25 Grange Avenue, Toronto, ON

Kensington-Chinatown, Toronto · MLS® C13462276

$2,389,000
For Sale
Listed 34 days ago
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3Bedrooms
5Bathrooms
6Parking
2500-3000Sq Ft

About this home

An exceptional extra-wide Victorian with private 6 car parking in the heart of Queen West, steps from the revitalized Grange Park. Extensively renovated top to bottom, this showstopping 3-storey home balances timeless character with thoroughly modern living across approx. 2,500 sq ft above grade plus a fully self-contained lower level. Original stained glass vestibule, solid wood staircase with turned spindles, and wide-plank hardwood floors set the tone; a chef's kitchen and rooftop city-view terrace seal the deal.The open-concept main floor was made for entertaining. A sun-drenched living room with gas fireplace and bay window flows effortlessly into a generous dining area and a stunning galley kitchen with quartz counters and gas range. French doors spill out to a rear deck hovering above a private stone-paved courtyard - sheltered by a magnificent mature maple and worlds away from the city buzz just outside your gate.Upstairs, the primary suite delivers. A walk-in closet feeds into a 5-pc ensuite that earns every superlative: floor-to-ceiling dramatic dark marble, soaker tub, glass block shower, double sinks. A second bedroom, 4-pc bath, and sitting room anchored by an exposed brick fireplace round out the 2nd floor. Formerly 4 bedrooms, the 2nd floor was thoughtfully changed to have 2 generous bedrooms along with a walk-in closet and light-filled sitting room complete with fireplace in the bay window. The 3rd floor is in a class of its own - a luminous great room opens through a glass solarium wall to a finished rooftop terrace with sweeping city views. Second full kitchen, skylights, 2-pc bath, and 2nd laundry. Guests, in-laws, or simply the best home office in the neighbourhood. The lower level adds a separate entrance, open living/kitchen, bedroom, 3-pc bath, and laundry. Steps to U of T, St Patrick Station, the AGO, and Kensington Market.

Key facts

Property type
Other, 3-Storey
MLS®
C13462276
Bedrooms
3 (2 + 1)
Bathrooms
5 (2 half)
Size
2500-3000
Lot
24 × 142 ft
Cross streets
Queen St W & Beverley St
Parking
6 parking
Driveway
Lane
Basement
Apartment, Finished with Walk-Out
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick Front
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$11,718 / 2026
Days on market
34
Listing brokerage
RE/MAX HALLMARK REALTY LTD.
Moe’s TakeTeam Asgarian · Broker
In line
$2.45Mest. value

Listed at $2,389,000, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.

In Kensington-Chinatown lately, sellers have been getting about 96% of asking and homes sell in about 37 days.

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

Based on 94 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 94 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.13M, a bit lower.

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 $1.26M
  • Size difference +$865K
  • Bedrooms −$30K
  • Bathrooms +$30K
  • Adjusts to $2.13M

That comparable adjusts to $2.13M; the $2.45M estimate above is the median of all 94 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 Ogden Junior Public 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
$2.37MGreat deal$2.52MOverpriced

Total price vs nearby homes. Fair value about $2.45M, median of 94 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.

  • Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Comparable listingsCurrently listed nearby in Kensington-Chinatown · asking prices
$2.26Mavg asking

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

110 Beverley Street$1.48M23 Lippincott Street$3.69MTH05-51 Paul Lane Gardens$1.60M

The 3 closest active listings nearby.

See all comparable homes
2.39MThis home1.48M3.69M1.60MThis home vs active comparables
Live market pulseActive comparables in Kensington-Chinatown · median list $850K
$869this home / sqft
67active listings nearby
34days on market
100sold nearby · 90 days
$735Kmedian sold price
96%of asking, on average

This home lists 18% below the area average of $1,060/sqft.

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.

Nearby neighbourhoods

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

Waterfront Communities C8
$760K
Moss Park
$576K
South Riverdale
$1.10M
The Beaches
$800K
Mimico
$814K

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 Ogden Junior Public School
69%
Ogden Junior Public SchoolPublic · Elementary · 0.3 km awayAround the GTA average · 69% meet the provincial standard

Affordability & Mortgage

Affordability
$10,888/mo
$449KIncome needed
5.3×Price ÷ income
$2,513Weekly 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.

92%mortgage
Mortgage $10,888Property tax $976Total carry $11,865

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 22, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$10,199per month

Mortgage amount $1,911,200 · 4.14% over 25 years

$477,800Down payment (20.0%)
$1,911,200Loan before insurance
$0CMHC premium
$11,175Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$10,199
Property tax
$977
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$11,175

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

One-time closing costs

Ontario land transfer tax
$46,200
Toronto municipal land transfer tax
$46,200
Estimated closing costs
$92,400

Plus your down payment of $477,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$12,387/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

$1,148,462Total interest paid
$3,059,662Total of all payments
Principal $1,911,200 Interest $1,148,462
YearPrincipalInterestBalance
1$44,773$77,614$1,866,427
2$46,646$75,741$1,819,782
3$48,597$73,790$1,771,185
4$50,629$71,757$1,720,555
5$52,747$69,639$1,667,808
6$54,954$67,433$1,612,855
7$57,252$65,134$1,555,603
8$59,647$62,740$1,495,956
9$62,142$60,245$1,433,814
10$64,741$57,645$1,369,073
11$67,449$54,937$1,301,623
12$70,270$52,116$1,231,353
13$73,210$49,177$1,158,143
14$76,272$46,114$1,081,871
15$79,462$42,924$1,002,409
16$82,786$39,600$919,622
17$86,249$36,137$833,373
18$89,857$32,530$743,517
19$93,615$28,771$649,902
20$97,531$24,855$552,371
21$101,611$20,776$450,760
22$105,861$16,526$344,899
23$110,289$12,098$234,610
24$114,902$7,484$119,708
25$119,708$2,678$0

At the end of your 5-year term

Total paid over the term
$611,932
Principal paid down
$243,392
Interest paid
$368,541
Balance remaining
$1,667,808

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$5,250/mo
$63,000Gross annual rent
1.8%Est. cap rate

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.

2.6%
Gross yield
− Property tax $11,718− Insurance $1,400− Vacancy & upkeep $6,930Net operating income $42,952

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

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