Listed for:Listed 4 days ago
$1,788,000

38 Kensington Avenue

Toronto (Kensington-Chinatown), ON M5T 2J9

Store W Apt/Office For Sale
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031
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Sale & Price History for 38 Kensington Avenue, Toronto, Kensington-Chinatown

No listing history available

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 38 Kensington Avenue, Toronto, Kensington-Chinatown

Summarized Description

  • Prime mixed-use property in Kensington Market.
  • Newly renovated kitchen adds modern appeal.
  • Spacious 3-bedroom suite for comfortable living.
  • Two parking spaces with rare laneway access.
  • High-exposure retail space for potential income.
  • Multiple rental units for diverse income streams.
  • Located near TTC, schools, and amenities.
  • Ideal for investors seeking long-term potential.

5 bathrooms throughout the building. The main floor features a high-exposure retail space and a rear studio unit. The second floor offers a spacious 3-bedroom suite with a newly renovated kitchen, while the basement includes a bachelor unit with a separate private entrance. Two parking spaces with laneway access provide a rare convenience in this highly desirable neighbourhood. Ideally located steps from TTC, University of Toronto, hospitals, schools, libraries, shopping, restaurants, and major amenities. An outstanding opportunity for investors seeking multiple income streams, long-term rental potential, and property ownership in one of Toronto's most vibrant and sought-after communities. Don't miss this rare chance to add a prime mixed-use property in Kensington Market to your investment portfolio!

Key Facts & Features

Property Costs

Annual Property Tax Amount
$12,741
Land Transfer Tax Fee
$64,470

Interior Features

Security Features
No
Fireplace/Stove
No
Elevator
No

Building

Building Type
Store W Apt/Office

Lot

Lot Front
16.00 ft
Lot Depth
97.00 ft

Inclusions

Inclusions
All Existing Appliances In Residential Units. All Existing Electrical Light Fixtures

Parking & Garages

Garage Type
Outside/Surface
Parking Spaces
2

Heating & Cooling

Heat Type
Gas Forced Air Closed
Air Conditioning
No
Water
Municipal

Municipality
Toronto
Neighbourhood
Kensington-Chinatown
Main cross streets
Spadina & Dundas W
Zoning
CR2
Directions
North West of Dundas W/Spadina

MLS® number
C14092768
Data source
Toronto Regional Real Estate Board
Listed on
2026-10-19
Updated on
2026-10-19
Days on market
4 days
Possession date
2026-11-18
Possession type
Flexible
Co-op commission
2.5%
Seller
Listed by
HOMELIFE NEW WORLD REALTY INC.

Home Market Value

Current home valuation for 38 Kensington Avenue, Toronto, Kensington-Chinatown, Toronto, ON. Listed for $1,788,000

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 38 Kensington Avenue, Toronto, Kensington-Chinatown

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

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Mortgage Payment Calculator

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Toronto, ON
Minimum Down Payment Required:20.0%

20% required for homes $1.5M or more

Minimum down payment

$357,600

Scenario 1 Scenario 2 Scenario 3 Scenario 4
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+CMHC insurance
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=Total mortgage
$1,430,400$1,341,000$1,251,600$1,162,200
Amortization
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Payment frequency
=Mortgage payment
$6,984monthly$6,547monthly$6,111monthly$5,674monthly
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Land Transfer Tax

Provincial

$32,235

Municipal (Toronto)

$32,235

Total Land Transfer Tax

$64,470

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10/100Almost All Errands Require a Car
0/100Minimal Transit
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