| Common Elements Included |















PH04 - 115 Denison Avenue
Kensington-Chinatown, Toronto
$569,000
Tridel's MRKT Alexandra Park sits at the intersection of Chinatown, Kensington Market and Queen West, bringing together the distinct energy, culture and character of three of Toronto's most recognizable neighbourhoods. Set on the penthouse level, this south facing one bedroom offers a thoughtfully planned layout. Highly functional in its design, the suite's 10 foot ceilings and floor to ceiling windows, create a sense of space beyond its footprint. An open living and dining area, a contemporary kitchen with integrated appliances, a separate bedroom, a full bathroom and ensuite laundry complete the interior. Currently leased at $2,200.00, the suite offers immediate rental income and an accessible opportunity to invest in Toronto's condominium market. Residents enjoy access to extensive amenities, including a rooftop pool, a two-level fitness center, and 24-hour concierge. Beyond the building, independent shops, restaurants, cafes, cultural destinations and convenient transit connections are all part of the fabric of this established downtown neighbourhood. Property is being sold under Power of Sale.
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Listing History
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What the bank counts
This home's estimated carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,912
- Property tax (estimated)
- $0
- Heat allowance
- $150
- Condo fees, half counted
- $234
- Housing costs
- $3,296 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$101,000
gross annual household income
- Payment at 4%
- $2,394 / mo
- Cash down
- $113,800
Assumes no other monthly debts · 25-yr amortization
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