512-115 Denison Avenue, Toronto, ON

Kensington-Chinatown, Toronto · MLS® C13736392

$1,350,000
For Sale
Listed 47 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Garage
1000-1199Sq ft

About this home

In short

  • Welcome To Urban Sophistication At MRKT Alexandra Park, Suite 512 Seamlessly Bridges Contemporary Architecture With An Extraordinary Indoor & Outdoor Footprint On A...
  • Spanning 1,054 Square Feet Of Interior Refinement, This 2 Bedroom, 2 Bathroom Residence Features A Sun Drenched, Open Concept Floor Plan.
  • The Showpiece Of Suite 512 Is The Expansive 600 Square Foot Private Terrace, An Exceptional Open Air Haven Perfect For Alfresco Dining, Elevated Lounging, And City Views.
  • World Class Amenities Including A Rooftop Pool & Lounge.

Welcome To Urban Sophistication At MRKT Alexandra Park, Suite 512 Seamlessly Bridges Contemporary Architecture With An Extraordinary Indoor & Outdoor Footprint On A Premium Floor With 10 Foot Ceilings. Spanning 1,054 Square Feet Of Interior Refinement, This 2 Bedroom, 2 Bathroom Residence Features A Sun Drenched, Open Concept Floor Plan. The Primary Bedroom Serves As A Tranquil Sanctuary While The Generous Secondary Bedroom Offers Flexibility. The Showpiece Of Suite 512 Is The Expansive 600 Square Foot Private Terrace, An Exceptional Open Air Haven Perfect For Alfresco Dining, Elevated Lounging, And City Views. World Class Amenities Including A Rooftop Pool & Lounge. Steps From Toronto's Kensington Market, Queen West And Chinatown, MRKT Alexandra Park Is A Rare Opportunity To Live In The Cultural Epicentre Of Toronto, Surrounded By Unique Shops, Restaurants, Galleries And Parks.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13736392
Bedrooms
2
Bathrooms
2
Size
1000-1199 sq ft
Cross streets
Dundas St W & Denison Ave
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Concrete
Maintenance
$1,128/mo
Exposure
North West
Days on market
47
Listing brokerage
SOTHEBY'S INTERNATIONAL REALTY CANADA
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 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 sellers nearby are askingCurrently listed nearby in Kensington-Chinatown · asking prices
$1.10Mavg asking

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

Per square foot, these ask about $1,043/sqft; this home lists at $1,228/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
1.35MThis home1.40M1.15M999k895k1.05MThis 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.

Waterfront Communities C1
$687K
Niagara
$687K
Little Portugal
$549K
Church-Yonge Corridor
$580K
Annex
$1.03M

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
Also nearby: 12 more schools within 2.5 km
Ogden Junior Public School · Public elementary0.6 km · 69% at standard
Kensington Community School School Junior · Public elementary0.6 km · 97% at standard
Beverley School · Public elementary0.7 km
Subway Academy II · Public secondary0.7 km
Heydon Park Secondary School · Public secondary0.7 km · 8% at standard
Charles G Fraser Junior Public School · Public elementary0.7 km · 74% at standard
Oasis Alternative Secondary School · Public secondary0.7 km
Lord Lansdowne Junior Public School · Public elementary0.8 km · 85% at standard
da Vinci School · Public elementary0.8 km · 67% at standard
King Edward Junior and Senior Public School · Public elementary0.8 km · 83% at standard
Contact Alternative School School · Public secondary1.0 km
Niagara Street Junior Public School · Public elementary1.0 km · 82% at standard

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

Affordability & Mortgage

Affordability
$6,153/mo
$287KIncome needed
4.7×Price ÷ income
$1,420Weekly cost
$46,950Land 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.

76%mortgage
Mortgage $6,153Estimated property tax $844Condo fee $1,128Total carry $8,125

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 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,972per month

Mortgage amount $1,080,000 · 4.49% over 25 years

$270,000Down payment (20.0%)
$1,080,000Loan before insurance
$0CMHC premium
$7,943Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,972
Estimated property tax
$844
Condo / maintenance fees
$1,128
Heating
$0
Estimated monthly cost
$7,943

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

One-time closing costs

Ontario land transfer tax
$23,475
Toronto municipal land transfer tax
$23,475
Estimated closing costs
$46,950

Plus your down payment of $270,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%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

$711,452Total interest paid
$1,791,452Total of all payments
Principal $1,080,000 Interest $711,452
YearPrincipalInterestBalance
1$24,101$47,557$1,055,899
2$25,195$46,463$1,030,704
3$26,339$45,319$1,004,364
4$27,535$44,123$976,829
5$28,785$42,873$948,044
6$30,092$41,566$917,952
7$31,459$40,199$886,493
8$32,887$38,771$853,606
9$34,380$37,278$819,226
10$35,941$35,717$783,285
11$37,573$34,085$745,711
12$39,279$32,379$706,432
13$41,062$30,596$665,370
14$42,927$28,731$622,443
15$44,876$26,782$577,567
16$46,913$24,745$530,654
17$49,044$22,615$481,610
18$51,270$20,388$430,340
19$53,598$18,060$376,742
20$56,032$15,626$320,710
21$58,576$13,082$262,134
22$61,235$10,423$200,899
23$64,016$7,642$136,883
24$66,922$4,736$69,961
25$69,961$1,697$0

At the end of your 5-year term

Total paid over the term
$358,290
Principal paid down
$131,956
Interest paid
$226,334
Balance remaining
$948,044

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%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.

3.0%
Gross yield
− Property tax $9,450− Condo fees $13,536− Insurance $600− Vacancy & upkeep $4,488Net operating income $12,726

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SOTHEBY'S INTERNATIONAL REALTY CANADA. MLS®/PropTx.

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