187 Augusta Avenue, Toronto, ON
Kensington-Chinatown, Toronto · MLS® C13548220
About this home
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
- 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
- 7
- Listing brokerage
- SUPERSTARS REALTY LTD.
Rooms
Combined w/Dining
4 Pc Bath
4 Pc Bath
2 Pc Bath
4 Pc Bath
Combined w/Dining
Combined w/Dining
Carpet Free
4 Pc Bath
Combined w/Dining
Listed at $1,390,000, this home is within the range of a wider set of listings, but with few close matches nearby, so worth confirming with a precise CMA. The number above is my independent estimate of value, not the asking price.
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 8 similar homes nearby, adjusted for size, beds, and baths.Median of 8 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.69M, higher than the comparables and worth a second look.
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, listed at $1.63M
- Bedrooms +$120K
- Bathrooms +$30K
- Adjusts to $1.77M
That comparable adjusts to $1.77M; the $1.53M estimate above is the median of all 8 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.
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.
On location, this is a very walkable address with everyday errands close by. Dundas St West at Denison Ave is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $1.53M, median of 8 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.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted.
- Income potential
- Value driver
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 3 closest active listings nearby.
See all comparable homesThis home lists 16% below the area average of $943/sqft.
3 days longer than the Toronto average (4 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Kensington-Chinatown, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Very WalkableA 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 Google.
Most daily errands can be done on foot.
🚉 Nearest transit: Dundas St West at Denison Ave, about 168 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Affordability & Mortgage
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.
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
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $1,112,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,934
- Property tax
- $1,026
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $6,960
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $24,275
- Toronto municipal land transfer tax
- $24,275
- Estimated closing costs
- $48,550
Plus your down payment of $278,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $356,043
- Principal paid down
- $141,613
- Interest paid
- $214,429
- Balance remaining
- $970,387
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SUPERSTARS REALTY LTD.. MLS®/PropTx.