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Kensington-Chinatown, Toronto
$1,579,000
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!
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Sat, Sep 12
2:00 PM – 4:00 PM
Sun, Sep 13
2:00 PM – 4:00 PM
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| Type | Semi-Detached |
| Style | 2-Storey |
| Approx. Age | 100+ |
| Size | 1500-2000 sq. ft. |
| Property Tax | $8,333 |
| Lot Size | 21.54 ft x 95.92 ft |
| mls© Number | C13751796 |
| Listed By | REMAX CONNECT REALTY |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $8,082
- Property tax
- $694
- Heat allowance
- $150
- Housing costs
- $8,926 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$275,000
gross annual household income
- Payment at 4%
- $6,645 / mo
- Cash down
- $315,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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