33 Kensington Ave & 23 St Andrews Street
Toronto C01, ON
- 16,533 sqft
- Investment
- 148 days on market
Rare opportunity to acquire a three-building retail and mixed-use assembly on a prime block of Kensington Avenue. The properties span multiple frontages with rear laneway access, offering steady in-place income and strong redevelopment potential on top of existing retail value in a tightly held urban retail corridor. 33 Kensington Ave includes a retail unit with lower level leased to Uncle Vintage, with an approx. 3-bedroom apartment above, leased month-to-month. Approx. GFA:3,401 SF. All leases are flexible, providing strong and steady in-place income with near-term leasing and repositioning upside. The offering also includes a separate land parcel at 23 St. Andrews Street, currently improved with surface parking spaces, leased month-to-month, generating additional income while preserving future development flexibility. The assembly spans multiple retail frontages across a combined land area, creating a rare opportunity to acquire scale with meaningful redevelopment potential in addition to proven retail fundamentals in one of Toronto's most supply-constrained retail markets.
Listing Details
- Taxes (2026)
- $78,043
- Originally Listed
- $1
- Listed
- April 13, 2026
Price History
Parking
- Garage
- Outside/Surface
Utilities
- Sewer
- Sanitary+Storm
Location & Legal
- Cross Street
- Kensington Avenue & St. Andrew Street, just north of Dundas and just West of Spadina / Chinatown in the heart of Kensington Market
- Zoning
- CR2(c2;r1.5*2457)
- Parcel Number
- 212350388
- Possession
- Immediate
- Occupancy
- Tenant
Community
Postal area M5T
- Population
- 17,903
- Private dwellings
- 10,452
- Median age
- 36
- Average household size
- 1.9
- Median household income
- $61,600
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Toronto C01 · last 12 months
- Median sold price
- $660,000
- Homes sold
- 3,094
- Median days on market
- 26
- Sale-to-list price
- 97.6%
Based on 3,094 recorded sales of commercial properties in Toronto C01 over the last 12 months.
Listed by
CUSHMAN & WAKEFIELD
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 16,533 sq ft
- Price per sq ft
- $204.14
- Annual property tax
- $78,043
- Tax per sq ft
- $4.72
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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