605-38 Cameron Street, Toronto, ON

Kensington-Chinatown, Toronto · MLS® C13444174

$1,798,000
For Sale
Listed 38 days ago
2Bedrooms
3Bathrooms
1Garage
1200-1399Sq Ft
20+ schools20+ transit stops20+ parks20+ restaurantswithin 1.5 km

About this home

Welcome to a truly one-of-a-kind luxury residence where every inch has been elevated far beyond builder standard. Fully redesigned with exceptional attention to detail, this suite delivers the feel of a custom home in the heart of downtown.The moment you enter, the expanded foyer sets the tone with custom millwork, built-in entry storage, designer wall treatments, and pot lights throughout. Smart features include Lutron lighting controls, Nest climate systems, electric blinds in the main area, blackout drapes & sunshades in the bedrooms, plus Sonos speakers in every room.The kitchen has been completely renovated and expanded to maximize both function and style, featuring custom cabinetry, pantry storage, a 27-inch upgraded sink, induction cooktop, 36-inch fridge and stove, 28-bottle wine fridge, and 65-can beverage fridge. Wrapped marble counters and surfaces provide a luxurious finish with added durability. LED lighting accents the kitchen and closet cabinetry for a polished, upscale feel.The living area is anchored by a striking marble electric fireplace mantel with both heat and cool air fan. Bathrooms have been fully renovated with new custom finishes and faucets throughout. The primary suite was enhanced with additional custom closet space, while the third bedroom has been transformed into a stunning customized walk-in dressing room. A second custom walk-in closet and dedicated office add even more flexibility.The showpiece is the spectacular 1,000+ sq ft private terrace-an entertainer's dream rarely found in condo living. Complete with a built-in outdoor kitchen, matte black granite counters, custom 36-inch gas BBQ with rotisserie, outdoor fridge, shelving, garbage storage, two gas lines, water connection, and Sonos speakers, this outdoor space is in a class of its own.Located steps to Kensington Market, Chinatown, parks, transit, shopping, dining, and schools including Ogden JMS, Queen Alexandra MS, and Harbord CI, this is downtown luxury at its finest.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13444174
Bedrooms
2
Bathrooms
3
Size
1200-1399
Cross streets
Spadina Ave. & Queen St. E
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$1,198/mo
Exposure
North West
Property tax
$6,726 / 2025
Days on market
38
Listing brokerage
RE/MAX EXPERTS

Rooms

Living RoomMain4.49 × 5.44 m

w/o to terrace · gas fireplace · large window

Bedroom 2Main4.05 × 3.48 m

3 pc ensuite · closet · hardwood floor

KitchenMain3.33 × 6.34 m

stainless steel appl · modern kitchen · centre island

OtherMain1.97 × 2.32 m

b/i closet · b/i vanity

Primary BedroomMain5.06 × 3.32 m

3 pc ensuite · closet · hardwood floor

FoyerMain2.69 × 2.43 m

tile floor · closet · 4 pc bath

Dining RoomMain1.57 × 5.06 m

b/i bar · hardwood floor · open concept

Our TakeTeam Asgarian · Broker
Worth a personal read

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.

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.

On location, this is a very walkable address with everyday errands close by. Queen Street West is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

Comparable listingsCurrently listed nearby in Kensington-Chinatown · asking prices
$1.33Mavg asking

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

1013-115 Denison Avenue$1.79MPH08-96 St. Patrick Street$1.43M5302-488 University Avenue$1.38MPh3-280 Simcoe Street$1.35M406-188 Spadina Avenue$688k

The 5 closest of 8 active listings nearby.

See all comparable homes
1.80MThis home1.79M1.43M1.38M1.35M688kThis home vs active comparables
Live market pulseActive comparables in Kensington-Chinatown · median list $1.10M
$1,384this home / sqft
16active listings nearby
38days on market
100sold nearby · 90 days
$596Kmedian sold price
96%of asking, on average

On the market now.

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.

Getting around

96/ 100

Walker's ParadiseA 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 OpenStreetMap contributors.

Most daily errands can be done on foot.

🚉 Nearest transit: Queen Street West, about 127 m away

20+ transit stops20+ grocery20+ dining20+ parks20+ pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

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

Waterfront Communities C1
$578K
Niagara
$550K
Church-Yonge Corridor
$611K
Bay Street Corridor
$638K
Moss Park
$894K

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 · 0.4 km awayBelow the GTA average · 52% meet the provincial standard
ALPHA Alternative Junior SchoolEQAO results not published

Affordability & Mortgage

Affordability
$8,195/mo
$355KIncome needed
5.1×Price ÷ income
$1,891Weekly 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.

82%mortgage
Mortgage $8,195Property tax $561Condo fee $1,198Total carry $9,953

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.

4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 24, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$7,676per month

Mortgage amount $1,438,400 · 4.14% over 25 years

$359,600Down payment (20.0%)
$1,438,400Loan before insurance
$0CMHC premium
$9,434Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,676
Property tax
$561
Condo / maintenance fees
$1,198
Heating
$0
Estimated monthly cost
$9,434

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

One-time closing costs

Ontario land transfer tax
$32,435
Toronto municipal land transfer tax
$32,435
Estimated closing costs
$64,870

Plus your down payment of $359,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$9,323/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

$864,351Total interest paid
$2,302,751Total of all payments
Principal $1,438,400 Interest $864,351
YearPrincipalInterestBalance
1$33,697$58,413$1,404,703
2$35,106$57,004$1,369,597
3$36,575$55,535$1,333,022
4$38,105$54,005$1,294,918
5$39,698$52,412$1,255,219
6$41,359$50,751$1,213,861
7$43,089$49,021$1,170,772
8$44,891$47,219$1,125,880
9$46,769$45,341$1,079,111
10$48,725$43,385$1,030,386
11$50,763$41,347$979,623
12$52,887$39,223$926,736
13$55,099$37,011$871,637
14$57,404$34,706$814,234
15$59,805$32,305$754,429
16$62,306$29,804$692,123
17$64,912$27,198$627,210
18$67,628$24,482$559,583
19$70,456$21,654$489,126
20$73,403$18,707$415,723
21$76,474$15,636$339,249
22$79,673$12,437$259,577
23$83,005$9,105$176,571
24$86,477$5,633$90,094
25$90,094$2,016$0

At the end of your 5-year term

Total paid over the term
$460,550
Principal paid down
$183,181
Interest paid
$277,370
Balance remaining
$1,255,219

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$4,100/mo
$49,200Gross 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.

2.7%
Gross yield
− Property tax $6,726− Condo fees $14,378− Insurance $600− Vacancy & upkeep $5,412Net operating income $22,084

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX EXPERTS. MLS®/PropTx.

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