6 Littlehayes Lane, Toronto, ON
Kensington-Chinatown, Toronto · MLS® C13662606
About this home
In short
- Every King/Queen of Kensington Needs a Palace To Call Their Own.
- Introducing 6 Littlehayes Lane - An Iconic Architectural 5 Level, Loft-Like Laneway Gem In The Heart Of Vibrant Kensington Market.
- Generating Over $103,000 In Annual Rental Income, This Zoned Commercial/Residential, Live/Work Property Is Well-Suited For A Variety Of Uses: For Business, Family...
- You Will Love The Mesmerizing Panoramic Views Of The City Skyline From The Rooftop, Complete With A 7-Person Hot Tub - The Perfect Spot For Entertaining.
- Did We Mention The Wood-Burning Fireplace On The 3rd Floor?
Every King/Queen of Kensington Needs a Palace To Call Their Own. Introducing 6 Littlehayes Lane - An Iconic Architectural 5 Level, Loft-Like Laneway Gem In The Heart Of Vibrant Kensington Market. Generating Over $103,000 In Annual Rental Income, This Zoned Commercial/Residential, Live/Work Property Is Well-Suited For A Variety Of Uses: For Business, Family, Investors Or Live-In & Collect Rent. A Truly New York-Style Multi-Unit Space Offering. You Will Love The Mesmerizing Panoramic Views Of The City Skyline From The Rooftop, Complete With A 7-Person Hot Tub - The Perfect Spot For Entertaining. Did We Mention The Wood-Burning Fireplace On The 3rd Floor? Truly A One-Of-A-Kind Opportunity. Monthly Rental Parking May Be Available Nearby.
Key facts
- Property type
- Detached, 3-Storey
- MLS®
- C13662606
- Bedrooms
- 3+1 (4 total)
- Bathrooms
- 3
- Size
- 2000-2500 sq ft
- Lot
- 20.16 × 26.83 ft
- Cross streets
- Spadina/Baldwin
- Parking
- 0 parking
- Driveway
- None
- Basement
- Finished
- Kitchens
- 3 (2 + 1)
- Heating
- Radiant
- A/C
- Wall Unit(s)
- Exterior
- Brick, Stucco (Plaster)
- Foundation
- Concrete
- Roof
- Flat
- Sewer
- Sewer
- Property tax
- $7,021 / 2026
- Days on market
- 31
- Listing brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Rooms
3 Pc Bath
Combined w/Dining
Combined w/Living
Combined w/Office
Listed at $1,799,000 with no offer date, so the ask is the seller’s number, and homes priced this way sell close to it. My read is $1.77M, typically $1.56M to $2.14M. Comparable closings on their own put this home around $1.69M, which agrees with the ask, so this is a firm read.
Second read, from the city assessment: $1.26M. That is about 26% below the comparable-sales figure. When my two methods disagree this much, the answer usually sits between them and something about this home is not in the comparables (the lot, the condition, a rebuild). I would want to see it before leaning on either number.
Total price vs nearby homes. Fair value about $1.77M, median of 6 comparables.
The market behind the math:
Price per square foot: this home lists at $800/sqft against an area asking average of $956/sqft. Size and $/sqft both feed the estimate above.
How this estimate is builtthe short version
I take the 6 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, lot frontage, a ravine backing, an inground pool), then use the median, which is steadier than leaning on any single sale.
It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $1.26M, lower than the comparables and worth a second look.
Schools & getting aroundcatchment and transit
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.
Read this with carewhy it’s an estimate, not an appraisal
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 6 comparable homes that sold in Kensington-Chinatown over the past two years, from 6 closings there.
Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $1.69M, which is where my estimate comes from.
Per square foot, these ask about $970/sqft; this home lists at $800/sqft. Size is part of the price story, not just the sticker.
The 3 closest active listings nearby.
See all comparable homesNeighbourhood & location
Kensington-Chinatown, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
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.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 4.09% via Ratehub.ca (as of September 11, 2026); conventional rates run a little higher.
Mortgage amount $1,439,200 · 4.24% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $7,759
- Property tax
- $585
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $8,344
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $32,455
- Toronto municipal land transfer tax
- $32,455
- Estimated closing costs
- $64,910
Plus your down payment of $359,800. 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
- $465,533
- Principal paid down
- $181,134
- Interest paid
- $284,399
- Balance remaining
- $1,258,066
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 numbersThe last 5 whole-home leases in Kensington-Chinatown signed at a median of $4,500 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $5,000. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE SIGNATURE REALTY. MLS®/PropTx.