$999,000 - 14 Kensington Place, Downtown Toronto
Townhouse for Sale in Downtown Toronto
Popular ListingNeighbourhood: Kensington-Chinatown
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- MLS Number
- C13818916
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 14
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Taxes (2026)
- $5,126
- Listing Brokerage
- ENGEL & VOLKERS TORONTO CITY
A truly unique opportunity in the heart of Kensington Market. Tucked away on charming Kensington Place, this distinctive 2 1/2 storey freehold row home offers 3 bedrooms, 2 bathrooms and an open-concept main floor with gas fireplace. The functional kitchen features stone countertops and subway tile backsplash, with a walkout to a private garden and deck. The third-floor bedroom also features a walkout to its own deck. City-approved permit and plans are available for a proposed one-storey rear addition with deck above, partial basement underpinning and front basement walkout, offering future expansion potential.Set within the Kensington Market Heritage Conservation District, the home forms part of a historic row dating from before 1889, adding to the character and charm of this unique downtown setting.Steps to Kensington Market, Chinatown, U of T, AGO, TTC, restaurants, cafés, parks, schools, library and community recreation facilities, with the future Ontario Line Chinatown Station at Queen & Spadina adding another rapid-transit connection to the neighbourhood. The area continues to benefit from significant public and private investment, including planned road and watermain renewal on surrounding Kensington Market streets, wider sidewalks, improved pedestrian infrastructure and a future pedestrianization pilot, with phased construction currently expected to begin in spring 2027. Nearby residential developments and planned public-space improvements further reflect continued investment in this vibrant downtown community. A special home with character, privacy and an exceptional walkable location.
Estimate your monthly payments for this property
Estimated Payment
$5,125.39/mo
Includes CMHC insurance ($27,872)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Kensington-Chinatown
Kensington-Chinatown is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Kensington-Chinatown
- •Convenient location in Downtown Toronto / Waterfront
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Kensington-Chinatown offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
14 Kensington Place, Downtown Toronto / Waterfront
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Premium Pricing
At $1427/sqft, this property is priced above the Downtown Toronto average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Townhouse Benefits
Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Downtown Toronto have shown strong appreciation as families seek more space.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
About Kensington-Chinatown
I know Kensington-Chinatown well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
Investment Perspective
Looking at this as an investment: Downtown Toronto properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $4,163 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.