3 Wales Avenue
Kensington-Chinatown, Toronto
$1,598,000
Rarely Offered Renovated Home in a Prime Wales Avenue Location! Perfectly positioned directly across from the park, offering beautiful unobstructed green space views through expansive, sun-filled windows. Featuring soaring ceilings, an abundance of natural light, and spacious, thoughtfully designed living areas ideal for both everyday comfort and effortless entertaining. Chef's Kitchen walk-out to stunning private backyard terrace oasis, perfect for outdoor dining, relaxing, and hosting guests. Enjoy spectacular CN Tower and city skyline views from the upper floors. A rare opportunity to own a beautifully renovated home combining style, space, and an exceptional park-side setting in one of Toronto's vibrant urban neighbourhoods. Steps to all the actions!
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Listing History
Schools
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $8,179
- Property tax
- $611
- Heat allowance
- $150
- Housing costs
- $8,941 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$275,000
gross annual household income
- Payment at 4%
- $6,725 / mo
- Cash down
- $319,600
Assumes no other monthly debts · 25-yr amortization
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