38 Kensington Avenue, Toronto | Image 1

38 Kensington Avenue

Toronto, Kensington-Chinatown

  • Commercial

$1,830,000
For Sale

Added 1 month ago

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  • Type: Store W/Apt/Office

  • Property Type: Commercial

  • Zoning: CR2

  • Age: 100+ years

  • Taxes: 12759.17

  • MLS®#: C12010174

  • Added: Mar 10, 2025 (1 month ago)

  • Updated:

  • Last Checked: 1 month ago

  • Listed By: RE/MAX HALLMARK REALTY LTD.

Discover 38 Kensington Avenue a rare jewel in Toronto's bustling Kensington Market! This impeccably renovated, mixed-use property offers a prime commercial storefront and three modern residential units and 2 parking spaces making it a dynamic and versatile investment. Featuring 6 spacious bedrooms, 5 elegant bathrooms, and 3 well-equipped kitchens, the property is perfectly designed for generating rental income or creating unique live-work opportunities. Nestled steps from the vibrant energy of Kensington Market and a short walk from Chinatown, this high-visibility location is surrounded by trendy boutiques, renowned restaurants, and cultural landmarks. Its close proximity to the University of Toronto further enhances its appeal, presenting an excellent option for student housing or urban living with flair. Enjoy effortless connectivity to public transit and major downtown routes. With a backyard and private alleyway, this property combines charm, practicality, and opportunity. Whether you're an investor looking for turnkey returns or an entrepreneur seeking to thrive in one of Toronto's most dynamic communities, 38 Kensington Avenue is the opportunity you've been waiting for. ***OPEN HOUSE: SUNDAY, MARCH 16 FROM 12-2PM***

Property

  • Status: Sale

  • Property Type: Store W/Apt/Office

  • Property Type: Store With Apt/Office

  • Age: 100+

  • Area: Toronto

  • Community: Kensington-Chinatown

  • Assessment Year: 2024

Inside

  • Bathrooms: 5

  • Air Conditioning: N

  • Washrooms: 5

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

Additional Media

  • Virtual Tour: https://www.winsold.com/tour/391861

Commercial Specific

  • Retail Area: 300

  • Retail Area Metric: Sq Ft

  • Sprinklers: N

  • Total Area: 2230

  • 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

Downtown Vocal Music Academy of Toronto

Elementary: Public
0.31 km
JK-6

da Vinci School

Elementary: Public
0.64 km
JK-8

Beverley School

Elementary: Public
0.46 km
JK-6

Kensington Community School School Junior

Elementary: Public
0.51 km
JK-8

Lord Lansdowne Junior and Senior Public School

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0.59 km
JK-8

Ryerson Community School Junior Senior

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9-12

Oasis Alternative

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0.92 km
9-12

Subway Academy II

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9-12

Heydon Park Secondary School

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0.51 km
9-12

Contact Alternative School

Secondary: Public
0.83 km
9-12

Loretto College School

Secondary: Catholic
1.49 km
9-12

Central Technical School

Secondary: Public
1.19 km
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