Located in one of the best locations in Kensington Market, directly across from Tom's Place and Blackbird Baking Co., and alongside Jimmy's Coffee, this fully renovated mixed-use property offers exceptional visibility and long-term value. The commercial space features impressive high ceilings, a new HVAC system, newly installed floor-to-ceiling store-front windows, and a new front entrance that creates outstanding street presence and curb appeal. Situated on one of the deepest lots in Kensington Market, the property offers significant future expansion potential. It is currently fully leased to a longstanding, high-quality retail tenant with approximately three years remaining on the lease. The residential apartment benefits from its own separate street entrance and private rear patio. Offering a cap rate of over 7%, this is a rare opportunity to acquire a premier income-producing asset in one of Toronto's most sought-after neighbourhoods.
PT LT 37 PL D15 TORONTO AS IN CA773242; CITY OF TORONTO
Tax Year
2026
Area Information
Province
ON
County
Toronto
City
Toronto C01
Postal Code
M5T 1M1
Area
Kensington Chinatown
Listing VS Median (in M5T 1M1)
Price: $1,995,000
low | high
Med: $1,995,000
50% of Average
sqft: 2,100
low | high
Med: 2,100
50% of Average
$ / sqft: $950
low | high
Med: $950
50% of Average
On site: 57
low | high
Med: 57
100% of Average
Sourced by Back At You
MLS Number: C13484730
C13484730 329400
CB METROPOLITAN COMMERCIAL LTD.
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