$1,579,000 - 29 Denison Avenue, Downtown Toronto
Semi-Detached for Sale in Downtown Toronto
Neighbourhood: Kensington-Chinatown
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- MLS Number
- C13751796
- Property Type
- Semi-Detached
- Status
- active
- Days on Site
- 29
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Taxes (2026)
- $8,333
- Listing Brokerage
- REMAX YOUR COMMUNITY REALTY
Welcome to 29 Denison Ave! This rare opportunity in the heart of downtown Toronto delivers style, space and incredible versatility just steps from Queen West and Kensington Market. Currently configured as two separate units, this beautifully updated home offers the flexibility to generate rental income, accommodate multi-generational living, or transform it into a spectacular single-family residence.The main suite is designed to impress, featuring two spacious bedrooms, two bathrooms and a stunning custom kitchen equipped with high-end Bertazzoni gas range and stainless steel appliances. The showpiece rear addition boasts soaring vaulted ceilings and skylights, filling the space with natural light and creating the perfect setting for everyday living and entertaining. Extra comfort with the heated floors in the kitchen/living room and lower level. Built-in speakers elevate the experience, while the private backyard deck offers the perfect place to unwind with views of the CN Tower. The underpinned lower level adds an impressive amount of functional living space, with enhanced ceiling height and flood protection. Complete with a 4-piece bathroom featuring an oversized shower, custom closet space, stacked laundry and a generous living area with bar, this level offers incredible flexibility as a primary retreat, family room, guest suite or additional entertaining space. Upstairs, a fully self-contained one-bedroom apartment features a large bedroom with city views, spacious living and dining areas, in-suite laundry and an updated kitchen with gas stove and full-size appliances. The generous layout also provides potential to create additional bedrooms. Exceptionally rare downtown feature: a detached 2-car garage offering both secure parking and additional storage! All of this in one of Toronto's most sought-after pockets, surrounded by some of the best restaurants, cafés and shops of Queen West and Kensington Market. This is downtown living at its best!
Estimate your monthly payments for this property
Estimated Payment
$6,984.45/mo
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.
29 Denison Avenue, Downtown Toronto / Waterfront
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Rental income estimator & ROI calculator
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
Fair Market Value
At $1053/sqft, this property is priced in line with current Downtown Toronto market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Market Position
At 29 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Detached Home Advantages
Detached homes in Downtown Toronto are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Downtown Toronto. Good resale value as demand remains consistent.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
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.