suite features 1 bedroom and 1 bathroom with a working wood burning fireplace and a private walkout to a patio lounge space. The property also includes a separate stucco structure, as per the survey, previously used as an artist studio with access to the side yard.
Key facts
- Property type
- Other, 2-Storey
- MLS®
- C13122060
- Bedrooms
- 6 (5 + 1)
- Bathrooms
- 3
- Size
- 2000-2500
- Lot
- 71 × 63 ft
- Cross streets
- Harbord St and Spadina Ave.
- Parking
- 5 parking
- Basement
- Apartment, Finished with Walk-Out
- Kitchens
- 3 (2 + 1)
- Heating
- Baseboard
- A/C
- None
- Exterior
- Brick
- Foundation
- Brick
- Roof
- Flat
- Sewer
- Sewer
- Property tax
- $17,050 / 2026
- Days on market
- 70
- Listing brokerage
- CHESTNUT PARK REAL ESTATE LIMITED
Rooms
wood · open concept · combined w/dining
laminate · closet
wood · open concept · north view
wood · open concept · combined w/dining
wood · closet
wood · south view
laminate · fireplace · walk-out
backsplash · combined w/dining · irregular room
wood · closet · walk-out
wood · west view
wood · closet · south view
wood · closet · east view
wood · open concept · north view
Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. 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 fairIts public catchment (Jesse Ketchum Junior and Senior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
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.
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
- Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 6 active listings nearby.
See all comparable homesOn the market now.
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
University, Toronto, ON
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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 23, 2026); conventional rates run a little higher.
Mortgage amount $3,196,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $17,055
- Property tax
- $1,421
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $18,476
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $86,350
- Toronto municipal land transfer tax
- $96,300
- Estimated closing costs
- $182,650
Plus your down payment of $799,000. 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
- $1,023,303
- Principal paid down
- $407,011
- Interest paid
- $616,291
- Balance remaining
- $2,788,989
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 CHESTNUT PARK REAL ESTATE LIMITED. MLS®/PropTx.