58 Nassau Street, Toronto, ON

Kensington-Chinatown, Toronto · MLS® C13128606

$1,599,000
For Sale
Listed 158 days agoNo offer date statedSitting longer than typical
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5Bedrooms
3Bathrooms
2Parking
2000-2500Sq ft

About this home

In short

  • A rare opportunity to own a home in the heart of Kensington Market, the city's most vibrant district.
  • Pride of ownership for over 30 years .
  • This Victorian-style beauty has high ceilings and is full of character.
  • Perfect for a family or investor who appreciates details like elegant mouldings, high ceilings, skylights.
  • Many upgrades including new roof, eavestroughs, soffit, fascia (2023), plywood, attic insulation, vents, ice water shield (2023), electric re-wiring (2019), HWT...

A rare opportunity to own a home in the heart of Kensington Market, the city's most vibrant district. Pride of ownership for over 30 years . This Victorian-style beauty has high ceilings and is full of character. This exceptional home has 5 generously sized bedrooms and 3 washrooms, one on each level. Perfect for a family or investor who appreciates details like elegant mouldings, high ceilings, skylights. Two parking spots at the back and a fenced-in yard offer tremendous convenience and space to play or unwind. The main level welcomes you with a cozy fireplace-lit living room and a dining area designed for entertaining. A bright kitchen includes a breakfast nook overlooking the yard. Upstairs, the second floor hosts a primary bedroom with double closets, a second bedroom with a custom Murphy bed, and a third bedroom, as well as a bathroom with claw foot tub. The final two bedrooms and an additional bathroom are privately tucked away on the third floor. This is one of the largest semi's you will find on this street. Many upgrades including new roof, eavestroughs, soffit, fascia (2023), plywood, attic insulation, vents, ice water shield (2023), electric re-wiring (2019), HWT (2019), foam insulation third floor attic (2010), gas range (2024), dishwasher (2021). Endless entertainment awaits! Minutes from Chinatown, hospitals, schools, and trendy shops, this location has it all. Come see this gem for yourself before it's gone!

Key facts

Property type
Semi-Detached, 2 1/2 Storey
MLS®
C13128606
Bedrooms
5
Bathrooms
3 (1 half)
Size
2000-2500 sq ft
Lot
21.57 × 123.04 ft
Cross streets
Spadina Avenue & Dundas St
Parking
2 parking
Driveway
Available, Lane
Basement
Unfinished
Heating
Forced Air
A/C
None
Exterior
Brick
Foundation
Stone
Roof
Fibreglass Shingle
Sewer
Sewer
Property tax
$7,941 / 2025
Days on market
158
Listing brokerage
FOREST HILL REAL ESTATE INC.

Rooms

Dining RoomMain4.62 × 3.33 m

window · hardwood floor · coffered ceiling(s)

Living RoomMain6.00 × 3.71 m

fireplace · hardwood floor

Bedroom 5Third5.79 × 2.92 m
Bedroom 3Second3.40 × 2.87 m

hardwood floor · window

BreakfastMain3.45 × 3.12 m

Overlooks Backyard

Primary BedroomSecond5.66 × 4.92 m

double closet · hardwood floor

Bedroom 2Second4.19 × 3.30 m

glass doors · b/i shelves

Bedroom 4Third4.06 × 3.20 m

hardwood floor · window

KitchenMain3.43 × 3.23 m

overlooks backyard · breakfast area

Our TakeTeam Asgarian · Broker
Ask and recent sales differ
$1.25Mautomated estimate, from recent sales

Listed at $1,599,000, about 28% above our estimate of $1.25M (homes like it typically land between $1.17M and $1.31M).

Longer on the market than typical. 158 days on the market, and asking 28% above where comparable closings put it.

List price
$1.17MBelow our range$1.60MAbove our range

Total price vs nearby homes. Fair value about $1.25M, learned from recent GTA sales.

The market behind the math:

4sold nearby · 90 days
158days on market so far
$4,097/moest. rent · 26 leases
3.1%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 5.3 months of inventory: 7 semi-detached homes for sale in the area against 4 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $711/sqft against an area asking average of $740/sqft.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.

It never sees the asking price. The 10 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.37M. Condition and finishes remain an in-person call.

What the listing highlights2 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Recent major systems: lower near-term capital costs, ask for the ages and any warranties. Value driver
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
Schools & getting aroundcatchment and transit

The 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.

Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($711/sqft) is in line with the area, so you are paying for extra space rather than a premium.

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 10 comparable homes that sold in Kensington-Chinatown over the past two years, from 18 closings there.

What sellers nearby are askingCurrently listed nearby in Kensington-Chinatown · asking prices
$1.34Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest semi-detached listings on the market. Homes like this one have recently closed around $1.25M, which is where my estimate comes from.

Per square foot, these ask about $589/sqft; this home lists at $711/sqft. Size is part of the price story, not just the sticker.

The 5 closest active listings nearby.

See all comparable homes
1.60MThis home1.50M1.99M1.50M999k699kThis home vs active comparables

Sold price trend

Median sold price for semi-detached homes in Toronto: $1.12M in September 2026, up 2% from a year ago, on 2,409 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Toronto as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$1.08M252
November 2025$1.03M207
December 2025$967K117
January 2026$997K100
February 2026$1.09M151
March 2026$1.18M180
April 2026$1.18M242
May 2026$1.18M282
June 2026$1.21M262
July 2026$999K237
August 2026$970K166
September 2026$1.12M213

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.

University
$1.75M
Palmerston-Little Italy
$1.68M
Annex
$2.07M
Wychwood
$1.14M
Corso Italia-Davenport
$899K

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 da Vinci School
67%
da Vinci SchoolPublic · Elementary · 0.4 km awayBelow the GTA average · 67% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Kensington Community School School Junior · Public elementary0.3 km · 97% at standard
Lord Lansdowne Junior Public School · Public elementary0.4 km · 85% at standard
Ryerson Community School Junior Senior · Public elementary0.5 km · 52% at standard
Beverley School · Public elementary0.5 km
Subway Academy II · Public secondary0.5 km
Heydon Park Secondary School · Public secondary0.6 km · 8% at standard
Ogden Junior Public School · Public elementary0.8 km · 69% at standard
Orde Street Public School · Public elementary0.8 km · 76% at standard
Contact Alternative School School · Public secondary0.9 km
Central Technical School · Public secondary1.0 km · 54% at standard
Charles G Fraser Junior Public School · Public elementary1.0 km · 74% at standard
Clinton Street Junior Public School · Public elementary1.0 km · 90% at standard

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

Affordability & Mortgage

Affordability
$7,288/mo
$302KIncome needed
5.3×Price ÷ income
$1,682Weekly cost
$56,910Land 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.

92%mortgage
Mortgage $7,288Property tax $662Total carry $7,949

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 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$7,073per month

Mortgage amount $1,279,200 · 4.49% over 25 years

$319,800Down payment (20.0%)
$1,279,200Loan before insurance
$0CMHC premium
$7,735Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,073
Property tax
$662
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,735

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

One-time closing costs

Ontario land transfer tax
$28,455
Toronto municipal land transfer tax
$28,455
Estimated closing costs
$56,910

Plus your down payment of $319,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$8,561/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

$842,675Total interest paid
$2,121,875Total of all payments
Principal $1,279,200 Interest $842,675
YearPrincipalInterestBalance
1$28,546$56,329$1,250,654
2$29,842$55,033$1,220,811
3$31,197$53,678$1,189,614
4$32,614$52,261$1,157,000
5$34,095$50,780$1,122,905
6$35,643$49,232$1,087,263
7$37,261$47,614$1,050,002
8$38,953$45,922$1,011,049
9$40,721$44,154$970,327
10$42,570$42,305$927,757
11$44,503$40,372$883,254
12$46,524$38,351$836,730
13$48,636$36,239$788,094
14$50,844$34,031$737,249
15$53,153$31,722$684,096
16$55,566$29,309$628,530
17$58,089$26,786$570,441
18$60,727$24,148$509,714
19$63,484$21,391$446,230
20$66,366$18,509$379,863
21$69,380$15,495$310,483
22$72,530$12,345$237,953
23$75,823$9,052$162,130
24$79,266$5,609$82,865
25$82,865$2,010$0

At the end of your 5-year term

Total paid over the term
$424,375
Principal paid down
$156,295
Interest paid
$268,080
Balance remaining
$1,122,905

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
From 26 whole-home leases in Kensington-Chinatown$4,097/mo
$49,164Gross annual rent
2.2%Cap rate after taxes and upkeep
$3,326 to $4,975Typical rent range
~18 daysTo find a tenant, on average

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

Talk about the numbers

The last 26 whole-home leases in Kensington-Chinatown signed at a median of $2,704 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,097. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

3.1%
Gross yield
− Property tax $7,941− Insurance $1,400− Vacancy & upkeep $5,408Net operating income $34,415

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

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