480 Dundas Street W
Kensington-Chinatown, Toronto, M5T 1G9
$2,999,900
Reduced $128,100 from $3,128,000
- 3 bathrooms
Listed 1020 days ago · MLS® C7375784
About this home
* Reduced for quick sale, Motivated Seller*Steady Income Growth * Great opportunity in the prosperous center of Chinatown. Solid Brick Building For Sale. Fully rent out to 3 well-established business with steady good incomes. Surrounding by bustling various Business, Banks, Restaurants, popular with Tourists foot traffic. Across from underground Parking & steps from 2 TTC Routes 24/7. L/F (1,250SF) Optical shop with street exposure. G/F (1,250F) TCM Herbal store with Lotto 6/49. 2/F (1,500SF) upscale Health-Beauty/Spa. Extra long Lot available for Building Extension.
Details
- Type
- Commercial Retail
- Lot
- 16.8 × 142 ft
- Garage
- Outside/Surface
- Property tax
- $32,882 (2026)
- Neighbourhood
- Kensington-Chinatown
- Municipality
- Toronto C01
Interior
- Bathrooms
- 3 × bathroom
Heating, cooling and services
- Heating
- Gas Forced Air Closed
- Air conditioning
- Yes
- Utilities
- Yes
Building and exterior
- Building area
- 4,000 Square Feet
More
- Possession
- TBD
- Cross street
- Spadina Ave & Dundas St W
History of this address
1 earlier listing 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 Subway12 min walk
- 🚇 Osgoode Subway14 min walk
- 🚆 Toronto Union Station GO1.7 km
Within a 10-minute walk: 19 grocery stores, 507 cafés and restaurants, 20 parks, 28 pharmacies. Nearest grocery: Hua Sheng Supermarket (50 m). Nearest park: Julius Deutsch Park (400 m).
Schools nearby
Elementary
- Beverley School5 min walk
- Cornerstone Preparatory School Private6 min walk
- Ogden Junior Public School
EQAO: Gr 6 reading 77%, math 53%6 min walk - Ryerson Community School
EQAO: Gr 6 reading 65%, math 26%8 min walk
Secondary
- Heydon Park Secondary School
EQAO: Gr 9 math 8%4 min walk - Subway Academy II Private5 min walk
- Downtown Vocal Music Academy of Toronto Private7 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 4 active
-
50 STEPHANIE ST · 450 mOfficial Plan / Zoning By-law Amendment · Under Review · applied 2025Combined Official Plan & Zoning By-law Amendment for an 11-storey purpose-built rental residential building atop a 3-storey podium. The proposed development…Application details
-
184 SPADINA AVE · 400 mSite Plan · NOAC Issued · applied 2021Site Plan Approval for a hotel development comprised of two towers, one fronting Spadina Avenue (14 storeys - 41.45 metres including the mechanical penthouse)…Application details
-
324 QUEEN ST W · 450 mSite Plan · Under Review · applied 2019INACTIVE Site Plan Approval Application for a proposed 3-storey non-residential building having a gross floor area of approximately 1152.40 square metres.Application details
-
571 DUNDAS ST W · 250 mPlan of Subdivision · Draft Plan Approved · applied 2017Draft Plan of Subdivision to update the Master Plan approved in 2011.Application details
-
571 DUNDAS ST W · 250 mOfficial Plan / Zoning By-law Amendment · Closed · applied 2026Zoning By-law Amendment application to lift the hold ('H') to By-law 842-2020 (Alexandra Park Phase 2B, Sites 9 and 17).Application details
-
104 BEVERLEY ST · 250 mSite Plan · Closed · applied 2025To construct a 4-storey 12-unit rental apartment building at rear of an existing apartment building.Application details
11 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 500 m
- 🚧 Osgoode 900 m
- 🚧 King West GO Transit1.1 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.
Building permits
No building permits at this address since 2014.
7 permits on this block of the street in the last 2 years, including 1 new home.
Permits filed with the City of Toronto. A permit doesn’t mean the work passed final inspection.
Trees
41 City street trees within 100 m, mostly honeys. 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.
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