5 Baldwin Street

Kensington-Chinatown, Toronto, M5T 1L1

$328,888

Reduced $28,111 from $356,999

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  • 5 bathrooms

Listed 144 days ago · MLS® C13209262

About this home

LOCATION LOCATION LOCATION! *** Summer is just around the corner- start out with a bang ** Exceptional TURNKEY restaurant opportunity in the heart of Downtown Toronto. ***constant pedestrian traffic*** Prime high-traffic location steps from the University of Toronto and Toronto's vibrant Chinatown, benefiting from strong pedestrian traffic generated by students, faculty, residents, office workers, and visitors year-round. Features approximately 120 indoor seats plus a *** large OUTDOOR PATIO***, offering excellent capacity for dine-in service, private events, and group functions. ***LLBO*** licensed and fully equipped with a commercial kitchen, making it ideal for immediate operation. Strong demographic fundamentals, consistent customer traffic **Excellent visibility and accessibility, surrounded by dense residential communities, educational institutions, retail businesses, and major transit routes. The established layout and infrastructure provide a seamless transition for a new owner or the opportunity to introduce a new concept with minimal startup costs. Significant growth potential through catering, delivery, private events, corporate functions, and extended operating hours. A rare opportunity for owner-operators, restaurateurs, hospitality groups, or investors to acquire a high-capacity licensed restaurant with a large patio in one of Toronto's most sought-after dining destinations. Ample of parking around the area.

Details

Type
Sale Of Business
Lot
30 × 89.5 ft
Garage
None
Property tax
$18,000 (2025)
Neighbourhood
Kensington-Chinatown
Municipality
Toronto C01

Interior

Bathrooms
5 × bathroom

Heating, cooling and services

Heating
Gas Forced Air Closed
Air conditioning
Yes

More

Possession
Flexible
Cross street
Dundas/McCaul
Business type
Restaurant

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 Subway6 min walk
  • 🚇 Queen's Park Subway7 min walk
  • 🚆 Toronto Union Station GO1.6 km

Within a 10-minute walk: 20 grocery stores, 508 cafés and restaurants, 23 parks, 26 pharmacies. Nearest grocery: Lucky Moose Food Mart (300 m). Nearest park: Gallery Park (200 m).

Schools nearby

Elementary

  • Cornerstone Preparatory School Private2 min walk
  • Beverley School3 min walk
  • Orde Street Public School
    EQAO: Gr 6 reading 89%, math 64%
    5 min walk
  • Ogden Junior Public School
    EQAO: Gr 6 reading 77%, math 53%
    11 min walk

Secondary

  • Heydon Park Secondary School
    EQAO: Gr 9 math 8%
    3 min walk
  • Subway Academy II Private4 min walk
  • Contact Alternative School5 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 13 active

  • 150 COLLEGE ST · 450 m
    Site Plan · Under Review · applied 2026
    The proposed development has a height of 9-storeys above-grade (41.4 metres to the top of the main building) with additional rooftop mechanical penthouses and…
    Application details
  • 250 DUNDAS ST W · 250 m
    Official Plan / Zoning By-law Amendment · Council Approved · applied 2024
    Combined Official Plan Amendment (OPA) & Zoning By-law Amendment (ZBA) application for an increase in height from 49 to 57-storeys, a reduction in the required…
    Application details
  • 234 SIMCOE ST · 400 m
    Plan of Condominium · Draft Plan Approved · applied 2024
    Standard Draft Plan of Condominium for 17 non-residential units.
    Application details
  • 195 DUNDAS ST W · 450 m
    Site Plan · Under Review · applied 2022
    Site plan application for a 41-storey mixed use building, comprising of a 6-storey podium, on top of which is a 35-storey tower. The proposed building will…
    Application details
  • 505 UNIVERSITY AVE · 350 m
    Site Plan · Under Review · applied 2022
    The redevelopment proposes a 64-storey mixed-use building with a 12-storey office podium and is inclusive of four levels of below-grade parking with a total of…
    Application details
  • 74 HENRY ST · 350 m
    Site Plan · Under Review · applied 2022
    Related App 22 150580 STE 11 OZSite Plan application for proposal for a 31-storey mixed-use building containing 492 purpose-built rental units. The proposed…
    Application details

25 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

  • 🚧 Osgoode 750 m
  • 🚧 Chinatown 850 m
  • 🚧 Queen 1.1 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.

Full lot check · Run the numbers

Building permits

No building permits at this address since 2014.

6 permits on this block of the street in the last 2 years, including 2 new homes.

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

Trees

60 City street trees within 100 m, mostly maples. That’s more than 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 CENTURY 21 TITANS REALTY INC..

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

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