For Sale

38 Kensington Avenue, Toronto (Kensington-Chinatown), Ontario M5T2J9

$1,880,000

38 Kensington Avenue, Toronto (Kensington-Chinatown), Ontario M5T2J9 is For Sale and has a listing price of 1,880,000. The property is located in the Kensington neighbourhood. It's been on the website for 23 Days.

  • Retail
    Property Type
  • Residential Commercial Mix
    Building Type
  • 2
    Parking Spaces
  • MLS ID: C9303389
  • Office Name EXP REALTY,EXP REALTY
Property Description

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. (id:43137)

Property Details
  • MLS ID: C9303389
  • Price: $1,880,000
  • Transaction Types: For Sale
  • Ref ID: 27375463
  • Year Built: N/A
  • Building Type: Residential Commercial Mix
  • Property Type: Retail
  • Property Type: Commercial
  • Property Sub Category: Retail
Price History
List Date MLS ID List Price Status End Date Closed Price
09/06/2024 C9303389 $1,880,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Kensington
  • $1,139,324 Average List Price
    based on 1 year
  • 9 New Listings
    based on 30 days
  • 20 Median Days on Market
    based on 1 year
  • List vs. Selling Price 2.76 % Up
  • Sold (12mo) 13
  • Rented (12mo) 84

  • 1 Month Change -100.0%
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
Property Type Distribution
  • All Houses
    28.63%
  • Commercial
    27.63%
  • Condo
    43.31%
  • Land for Sale
    0.43%
Additional Details
  • Heat Source Natural Gas
  • Heating System Other
  • Water Municipal Water
  • Cooling System Fully Air Conditioned
  • Total Parking Spaces: 2
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 06/09/2024 00:00:00
  • Zoning Condominium
  • Agent Name: QIANG CALVIN CHEN,NIGEL WONG
  • Last Updated: 08/02/2025 00:59:50
Open House Dates
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