38 Kensington Avenue

Kensington-Chinatown, Toronto, M5T 2J9

$1,788,000

Photo 1 of 39Photo 2 of 39Photo 3 of 39Photo 4 of 39Photo 5 of 39Photo 6 of 39Photo 7 of 39Photo 8 of 39Photo 9 of 39Photo 10 of 39Photo 11 of 39Photo 12 of 39Photo 13 of 39Photo 14 of 39Photo 15 of 39Photo 16 of 39Photo 17 of 39Photo 18 of 39Photo 19 of 39Photo 20 of 39Photo 21 of 39Photo 22 of 39Photo 23 of 39Photo 24 of 39Photo 25 of 39Photo 26 of 39Photo 27 of 39Photo 28 of 39Photo 29 of 39Photo 30 of 39Photo 31 of 39Photo 32 of 39Photo 33 of 39Photo 34 of 39Photo 35 of 39Photo 36 of 39Photo 37 of 39Photo 38 of 39Photo 39 of 39

Listed yesterday · MLS® C14092768

About this home

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!

Details

Type
Store W Apt/Office
Lot
16 × 97 ft
Garage
Outside/Surface
Property tax
$12,741 (2025)
Neighbourhood
Kensington-Chinatown
Municipality
Toronto C01

Heating, cooling and services

Heating
Gas Forced Air Closed
Utilities
Available

Building and exterior

Building area
1,930 Square Feet

More

Possession
Flexible
Cross street
Spadina & Dundas W

History of this address

8 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Very walkable

  • 🚇 St. Patrick Subway16 min walk
  • 🚇 Queen's Park Subway17 min walk
  • 🚆 Toronto Union Station GO1.9 km

Within a 10-minute walk: 19 grocery stores, 446 cafés and restaurants, 18 parks, 27 pharmacies. Nearest grocery: Fruit Mart (50 m). Nearest park: Bellevue Square Park (100 m).

Schools nearby

Elementary

  • Ryerson Community School
    EQAO: Gr 6 reading 65%, math 26%
    5 min walk
  • Westside Montessori School Private6 min walk
  • Beverley School8 min walk
  • Lord Lansdowne Junior Public School
    EQAO: Gr 6 reading 89%, math 81%
    9 min walk

Secondary

  • Downtown Vocal Music Academy of Toronto Private5 min walk
  • Subway Academy II Private7 min walk
  • Heydon Park Secondary School
    EQAO: Gr 9 math 8%
    8 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area M5T

Owners / renters
32% / 68%
Median household income
$61,600
Average age
42
Children under 15
7%
Homes
1% detached, 56% high-rise
Commute by transit
24%
Population
17,903

Languages spoken most at home besides English: Mandarin 10.4%, Yue (Cantonese) 9.2%, Vietnamese 1.3%, Spanish 1%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Major crime per resident in Kensington-Chinatown (2025): 126% above the Toronto average, down 13% from the year before.

  • Assault163% above average
  • Break and enter134% above average
  • Auto theft47% below average
  • Robbery146% above average
  • Theft from vehicles302% above average
  • Shootings169% above average

Crime Severity Index for Toronto police: 60 vs 57 for Ontario (2025).

Police-reported figures for the whole neighbourhood, not this street. Rates use the area’s resident population.

Development nearby 3 active

  • 309 AUGUSTA AVE · 350 m
    Official Plan / Zoning By-law Amendment · Under Review · applied 2026
    Proposed six storey hotel with restaurant components containing 2194sqm of non-residential gross floor area. No parking is proposed.
    Application details
  • 353 COLLEGE ST · 450 m
    Site Plan · NOAC Issued · applied 2018
    Proposal for site plan approval related to a five storey addition to existing hostel with portion of ground floor to be used as retail
    Application details
  • 571 DUNDAS ST W · 150 m
    Plan of Subdivision · Draft Plan Approved · applied 2017
    Draft Plan of Subdivision to update the Master Plan approved in 2011.
    Application details
  • 571 DUNDAS ST W · 150 m
    Official Plan / Zoning By-law Amendment · Closed · applied 2026
    Zoning By-law Amendment application to lift the hold ('H') to By-law 842-2020 (Alexandra Park Phase 2B, Sites 9 and 17).
    Application details
  • 333 COLLEGE ST · 400 m
    Site Plan · Closed · applied 2025
    A 20-storey privately-owned student residence building containing 17,649 square metres of residential gross floor area and 60 square metres of retail gross…
    Application details
  • 333 COLLEGE ST · 400 m
    Official Plan / Zoning By-law Amendment · Closed · applied 2025
    Proposed 19-storey mixed-use building containg 746 rooms, Proposal contains 18, 404sqm of residential GFA, and 38sqm of non-residential GFA.
    Application details

6 more within 500 m.

Rezoning, site plan, subdivision and condominium applications filed with the city.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Neighbourhood crime: Toronto Police Service Public Safety Data Portal (Open Government Licence – Toronto Police Service). Crime Severity Index: Statistics Canada. Planning applications: City of Toronto open data.

Living here

Commute

To Union Station (downtown Toronto): 2 km. Transit times · Driving times

Coming transit

  • 🚧 Chinatown 650 m
  • 🚧 King West GO Transit1.1 km
  • 🚧 Osgoode 1.2 km

Stations under construction or approved. Opening dates are the latest public estimates and often move.

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

What can be built CR

Commercial Residential (with a site-specific exception).

From Toronto’s Zoning By-law 569-2013 map. Lot size, setbacks and trees decide what actually fits; check with a planner before you buy.

Full lot check · Run the numbers

Building permits

  • Interior Alterations · 2023 · Closed
    Proposal to replace existing exterior stair serving existing dwelling unit #02 at second storey.
  • Interior Alterations · 2017 · Closed
    Proposal for interior alterations to existing apartment building. Scope of work includes proposals for demolition of an existing stair…

2 permits on this block of the street in the last 2 years.

Permits filed with the City of Toronto. A permit doesn’t mean the work passed final inspection.

Trees

37 City street trees within 100 m. That’s about the Toronto average of 42.

Trees on City boulevards only, not private yards or parks.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Zoning, heritage, building permits and street trees: City of Toronto open data (Open Government Licence – Toronto). Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by HOMELIFE NEW WORLD REALTY INC..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

Similar homes nearby

See more in Toronto