38 Kensington Avenue, Toronto | Image 1

38 Kensington Avenue

Toronto, Kensington-Chinatown

  • Commercial

$1,880,000
For Sale

Added 2 months ago

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  • Type: Store W/Apt/Office

  • Property Type: Commercial

  • Zoning: CR2

  • Age: 100+ years

  • Taxes: 12759.17

  • MLS®#: C9303389

  • Days on Site: 65 Days

  • Added: Sep 05, 2024 (2 months ago)

  • Updated:

  • Last Checked: 8 hours ago

  • Listed By: EXP REALTY

Discover a rare investment opportunity in the heart of Torontos vibrant Kensington Market with 38 Kensington Avenue, a freshly renovated, mixed-use commercial property featuring a prime storefront and three modern residential units. This exceptional property offers 6 bedrooms and 5 bathrooms across the three units, perfect for generating rental income or accommodating live-work arrangements. Located steps away from Kensington Market and close to Chinatown, this high-traffic location is surrounded by boutique shops, popular eateries, and cultural hotspots. Just a short distance from the University of Toronto, this property also presents excellent rental opportunities for students seeking convenient and stylish accommodations. The property includes two private parking spaces rare find in this neighbourhood. With easy access to public transit and major downtown routes, 38 Kensington Avenue is a turnkey opportunity for both investors and business owners looking to be part of one of Toronto's most dynamic areas. Don't miss out and schedule your private viewing today!

Extras

Large Backyard with Private Alleyway and 2 on-site Parking Spaces.

Property

  • Status: Sale

  • Property Type: Store W/Apt/Office

  • Property Type: Store With Apt/Office

  • Age: 100+

  • Area: Toronto

  • Community: Kensington-Chinatown

  • Availability Date: flexible

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Available

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Open

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: Outside/Surface

  • Covered Parking Spaces: 2

Fees

  • Tax Year: 2024

  • Taxes: $12,759

  • Taxes Type: Annual

Land

  • Cross Street: Spadina/Dundas St. W

  • Municipality District: Toronto C01

  • Parcel Number: 212350261

  • Lot Depth: 97 Feet

  • Lot Frontage: 16 Feet

  • Zoning: CR2

Commercial Specific

  • Retail Area: 300

  • Retail Area Metric: Sq Ft

  • Sprinklers: N

  • Total Area: 1930

  • Total Area Metric: Sq Ft

  • Office Size: 1630

  • Office Size Metric: Sq Ft

  • Area Influence: Public Transit

  • Lot Code: Building

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Map of 38 Kensington Avenue, Toronto
4-8

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