TH05-51 Paul Lane Gardens, Toronto, ON

Kensington-Chinatown, Toronto · MLS® C13783454

$1,495,000
For Sale
Listed 35 days agoNo offer date stated
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3Bedrooms
3Bathrooms
2Garage
2000-2249Sq ft

About this home

In short

  • Discover & delight in all that this contemporary end-row downtown townhome-in-the-park has to offer.
  • Nestled away within a quiet parkette tucked away from the buzz of the city, this home is perfect for those seeking a discrete & quiet oasis within Toronto's vibrant...
  • This expansive & bright 3 bedroom, 2.5 bath townhome is perfect for urban professionals and growing families alike.
  • The open concept main floor's living, dining, & chef's kitchen is perfect for entertaining, while the family room below offers a retreat from the buzz of the city.
  • Additional highlights: engineered hardwood flooring throughout; ground floor entry via interior garden/parkette + super discrete secondary entry via exclusive...

Discover & delight in all that this contemporary end-row downtown townhome-in-the-park has to offer! Nestled away within a quiet parkette tucked away from the buzz of the city, this home is perfect for those seeking a discrete & quiet oasis within Toronto's vibrant downtown-west. This expansive & bright 3 bedroom, 2.5 bath townhome is perfect for urban professionals and growing families alike. The open concept main floor's living, dining, & chef's kitchen is perfect for entertaining, while the family room below offers a retreat from the buzz of the city. Additional highlights: engineered hardwood flooring throughout; ground floor entry via interior garden/parkette + super discrete secondary entry via exclusive underground 2-spot tandem parking; private fenced rear yard w/ gas hookup for summer bbqs; spectacular 3rd floor primary suite w/ 5pc ensuite bath, WIC, 2nd closet, & custom vanity. Bonus: large locker room and additional storage locker included. Amenities include a 24-hour gym and fitness space, steam rooms, sauna, and more. Steps away from highly acclaimed establishments such as Alo & Barchef; a hop away from The Well and Queen West Fashion District boutiques. Enjoy all that Queen & King West, the Entertainment/Theatre district, Kensington Market, Chinatown, and Dundas West has to offer. Future Ontario Line subway stop is around the corner + easy access to multiple LRT & tram lines + the Gardiner.

Key facts

Property type
Condo Townhouse, 3-Storey
MLS®
C13783454
Bedrooms
3
Bathrooms
3 (1 half)
Size
2000-2249 sq ft
Cross streets
Spadina Ave & Queen St W
Parking
2 garage (underground)
Basement
Finished, Separate Entrance
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$1,633/mo
Exposure
North South
Property tax
$8,540 / 2026
Days on market
35
Listing brokerage
BOSLEY REAL ESTATE LTD.

Rooms

Primary BedroomThird3.51 × 4.34 m

illuminated ceiling · large window · hardwood floor

BathroomThird2.13 × 4.34 m

5 pc ensuite · large window · soaking tub

SittingMain3.36 × 4.34 m

picture window · combined w/kitchen · hardwood floor

Living RoomMain4.12 × 4.34 m

w/o to garden · window floor to ceiling · recessed lighting

Family RoomLower3.35 × 4.34 m

walk-in closet(s) · 2 pc bath · side door

Bedroom 3Second3.58 × 3.35 m

large closet · large window · overlooks backyard

LaundryLower0.00 × 0.00 m

b/i shelves · laundry sink · tile floor

OtherThird0.00 × 0.00 m

walk-in closet(s) · custom counter · hardwood floor

KitchenMain3.36 × 4.34 m

b/i appliances · quartz counter · hardwood floor

Bedroom 2Second4.20 × 2.90 m

walk-in closet(s) · large window · overlooks garden

Dining RoomMain3.05 × 3.35 m

w/o to terrace · staircase · recessed lighting

BathroomSecond0.00 × 0.00 m

3 pc bath · tile floor

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there are not enough closely comparable recent sales nearby 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.

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.

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 · 0.3 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 elementary0.3 km · 69% at standard
Oasis Alternative Secondary School · Public secondary0.4 km
Heydon Park Secondary School · Public secondary0.7 km · 8% at standard
Beverley School · Public elementary0.8 km
Subway Academy II · Public secondary0.8 km
Charles G Fraser Junior Public School · Public elementary0.8 km · 74% at standard
Contact Alternative School School · Public secondary0.9 km
Kensington Community School School Junior · Public elementary0.9 km · 97% at standard
Niagara Street Junior Public School · Public elementary0.9 km · 82% at standard
Lord Lansdowne Junior Public School · Public elementary1.1 km · 85% at standard
da Vinci School · Public elementary1.1 km · 67% at standard
King Edward Junior and Senior Public School · Public elementary1.2 km · 83% at standard

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

Affordability & Mortgage

Affordability
$6,814/mo
$317KIncome needed
4.7×Price ÷ income
$1,572Weekly cost
$52,750Land 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.

74%mortgage
Mortgage $6,814Property tax $712Condo fee $1,633Total carry $9,158

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)
$6,613per month

Mortgage amount $1,196,000 · 4.49% over 25 years

$299,000Down payment (20.0%)
$1,196,000Loan before insurance
$0CMHC premium
$8,958Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,613
Property tax
$712
Condo / maintenance fees
$1,633
Heating
$0
Estimated monthly cost
$8,958

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

One-time closing costs

Ontario land transfer tax
$26,375
Toronto municipal land transfer tax
$26,375
Estimated closing costs
$52,750

Plus your down payment of $299,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$8,004/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

$787,867Total interest paid
$1,983,867Total of all payments
Principal $1,196,000 Interest $787,867
YearPrincipalInterestBalance
1$26,690$52,665$1,169,310
2$27,901$51,453$1,141,409
3$29,168$50,186$1,112,241
4$30,493$48,862$1,081,748
5$31,877$47,478$1,049,871
6$33,324$46,030$1,016,546
7$34,838$44,517$981,709
8$36,419$42,935$945,290
9$38,073$41,282$907,217
10$39,802$39,553$867,415
11$41,609$37,746$825,806
12$43,498$35,857$782,309
13$45,473$33,882$736,836
14$47,538$31,817$689,298
15$49,696$29,659$639,602
16$51,952$27,402$587,650
17$54,311$25,044$533,339
18$56,777$22,578$476,562
19$59,355$20,000$417,207
20$62,050$17,305$355,157
21$64,867$14,487$290,289
22$67,813$11,542$222,477
23$70,891$8,463$151,585
24$74,110$5,244$77,475
25$77,475$1,880$0

At the end of your 5-year term

Total paid over the term
$396,773
Principal paid down
$146,129
Interest paid
$250,644
Balance remaining
$1,049,871

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$6,800/mo
$81,600Gross annual rent
2.9%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.

5.5%
Gross yield
− Property tax $8,540− Condo fees $19,597− Insurance $600− Vacancy & upkeep $8,976Net operating income $43,887

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

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