Condos for Rent in Kensington-Chinatown, Toronto, ON

Name: HOMEH Market Pulse — Kensington-Chinatown, Toronto closed sales and leases
Creator: HOMEH
License: https://homeh.com/terms-of-use

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Neighbourhood in Toronto

Kensington-Chinatown

lively culturally rich community-oriented

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

Rich cultural diversity Many restaurants and cafes Excellent walkability score Close to public transit Various parks and playgrounds

Day to dayLivability

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 4,595 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

$749,950

10% above Toronto 6% above Ontario

In Kensington-Chinatown

$749,950

In Toronto

$680,000

In Ontario

$709,900

Median monthly rent

$2,795/mo

On par with Toronto 12% above Ontario

In Kensington-Chinatown

$2,795

In Toronto

$2,793

In Ontario

$2,500

$1,523

Per square foot

≈ 22.4 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

127

Median $749,950

Condos 90 · Houses 37

For rent

123

Median $2,795

Condos 75 · Houses 47

Recently sold

Recently leased

Market data as of 2026-10-25. 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

High walkability makes it easy to get around
Strong community feel with many local shops
Diverse dining options available
Good access to public transportation

Keep in mind

Higher rental prices than city median
Population density is quite high

The feel of the placeLifestyle

Daily life here is busy and full of energy, with plenty of activities and services nearby. Residents enjoy a mix of cultural experiences and local amenities.

Great for young professionals food lovers first-time renters

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.

Parks

Playgrounds

Transit stations

Grocery stores

213

Restaurants

Cafés

Gyms

Libraries

Pharmacies

Counted across all 1.5 km² of Kensington-Chinatown. From OpenStreetMap, as of 2026-10-26.

The schoolsWhich schools, and how they rate

6.2/10

Average rating of the 3 rated schools in this area

Elementary

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

Median age

$64,108

Median income

32%

Own their home

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

1,053 condos were leased in Kensington-Chinatown over the 12 months to September 2026. Half leased above $2,558 and half below, 3.3% higher than the 12 months before. A typical condo found its tenant in 16 days — 2 days quicker than a year ago.

Median rent: $2,558; +3.3% year over year
Days to lease: 16; 2 days quicker
Leases closed: 1,053; last 12 months
Rent per square foot: $4.12/mo; from 814 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 1,053 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

$2,558/mo

1,053 leases

Gross rental yield

5.21%

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
Month	Closed	Median	Middle half	Days	% of ask
Sep 2026	71	$2,550	$2,300 – $3,025	12	100.0%
Aug 2026	115	$2,800	$2,338 – $3,400	12	100.0%
Jul 2026	166	$2,825	$2,400 – $3,438	13	100.0%
Jun 2026	116	$2,500	$2,250 – $3,000	14	100.0%
May 2026	78	$2,600	$2,296 – $3,250	16	100.0%
Apr 2026	85	$2,300	$2,100 – $2,850	19	100.0%
Mar 2026	114	$2,600	$2,200 – $3,300	22	100.0%
Feb 2026	64	$2,475	$2,169 – $3,263	18	100.0%
Jan 2026	65	$2,400	$2,150 – $3,200	17	100.0%
Dec 2025	50	$2,388	$2,200 – $2,700	24	100.0%
Nov 2025	63	$2,300	$2,200 – $2,575	17	100.0%
Oct 2025	66	$2,400	$2,250 – $2,988	18	100.0%
Sep 2025	72	$2,550	$2,294 – $3,300	14	100.0%
Aug 2025	165	$2,700	$2,350 – $3,297	12	100.0%
Jul 2025	195	$2,450	$2,200 – $3,000	11	100.0%
Jun 2025	114	$2,825	$2,300 – $3,200	22	100.0%
May 2025	82	$2,750	$2,350 – $3,125	22	100.0%
Apr 2025	91	$2,600	$2,350 – $2,988	18	100.0%
Mar 2025	94	$2,685	$2,263 – $3,288	22	100.0%
Feb 2025	110	$2,250	$2,050 – $2,788	19	100.0%
Jan 2025	111	$2,275	$2,100 – $2,850	24	100.0%
Dec 2024	122	$2,100	$1,976 – $2,515	22	100.0%
Nov 2024	75	$2,150	$2,000 – $2,425	19	100.0%
Oct 2024	75	$2,300	$2,150 – $2,800	20	100.0%
Sep 2024	101	$2,400	$2,200 – $3,100	17	100.0%
Aug 2024	171	$2,650	$2,275 – $3,400	25	100.0%
Jul 2024	104	$2,650	$2,350 – $3,125	31	100.0%
Jun 2024	52	$2,675	$2,338 – $3,413	38	100.0%
May 2024	43	$2,700	$2,350 – $3,450	39	100.0%
Apr 2024	25	$2,699	$2,300 – $3,600	40	100.0%
Mar 2024	15	$2,650	$2,263 – $2,975	32	100.0%
Feb 2024	12	$2,700	$2,650 – $3,300	44	100.0%
Jan 2024	16	$2,675	$2,350 – $2,865	19	100.0%
Dec 2023	18	$2,600	$2,350 – $2,900	37	100.0%
Nov 2023	10	$2,800	$2,500 – $2,800	24	100.0%
Oct 2023	26	$2,800	$2,700 – $3,550	10	100.0%

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 $2,558 a month over the 12 months to September 2026, across 1,053 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 $2,558 a month, a gross yield of 5.21%. 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.