38 Kensington Avenue, Toronto, ON M5T 2J9
Kensington-Chinatown, Toronto · Near Spadina & Dundas W · View map
About this home
5 bathrooms throughout the building. The main floor features a high-exposure retail space and a rear studio unit. The second floor offers a spacious 3-bedroom suite with a newly renovated kitchen, while the basement includes a bachelor unit with a separate private entrance. Two parking spaces with laneway access provide a rare convenience in this highly desirable neighbourhood. Ideally located steps from TTC, University of Toronto, hospitals, schools, libraries, shopping, restaurants, and major amenities. An outstanding opportunity for investors seeking multiple income streams, long-term rental potential, and property ownership in one of Toronto's most vibrant and sought-after communities. Don't miss this rare chance to add a prime mixed-use property in Kensington Market to your investment portfolio!
The home
- Type
- Store w apt / office
- Square footage
- 1930 sq ft
- Lot size
- 16 x 97 ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating type
- Gas Forced Air Closed
Garage & parking
- Garage
- Outside/Surface
- Driveway spaces
- 2
- Total parking
- 2
Taxes & other
- Property taxes
- $12,741/yr
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- Flexible
- Cross street
- Spadina & Dundas W
- Neighbourhood
- Kensington-Chinatown
More
- MLS® number
- C14092768
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax and Toronto municipal land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
38 Kensington Avenue, Toronto, ON M5T 2J9
Kensington-Chinatown, Toronto · Near Spadina & Dundas W
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Listing history for 38 Kensington Avenue
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 38 Kensington Avenue
Answers come straight from this home’s MLS® listing.
How much is 38 Kensington Avenue listed for, and what would it cost each month?
38 Kensington Avenue is listed for $1,788,000. With 20% down ($357,600), the mortgage payment would be roughly $7,212 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $8,274 a month, all in. That figure is an illustration, not a quote.
Is 38 Kensington Avenue freehold or a condo, and is there a monthly fee?
38 Kensington Avenue is a store w apt / office in Kensington-Chinatown, Toronto. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
Does 38 Kensington Avenue have a garage and parking?
Yes. The listing shows the garage as outside/surface. The driveway adds 2 spaces. In total the listing counts 2 parking spaces.
What style of home is 38 Kensington Avenue?
38 Kensington Avenue is a store w apt / office. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 38 Kensington Avenue, and what is the lot size?
The lot is listed as 16 x 97 ft.
How is 38 Kensington Avenue heated and cooled?
Heating is gas forced air closed. The listing does not show air conditioning.
What are the property taxes for 38 Kensington Avenue?
Property taxes are $12,741 a year (2025), or about $1,062 a month.
Where is 38 Kensington Avenue?
38 Kensington Avenue is in the Kensington-Chinatown community of Toronto. The nearest main intersection is Spadina & Dundas W. The postal code is M5T 2J9.
Is 38 Kensington Avenue still for sale?
Yes. It is an active listing (MLS® C14092768). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 38 Kensington Avenue asking?
Similar properties for sale nearby right now include 420 Spadina Avenue at $1,835,000, 281 Dundas Street W at $1,840,000 and 394 Spadina Avenue at $1,599,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 38 Kensington Avenue sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 38 Kensington Avenue?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near Kensington-Chinatown, picked by style, size and price.
Commercial retail$1,835,000420 Spadina Avenue, TorontoKensington-ChinatownCourtesy of: BOSLEY REAL ESTATE LTD.View home →
Commercial retail$1,840,000281 Dundas Street W, Toronto1 bath · Kensington-ChinatownCourtesy of: KW Living RealtyView home →
Commercial retail$1,599,000394 Spadina Avenue, TorontoKensington-ChinatownCourtesy of: CB METROPOLITAN COMMERCIAL LTD.View home →Courtesy of: HOMELIFE NEW WORLD REALTY INC.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.