LIVE, WORK & INVEST in the Heart of Kensington Market (Heritage Conservation District)! An exceptional opportunity to own a versatile mixed-use property in one of Torontos most iconic and vibrant neighbourhoods! This well-maintained 2-storey building offers OVER 3,000 sq. ft. of total floor area including basement, ideal for both COMMERCIAL & RESIDENTIAL use. Property Highlights: MAIN Floor: Prime retail/office space with washroom and kitchenette, featuring excellent frontage and foot traffic. UPPER Floors: Spacious 3-bedroom, 2-bathroom apartment with a full kitchen, living area, two balconies facing Bellevue Square Park, and in-suite laundry. Finished BASEMENT: Self-contained 1-bedroom unit with a separate entrance, kitchen, washroom and laundry. Additional Features: High ceilings, 3 HYDRO METERS, MULTIPLE ENTRANCES, private backyard with storage and access to former private lane (according to 2010 survey), 2 Duradek balconies, 2 pressure-treated wood decks, one with skyline view, and FRONT CITY-APPROVED PAID PARKING Prime Location & Zoning Zoned Commercial/Residential, allowing for endless possibilities -operate a business, rent out units, or enjoy as a live/work home. Located in Kensington Market, just steps from Spadina & Dundas, with heavy foot traffic from tourists, UofT & OCAD students, and local residents. Close to subway, TTC streetcars, hospitals, universities, and Torontos financial & entertainment districts. The area hosts year-round cultural festivals, ensuring steady exposure and activity. Move-In Ready & Recently Updated, COMPLETELY RENOVATED and permitted in 2012 (taken to the studs). Basement partially UNDERPINNED & WATERPROOFED. New roof coverings completed in January 2025. Designed by a Toronto architect, featuring a modern, artistic exterior and interior. A must-see investment opportunity for entrepreneurs, investors, and those looking for the perfect live/ work space in downtown Toronto! Buyers to verify permitted uses with the city.
Property Type:
Residential Freehold
Property Sub Type:
Store W Apt/Office
Home Style:
2 1/2 Storey
Total Approx Floor Area:
2000-2500
Depth:
86'10"26.5 m
Frontage:
16'4.88 m
Lot Shape:
Rectangular
Direction Faces:
East
Bedrooms:
3+1
Bathrooms:
4.0
Water supply:
Municipal
Kitchens:
1
Bedrooms Above Grade:
3
Bedrooms Below Grade:
1
Kitchens Above Grade:
1
Rooms Above Grade:
12
Zoning:
CR2 (C2; r1.5*2457)
Heating type:
Forced Air
Heating Fuel:
Gas
Foundation:
Unknown
Roof:
Asphalt Shingle
Basement:
Finished, Walk-Up
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Parking Features:
Front Yard Parking
Parking Spaces:
1
Total Parking Spaces:
1.0
Family Room:
No
Possession Details:
120-150/TBA
Pool:
None
HST Applicable To Sale Price:
Call LBO
Assessment Year:
2024
Taxes:
$13,277.63 /
2024
Assessment:
$- /
2024
Toronto C01
Kensington-Chinatown
Toronto
Fenced Yard, Hospital, Public Transit
Carpet Free, Separate Hydro Meter
Privacy
Alarm System
Existing Appliances: Gas Stove, 2 Fridges, S/S Dishwasher, Stainless Steel Mount Range Hood,2 Dryers, 2 Washers, 2 CAC, 2 Furnaces, Light Fixtures
Data was last updated July 31, 2025 at 06:15 AM (UTC)
Area Statistics
Listings on market:
11
Avg list price:
$1,985,000
Min list price:
$1,350,000
Max list price:
$4,580,000
Avg days on market:
37
Min days on market:
9
Max days on market:
197
These statistics are generated based on the current listing's property type
and located in
Kensington-Chinatown. Average values are
derived using median calculations. This data is not produced by the MLS® system.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.