187 Augusta Avenue, Toronto, ON

Kensington-Chinatown, Toronto · MLS® C13548220

$1,469,000
For Sale
Listed 101 days agoNo offer date statedSitting longer than typical
Request a showing
◎ Directions
7Bedrooms
4Bathrooms
1Parking
1500-2000Sq ft

About this home

In short

  • Prime Investment in Downtown Toronto.
  • Spacious 2 1/2 Storey Semi-Detached Home with over 2,000 + Sq. ft. of living space (including basement) Main Floor, Bright and open layout, ideal for retail, office...
  • Finished Basement: Additional living or income potential with a separate entrance.

Prime Investment in Downtown Toronto. Don't miss this rare opportunity to won a charming semi-detached house in the heart of Kensington Chinatown, one of Toronto's most dynamic and culturally rich neighbourhoods, perfect for investors, entrepreneurs, or those seeking a prime live/work space in the city. Spacious 2 1/2 Storey Semi-Detached Home with over 2,000 + Sq. ft. of living space (including basement) Main Floor, Bright and open layout, ideal for retail, office, or residential conversion. Upper Levels: Flexible living space use as a single-family home, multi-unit rental, or live-work setup. Finished Basement: Additional living or income potential with a separate entrance. Private Driveway Parking (a rare find in this area!) Large Backyard, perfect for outdoor space, storage, or future expansion. Zoned for Mixed Uses, explore commercial, residential, or hybrid opportunities. Steps from Kensington Market, Moments from Chinatown, boasting top restaurants, shops, and services. Walking distance to UofT, OCAD, Ryerson, and George Brown College, Easy access to TTC (Spadina/College & Dundas Streetcar), Subway and Bike Lanes, surrounded by year round festivals, markets, and entertainment. High rental demand from students, young professionals, and businesses. Tourist & foot traffic hotspot, ideal for retail, cafe or creative workspace.

Key facts

Property type
Semi-Detached, 2 1/2 Storey
MLS®
C13548220
Bedrooms
7
Bathrooms
4 (1 half)
Size
1500-2000 sq ft
Lot
16 × 111 ft
Cross streets
Spadina Avenue and Dundas Street West
Parking
1 parking
Driveway
Front Yard Parking
Basement
Walk-Up, Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Unknown
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$12,310 / 2025
Days on market
101
Listing brokerage
SUPERSTARS REALTY LTD.

Rooms

Bedroom 2Second1.02 × 0.75 m
KitchenSecond1.07 × 1.13 m

Combined w/Dining

BathroomBasement0.57 × 0.45 m

4 Pc Bath

BedroomMain1.25 × 0.76 m
BathroomSecond0.70 × 0.45 m

4 Pc Bath

BathroomSecond0.45 × 0.38 m

2 Pc Bath

Living RoomSecond1.39 × 1.27 m
BathroomMain0.75 × 0.46 m

4 Pc Bath

BedroomSecond1.43 × 0.87 m
KitchenBasement1.90 × 1.31 m

Combined w/Dining

BedroomThird1.31 × 1.19 m
KitchenSecond1.55 × 1.03 m

Combined w/Dining

Living RoomMain2.98 × 1.09 m

Carpet Free

Bedroom 2Third1.11 × 0.88 m
Bedroom 2Basement0.88 × 0.92 m
BathroomSecond0.54 × 0.35 m

4 Pc Bath

KitchenMain1.13 × 1.08 m

Combined w/Dining

BedroomBasement0.96 × 0.96 m
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

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.

What sellers nearby are askingCurrently listed nearby in Kensington-Chinatown · asking prices
$1.69Mavg asking

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

Per square foot, these ask about $827/sqft; this home lists at $839/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
1.47MThis home1.50M1.89M1.60M1.99M1.50MThis home vs active comparables

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
Annex
$2.07M
Wychwood
$1.14M
Corso Italia-Davenport
$899K
South Riverdale
$1.22M

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 · 0.6 km awayBelow the GTA average · 67% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Ryerson Community School Junior Senior · Public elementary0.3 km · 52% at standard
Kensington Community School School Junior · Public elementary0.5 km · 97% 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
Lord Lansdowne Junior Public School · Public elementary0.6 km · 85% at standard
Ogden Junior Public School · Public elementary0.6 km · 69% at standard
Charles G Fraser Junior Public School · Public elementary0.9 km · 74% at standard
Contact Alternative School School · Public secondary0.9 km
ALPHA Alternative Junior School · Public elementary0.9 km
Oasis Alternative Secondary School · Public secondary0.9 km
Orde Street Public School · Public elementary0.9 km · 76% at standard

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

Affordability & Mortgage

Affordability
$6,695/mo
$293KIncome needed
5.0×Price ÷ income
$1,545Weekly cost
$51,710Land 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.

87%mortgage
Mortgage $6,695Property tax $1,026Total carry $7,721

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%
$
%
4.49%
%
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)
$6,498per month

Mortgage amount $1,175,200 · 4.49% over 25 years

$293,800Down payment (20.0%)
$1,175,200Loan before insurance
$0CMHC premium
$7,524Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,498
Property tax
$1,026
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,524

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

One-time closing costs

Ontario land transfer tax
$25,855
Toronto municipal land transfer tax
$25,855
Estimated closing costs
$51,710

Plus your down payment of $293,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$7,865/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

$774,165Total interest paid
$1,949,365Total of all payments
Principal $1,175,200 Interest $774,165
YearPrincipalInterestBalance
1$26,225$51,749$1,148,975
2$27,416$50,558$1,121,558
3$28,661$49,314$1,092,897
4$29,962$48,012$1,062,935
5$31,323$46,652$1,031,612
6$32,745$45,230$998,867
7$34,232$43,743$964,636
8$35,786$42,189$928,850
9$37,411$40,564$891,439
10$39,109$38,865$852,330
11$40,885$37,090$811,445
12$42,741$35,233$768,703
13$44,682$33,293$724,021
14$46,711$31,264$677,310
15$48,832$29,143$628,479
16$51,049$26,926$577,430
17$53,367$24,608$524,063
18$55,790$22,185$468,274
19$58,323$19,652$409,951
20$60,971$17,004$348,980
21$63,739$14,235$285,241
22$66,633$11,341$218,608
23$69,659$8,316$148,949
24$72,821$5,153$76,128
25$76,128$1,847$0

At the end of your 5-year term

Total paid over the term
$389,873
Principal paid down
$143,588
Interest paid
$246,285
Balance remaining
$1,031,612

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$3,150/mo
$37,800Gross annual rent
1.4%Cap rate after taxes and upkeep

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 $12,310− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $19,932

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

CallRequest a showing