156 Sussex Mews, Toronto, ON

University, Toronto · MLS® C13122060

$3,995,000
For Sale
Listed 159 days agoNo offer date statedSitting longer than typical
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5+1Bedrooms
3Bathrooms
5Parking
2000-2500Sq ft

About this home

In short

  • 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...
  • 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.

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
5+1 (6 total)
Bathrooms
3
Size
2000-2500 sq ft
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
159
Listing brokerage
CHESTNUT PARK REAL ESTATE LIMITED

Rooms

Living RoomSecond4.90 × 5.51 m

wood · open concept · combined w/dining

Primary BedroomLower3.05 × 4.27 m

laminate · closet

KitchenMain7.02 × 2.44 m

wood · open concept · north view

Living RoomMain4.33 × 7.93 m

wood · open concept · combined w/dining

OfficeSecond4.00 × 3.35 m

wood · closet

Primary BedroomMain2.76 × 3.38 m

wood · south view

Living RoomLower5.50 × 5.18 m

laminate · fireplace · walk-out

KitchenLower3.98 × 3.05 m

backsplash · combined w/dining · irregular room

Bedroom 2Second3.38 × 2.75 m

wood · closet · walk-out

Bedroom 2Main2.01 × 3.07 m

wood · west view

Primary BedroomSecond3.39 × 3.37 m

wood · closet · south view

FoyerMain1.24 × 2.44 m

wood · closet · east view

KitchenSecond3.37 × 1.86 m

wood · open concept · north view

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

Its 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 sellers nearby are askingCurrently listed nearby in University · asking prices
$1.71Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest listings on the market.

Per square foot, these ask about $779/sqft; this home lists at $1,776/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
4.00MThis home1.50M1.43M2.19MThis home vs active comparables

Neighbourhood & location

University, 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
$559K
Dovercourt-Wallace Emerson-Junction
$917K
Church-Yonge Corridor
$539K
Niagara
$789K
Waterfront Communities C8
$569K

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 Huron Street Junior Public School
74%
Huron Street Junior Public SchoolPublic · Elementary · 0.8 km awayAround the GTA average · 74% meet the provincial standard
St. BrunoEQAO results not published
Also nearby: 12 more schools within 2.5 km
Central Technical School · Public secondary0.4 km · 54% at standard
da Vinci School · Public elementary0.5 km · 67% at standard
Lord Lansdowne Junior Public School · Public elementary0.5 km · 85% at standard
Loretto College School · Catholic secondary0.6 km · 62% at standard
King Edward Junior and Senior Public School · Public elementary0.7 km · 83% at standard
Kensington Community School School Junior · Public elementary0.8 km · 97% at standard
Msgr Fraser Orientation Centre · Catholic secondary0.9 km
Harbord Collegiate Institute · Public secondary0.9 km · 85% at standard
Orde Street Public School · Public elementary1.0 km · 76% at standard
Subway Academy II · Public secondary1.1 km
Beverley School · Public elementary1.1 km
Clinton Street Junior Public School · Public elementary1.1 km · 90% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$18,208/mo
$740KIncome needed
5.4×Price ÷ income
$4,202Weekly cost
$182,650Land transfer tax, one-time (Ontario + Toronto)
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.

93%mortgage
Mortgage $18,208Property tax $1,421Total carry $19,629

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$17,671per month

Mortgage amount $3,196,000 · 4.49% over 25 years

$799,000Down payment (20.0%)
$3,196,000Loan before insurance
$0CMHC premium
$19,092Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$17,671
Property tax
$1,421
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$19,092

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

6.49%Qualifying rate
$21,388/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

$2,105,370Total interest paid
$5,301,370Total of all payments
Principal $3,196,000 Interest $2,105,370
YearPrincipalInterestBalance
1$71,321$140,734$3,124,679
2$74,559$137,495$3,050,120
3$77,945$134,110$2,972,175
4$81,484$130,571$2,890,691
5$85,183$126,871$2,805,508
6$89,051$123,004$2,716,457
7$93,094$118,960$2,623,362
8$97,321$114,734$2,526,041
9$101,740$110,315$2,424,301
10$106,359$105,695$2,317,942
11$111,188$100,866$2,206,754
12$116,237$95,818$2,090,517
13$121,514$90,540$1,969,002
14$127,032$85,023$1,841,971
15$132,799$79,255$1,709,171
16$138,829$73,226$1,570,342
17$145,132$66,922$1,425,210
18$151,722$60,333$1,273,487
19$158,611$53,444$1,114,877
20$165,812$46,242$949,064
21$173,341$38,714$775,723
22$181,211$30,843$594,512
23$189,439$22,616$405,073
24$198,040$14,014$207,032
25$207,032$5,023$0

At the end of your 5-year term

Total paid over the term
$1,060,274
Principal paid down
$390,492
Interest paid
$669,782
Balance remaining
$2,805,508

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$4,200/mo
$50,400Gross annual rent
0.7%Cap rate after taxes and upkeep

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 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.

1.3%
Gross yield
− Property tax $17,050− Insurance $1,400− Vacancy & upkeep $5,544Net operating income $26,406

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CHESTNUT PARK REAL ESTATE LIMITED. MLS®/PropTx.

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