512-115 Denison Avenue, Toronto, ON

Kensington-Chinatown, Toronto · MLS® C13523510

$1,394,000
For Sale
Listed 18 days ago
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2Bedrooms
2Bathrooms
0Parking
1000-1199Sq Ft

About this home

Tridel's MRKT Alexandra Park community is an 18-acre masterplanned revitalization offers remarkable amenities, modern finishes, and flexible open-concept layouts. Near perfect transit and walk scores. Outdoor swimming pool, BBQ area, party room, 2-storey fitness centre etc. 2YTA Design, 2 Bedrooms with a 600 sq-ft terrace, approx. 1054 sqft total. as per builder's plan. Move-in today! Prices shown reflect the proposed net Enhanced New Home Rebate ("Enhanced NHR") amount, which is subject to government approval, legislative enactment, final program details and is subject to change. Actual purchase prices, taxes payable, and rebate eligibility will be determined based on the approved legislation and the Purchaser's individual circumstances. Purchasers who meet the relevant eligibility criteria may apply for the Enhanced NHR directly with the Canada Revenue Agency after federal regulations that implemented the Enhanced NHR are made. Purchasers are advised to consult their legal and tax advisors for confirmation of eligibility and final amounts. The vendor makes no representations or warranties regarding the availability or amount of any such rebate.

Key facts

Property type
Condo Apartment, Multi-Level
MLS®
C13523510
Bedrooms
2
Bathrooms
2
Size
1000-1199
Cross streets
Dundas St and Denison Ave
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Concrete
Maintenance
$1,128/mo
Exposure
North West
Days on market
18
Listing brokerage
DEL REALTY INCORPORATED

Rooms

Bedroom 2Main2.77 × 2.69 m

laminate · closet

Living RoomMain4.93 × 6.30 m

combined w/dining · w/o to terrace · laminate

Dining RoomMain4.93 × 6.30 m

combined w/living · combined w/kitchen · laminate

Primary BedroomMain3.02 × 3.35 m

laminate · ensuite bath · walk-in closet(s)

KitchenMain4.93 × 6.30 m

laminate · open concept · combined w/dining

Moe’s 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.

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.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Open-concept layout: modern, sought-after flow. Lifestyle
Comparable listingsCurrently listed nearby in Kensington-Chinatown · asking prices
$1.08Mavg asking

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

614-160 Baldwin Street$1.30M5302-488 University Avenue$1.38M1106-80 Vanauley Street$860k710-15 Beverley Street$925k302-195 McCaul Street$925k

The 5 closest of 8 active listings nearby.

See all comparable homes
1.39MThis home1.30M1.38M860k925k925kThis home vs active comparables
Live market pulseActive comparables in Kensington-Chinatown · median list $699K
$1,268this home / sqft
73active listings nearby
18days on market
100sold nearby · 90 days
$604Kmedian sold price
96%of asking, on average

This home lists 17% above the area average of $1,085/sqft.

17 days longer than the Toronto average (1 days).

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 C1
$616K
Niagara
$534K
Bay Street Corridor
$506K
Church-Yonge Corridor
$559K
Moss Park
$501K

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

Affordability & Mortgage

Affordability
$6,353/mo
$296KIncome needed
4.7×Price ÷ income
$1,466Weekly 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.

76%mortgage
Mortgage $6,353Property tax $871Condo fee $1,128Total carry $8,353

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%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 23, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,951per month

Mortgage amount $1,115,200 · 4.14% over 25 years

$278,800Down payment (20.0%)
$1,115,200Loan before insurance
$0CMHC premium
$7,950Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,951
Property tax
$871
Condo / maintenance fees
$1,128
Heating
$0
Estimated monthly cost
$7,950

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

One-time closing costs

Ontario land transfer tax
$24,355
Toronto municipal land transfer tax
$24,355
Estimated closing costs
$48,710

Plus your down payment of $278,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$7,228/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

$670,136Total interest paid
$1,785,336Total of all payments
Principal $1,115,200 Interest $670,136
YearPrincipalInterestBalance
1$26,125$45,288$1,089,075
2$27,218$44,195$1,061,857
3$28,357$43,057$1,033,500
4$29,543$41,871$1,003,957
5$30,778$40,635$973,179
6$32,066$39,348$941,113
7$33,407$38,006$907,706
8$34,804$36,609$872,902
9$36,260$35,153$836,641
10$37,777$33,636$798,864
11$39,357$32,056$759,507
12$41,003$30,410$718,504
13$42,718$28,695$675,785
14$44,505$26,908$631,280
15$46,367$25,047$584,913
16$48,306$23,107$536,607
17$50,327$21,086$486,280
18$52,432$18,981$433,848
19$54,625$16,788$379,223
20$56,910$14,503$322,312
21$59,291$12,123$263,022
22$61,771$9,643$201,251
23$64,354$7,059$136,897
24$67,046$4,367$69,851
25$69,851$1,563$0

At the end of your 5-year term

Total paid over the term
$357,067
Principal paid down
$142,021
Interest paid
$215,046
Balance remaining
$973,179

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$3,400/mo
$40,800Gross annual rent
0.9%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.

2.9%
Gross yield
− Property tax $9,758− Condo fees $13,536− Insurance $600− Vacancy & upkeep $4,488Net operating income $12,418

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

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