Condos 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 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 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 3901, 238 Simcoe Street
For RentNew Listing
Listed for:

Listed 2 days ago

$2,200

Unit 3901, 238 Simcoe Street

Toronto (Kensington-Chinatown), ON M5T 0E2

1Bedroom
1Bathroom
0Parking
0-499Sq Ft

Condo ApartmentFor Rent

Photo of Unit 503, 15 Beverley Street
For RentNew ListingPrivate Terrace
Listed for:

Listed 2 days ago

$2,800

Unit 503, 15 Beverley Street

Toronto (Kensington-Chinatown), ON M5T 0B3

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

Condo ApartmentFor Rent

Photo of Unit 2308, 210 Simcoe Street
For RentNew Listing
Listed for:

Listed 2 days ago

$2,900

Unit 2308, 210 Simcoe Street

Toronto (Kensington-Chinatown), ON M5T 0A9

2Bedrooms
1Bathroom
0Parking
700-799Sq Ft

Condo ApartmentFor 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 Condo apartments only Through September 2026 Deep sales history

What condos in Kensington-Chinatown actually rent for

1,054 condos were leased in Kensington-Chinatown over the 12 months to September 2026. Half leased above $2,560 and half below, 3.4% higher than the 12 months before. A typical condo found its tenant in 16 days — 2 days quicker than a year ago.

Median rent
$2,560
+3.4% year over year
Days to lease
16
2 days quicker
Leases closed
1,054
last 12 months
Rent per square foot
$4.12/mo
from 815 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 condo here differs from the next.

$3,730$3,102$2,474$1,846
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
9.6%

From 1,054 leases that closed here in the last 12 months.

Rent or buy in Kensington-Chinatown

19.2 years

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

Median sold price

$588,904

116 sales

Median rent

$2,560/mo

1,054 leases

Gross rental yield

5.22%

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.

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 202672$2,575$2,300 – $3,07512100.0%
Aug 2026115$2,800$2,338 – $3,40012100.0%
Jul 2026166$2,825$2,400 – $3,43813100.0%
Jun 2026116$2,500$2,250 – $3,00014100.0%
May 202678$2,600$2,296 – $3,25016100.0%
Apr 202685$2,300$2,100 – $2,85019100.0%
Mar 2026114$2,600$2,200 – $3,30022100.0%
Feb 202664$2,475$2,169 – $3,26318100.0%
Jan 202665$2,400$2,150 – $3,20017100.0%
Dec 202550$2,388$2,200 – $2,70024100.0%
Nov 202563$2,300$2,200 – $2,57517100.0%
Oct 202566$2,400$2,250 – $2,98818100.0%
Sep 202572$2,550$2,294 – $3,30014100.0%
Aug 2025165$2,700$2,350 – $3,29712100.0%
Jul 2025195$2,450$2,200 – $3,00011100.0%
Jun 2025114$2,825$2,300 – $3,20022100.0%
May 202582$2,750$2,350 – $3,12522100.0%
Apr 202591$2,600$2,350 – $2,98818100.0%
Mar 202594$2,685$2,263 – $3,28822100.0%
Feb 2025110$2,250$2,050 – $2,78819100.0%
Jan 2025111$2,275$2,100 – $2,85024100.0%
Dec 2024122$2,100$1,976 – $2,51522100.0%
Nov 202475$2,150$2,000 – $2,42519100.0%
Oct 202475$2,300$2,150 – $2,80020100.0%
Sep 2024101$2,400$2,200 – $3,10017100.0%
Aug 2024171$2,650$2,275 – $3,40025100.0%
Jul 2024104$2,650$2,350 – $3,12531100.0%
Jun 202452$2,675$2,338 – $3,41338100.0%
May 202443$2,700$2,350 – $3,45039100.0%
Apr 202425$2,699$2,300 – $3,60040100.0%
Mar 202415$2,650$2,263 – $2,97532100.0%
Feb 202412$2,700$2,650 – $3,30044100.0%
Jan 202416$2,675$2,350 – $2,86519100.0%
Dec 202318$2,600$2,350 – $2,90037100.0%
Nov 202310$2,800$2,500 – $2,80024100.0%
Oct 202326$2,800$2,700 – $3,55010100.0%

What people ask about Kensington-Chinatown

How much does a condo cost in Kensington-Chinatown?

Condos in Kensington-Chinatown sold for a median of $588,904 over the 12 months to September 2026, across 116 closed sales — half sold for more and half for less. That is 11.4% lower than the 12 months before it.

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

A condo in Kensington-Chinatown took a median of 43 days on the market over the 12 months to September 2026. Condos there closed at 95.5% of the asking price on average, with 6.0% selling over asking.

How much is rent for a condo in Kensington-Chinatown?

The median condo lease in Kensington-Chinatown closed at $2,560 a month over the 12 months to September 2026, across 1,054 leases.

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

A condo in Kensington-Chinatown costs about 19.2 years of the rent on one — the median price of $588,904 against a median rent of $2,560 a month, a gross yield of 5.22%. 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 condo. Not an appraisal or an opinion of value.