Real Estate for Rent in Kensington-Chinatown, Toronto, ON

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Neighbourhood in Toronto

Kensington-Chinatown

vibrant diverse community-focused

Kensington-Chinatown is a vibrant neighbourhood in Toronto. It is known for its diverse culture and lively atmosphere.

High walkability score of 91 Rich variety of restaurants and cafes Strong immigrant community Close to public transit options Many parks and playgrounds available

At a glance

Photo of Unit Garden Suite, 23 Ross Street
For RentNew Listing
Listed for:

Listed 1 day ago

$2,750

Unit Garden Suite, 23 Ross Street

Toronto (Kensington-Chinatown), ON M5T 1Z8

0Bedrooms
1Bathroom
0Garage
< 700Sq Ft

Semi-DetachedFor Rent

Photo of Unit 3811, 488 University Avenue
For RentNew ListingPanoramic Views
Listed for:

Listed 1 day ago

$3,150

Unit 3811, 488 University Avenue

Toronto (Kensington-Chinatown), ON M5G 0C1

1 + 1Bedrooms
1Bathroom
0Parking
600-699Sq Ft

Condo ApartmentFor Rent

Photo of Unit 605, 80 Vanauley Street
For RentNew ListingCity ViewHot Tub
Listed for:

Listed 1 day ago

$3,800

Unit 605, 80 Vanauley Street

Toronto (Kensington-Chinatown), ON M5T 0C9

2Bedrooms
2Bathrooms
1Parking
900-999Sq Ft

Condo ApartmentFor Rent

Photo of Unit 306, 15 Beverly Street
For RentNew Listing
Listed for:

Listed 2 days ago

$2,500

Unit 306, 15 Beverly Street

Toronto (Kensington-Chinatown), ON M5T 0B3

1Bedroom
1Bathroom
0Parking
600-699Sq Ft

Common Element CondoFor Rent

Photo of Unit 1325, 121 St Patrick Street
For RentNew Listing
Listed for:

Listed 2 days ago

$2,300

Unit 1325, 121 St Patrick Street

Toronto (Kensington-Chinatown), ON M5T 0B8

1Bedroom
1Bathroom
0Parking
500-599Sq Ft

Condo ApartmentFor Rent

Photo of Unit 1a, 45 Bellevue Avenue
For RentNew Listing
Listed for:

Listed 2 days ago

$3,200

Unit 1a, 45 Bellevue Avenue

Toronto (Kensington-Chinatown), ON M5T 2N5

2Bedrooms
1Bathroom
0Garage
700-1.1KSq Ft

Freehold TownhouseFor Rent

Day to dayLivability

91

Walkability

out of 100 · averaged over 114 past and present listings

Average walk score reported on listings here

6.9

Schools near listings

out of 10 · averaged over 4,598 past and present listings

Fraser Institute ratings within 2 km of each listing, closer schools weighted more

Each score is an average over this area's own listings and is shown only where at least 5 of them carry one. Scores are reported by listing agents, not measured by HOMEH.

What it costsAffordability

Median asking price

$780,000

13% above Toronto 9% above Ontario

In Kensington-Chinatown

$780,000

In Toronto

$689,950

In Ontario

$717,000

Median monthly rent

$2,800/mo

On par with Toronto 12% above Ontario

In Kensington-Chinatown

$2,800

In Toronto

$2,800

In Ontario

$2,500

$1,523

Per square foot

≈ 23.2 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

125

Median $780,000

Condos 88 · Houses 37

For rent

117

Median $2,800

Condos 69 · Houses 47

Recently sold

Sign in to see sold data

Recently leased

Sign in to see leased data

Market data as of 2026-10-10. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.

The honest readPros & cons

What people love

  • Diverse dining options and cultural experiences
  • Good access to public transportation
  • High percentage of renters allows flexibility
  • Lively community with many amenities

Keep in mind

  • Higher median sale prices than the city median
  • Rental prices are at the city median level

The feel of the placeLifestyle

Daily life here is active and community-oriented, with many local events and gatherings. Residents enjoy a mix of urban living and cultural experiences.

Great for young professionals students first-time buyers

Within the boundaryWhat's nearby

The boundary

1.5 km²

Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.

20

Parks

24

Playgrounds

42

Transit stations

11

Grocery stores

213

Restaurants

69

Cafés

6

Gyms

6

Libraries

14

Pharmacies

Counted across all 1.5 km² of Kensington-Chinatown. From OpenStreetMap, as of 2026-10-12.

The schoolsWhich schools, and how they rate

6.2/10

Average rating of the 3 rated schools in this area

9

Elementary

4

Secondary

  • Ogden Junior Public School

    Public · Grades JK–6 · Toronto DSB

    7.6/10

    516th of 3,045 Ontario elementary schools

    230 students · EQAO 2024-2025

  • Orde Street Public School

    Public · Grades JK–8 · Toronto DSB

    7.1/107.8 over 5 yrs

    808th of 3,045 Ontario elementary schools

    455 students · EQAO 2024-2025

  • Ryerson Community School Junior Senior

    Public · Grades JK–8 · Toronto DSB

    3.8/104.8 over 5 yrs

    2,642nd of 3,045 Ontario elementary schools

    335 students · EQAO 2024-2025

  • Beverley School

    Public · Grades JK–8 · Toronto DSB

    Not rated

    75 students

  • Braemar College

    Independent

    Not rated

  • Contact Alternative School School

    Public · Grades 9–12 · Toronto DSB

    Not rated

    60 students

Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Kensington-Chinatown, not a catchment — most Ontario boards do not publish attendance boundaries, and we will not draw a line we cannot source. Confirm enrolment with the school board before you buy.

The peopleWho lives here

18,597

Population (2021)

1.5 km²

Area

12,247

People per km²

37

Median age

$64,108

Median income

32%

Own their home

2

People per household

9,515

Households

Every age

  • Children (under 15)6.8%
  • Working age (15–64)77.0%
  • Seniors (65+)16.1%

What is built here

  • Detached houses0.6%
  • Semi-detached2%
  • Townhouses5.6%
  • Duplexes2.2%
  • Low-rise apartments29.5%
  • High-rise apartments59.1%
  • Other attached homes0.6%

Own or rent

32%Owners

68%Renters

Across 9,515 households

When it was built

Mostly 1960 or earlier

  • 1960 or earlier26%
  • 1961–198024%
  • 1981–199013%
  • 1991–20007%
  • 2001–20053%
  • 2006–20104%
  • 2011–20158%
  • 2016–202113%

Share of occupied homes, by the era they were built in. Bars are drawn against the busiest era, not against each other, because the eras are not the same length. The eight shares are unlikely to total exactly 100: Statistics Canada rounds each era's count to the nearest 5 before publishing it, so we print what the census reports rather than adjusting a figure to make the column add up.

42.4%
Born outside Canada
46.1%
Hold a degree or higher
51.5%
Employment rate
24%
Commute by transit
22.7%
Commute by car
1.5
Children per family
$57,281
Median income after tax
$89,853
Average household income
23%
Living on a low income
$1,513/mo
Renters pay, per month
$1,620/mo
Owners pay, per month
$937,649
Median home value at census
43.4%
Renters spending 30%+ of income on housing
34.2%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 31 census areas inside the boundary. Medians and rates are a population-weighted average of dissemination-area figures.

Sources: HOMEH listings, Statistics Canada, Census of Population 2021, OpenStreetMap, HOMEH school registry

HOMEH Market Pulse Through September 2026 Deep sales history

What homes in Kensington-Chinatown actually rent for

1,278 homes were leased in Kensington-Chinatown over the 12 months to September 2026. Half leased above $2,549 and half below, 2.2% higher than the 12 months before. A typical home found its tenant in 17 days — 2 days quicker than a year ago.

Median rent
$2,549
+2.2% year over year
Days to lease
17
2 days quicker
Leases closed
1,278
last 12 months
Rent per square foot
$4.08/mo
from 965 sized leases

Three years of rents

The line is the median. The band is the middle half of every lease — how wide it runs tells you how much one home here differs from the next.

$5,312$3,803$2,294$785
Oct ’23Oct ’24Sep ’25Sep ’26
Median rent Middle half of leases

What renters actually paid

$3,000/mo

on a $3,000 asking rent — right at the asking rent

−10%Asking rent+10%
Of the asking rent
100.0%
Leased over asking
10%

From 1,278 leases that closed here in the last 12 months.

Rent or buy in Kensington-Chinatown

21.4 years

of rent, at the going rate here, adds up to what a home here costs.

Median sold price

$653,829

154 sales

Median rent

$2,549/mo

1,278 leases

Gross rental yield

4.68%

before costs

Both figures come from deals that actually closed in Kensington-Chinatown over the last 12 months. Gross yield is annual rent divided by price; it does not account for taxes, fees, maintenance, vacancy or financing.

What actually rents in Kensington-Chinatown

A single median hides this: the mix of homes behind it, and what each kind costs.

1,278leases
  • Condo apartment$2,56082.5%
  • Other kinds of home$2,2786.2%
  • Multiplex$2,5352.6%
  • Freehold town$3,3000.4%
  • Other kinds, too few of each —8.3%

How fast it moves

Median days on market, month by month. Taller means slower.

Oct 2024Sep 2026

Terracotta marks the last 12 months.

Every month behind these charts — Kensington-Chinatown, rentals
Monthly closed leases in Kensington-Chinatown
MonthClosedMedianMiddle halfDays% of ask
Sep 202685$2,500$2,250 – $3,00013100.0%
Aug 2026145$2,800$2,325 – $3,50014100.0%
Jul 2026199$2,750$2,300 – $3,40013100.0%
Jun 2026141$2,500$2,250 – $3,00014100.0%
May 202698$2,600$2,200 – $3,30017100.0%
Apr 2026109$2,349$2,100 – $2,85020100.0%
Mar 2026123$2,600$2,163 – $3,32522100.0%
Feb 202672$2,475$2,150 – $3,25019100.0%
Jan 202689$2,400$2,100 – $3,20019100.0%
Dec 202558$2,388$2,200 – $2,83825100.0%
Nov 202576$2,300$2,200 – $2,60018100.0%
Oct 202583$2,450$2,250 – $3,02518100.0%
Sep 202586$2,550$2,250 – $3,25014100.0%
Aug 2025200$2,700$2,350 – $3,30013100.0%
Jul 2025224$2,500$2,200 – $3,01311100.0%
Jun 2025129$2,800$2,300 – $3,25024100.0%
May 202598$2,750$2,350 – $3,18822100.0%
Apr 2025110$2,650$2,313 – $3,13820100.0%
Mar 2025108$2,665$2,238 – $3,30022100.0%
Feb 2025125$2,250$2,000 – $2,80021100.0%
Jan 2025123$2,275$2,074 – $2,92526100.0%
Dec 2024131$2,100$1,950 – $2,57023100.0%
Nov 202483$2,200$2,000 – $2,52520100.0%
Oct 202483$2,350$2,150 – $2,88819100.0%
Sep 2024110$2,400$2,200 – $3,10018100.0%
Aug 2024213$2,699$2,250 – $3,40023100.0%
Jul 2024122$2,650$2,350 – $3,27533100.0%
Jun 202469$2,700$2,300 – $3,40038100.0%
May 202457$2,740$2,338 – $5,00044100.0%
Apr 202439$2,494$1,600 – $3,47546100.0%
Mar 202427$2,623$1,098 – $4,21350100.0%
Feb 202425$2,678$2,375 – $3,25052100.0%
Jan 202438$2,650$2,400 – $2,80013100.0%
Dec 202352$2,563$2,175 – $2,86324100.0%
Nov 202346$2,650$2,450 – $3,00017100.0%
Oct 202354$2,800$2,500 – $3,50012100.0%

What people ask about Kensington-Chinatown

How much does a home cost in Kensington-Chinatown?

Homes in Kensington-Chinatown sold for a median of $653,829 over the 12 months to September 2026, across 154 closed sales — half sold for more and half for less. That is 9.2% lower than the 12 months before it.

How long does it take to sell a home in Kensington-Chinatown?

A home in Kensington-Chinatown took a median of 36 days on the market over the 12 months to September 2026. Homes there closed at 95.7% of the asking price on average, with 7.1% selling over asking.

How much is rent in Kensington-Chinatown?

The median lease in Kensington-Chinatown closed at $2,549 a month over the 12 months to September 2026, across 1,278 leases.

Is it cheaper to rent or buy in Kensington-Chinatown?

A home in Kensington-Chinatown costs about 21.4 years of the rent on one — the median price of $653,829 against a median rent of $2,549 a month, a gross yield of 4.68%. The shorter that number, the closer buying is to renting before financing costs.

Compiled by HOMEH from leases reported closed in Kensington-Chinatown on the Toronto Regional Real Estate Board MLS® System, through September 2026. Medians are taken over closed prices, not asking prices. Per-square-foot figures use the midpoint of the banded floor-area range MLS® carries, so they describe the group and not any one home. Not an appraisal or an opinion of value.

Condos in Kensington-Chinatown

A condo here is its own market

Half the condo apartments that changed hands in Kensington-Chinatown over the 12 months to September 2026 sold above $588,904. Condos were 75% of everything that closed here, so there is no freehold market in Kensington-Chinatown to read that number against.

Median condo sold price
$589K
116 closed sales
Median condo rent
$2,560/mo
1,054 leases
Days to sell
43
median, condo apartments
Share of all sales
75%
of everything that closed here