Rarely does a downtown investment property of this calibre come to market. An exceptional 11-unit property in the heart of sought-after Kensington Market, offering approximately 8,176 sq. ft. of GFA and an impressive unit mix: 7 two-bedroom, 2 three-bedroom and 2 one-bedroom suites. Spacious layouts and high ceilings are complemented by distinctive heritage character, including buff brick, decorative brickwork, three-sided flat-headed bay windows, wide eaves and recessed entrances. Hydro is separately metered, with individual electrical panels for each unit, except Unit 11, which is not separately metered and has hydro included in its rent. The majority of the plumbing and wiring has been replaced, and each basement apartment is equipped with a sump pump. Well maintained and straightforward to manage, the property offers immediate income with meaningful long-term upside as suites turn over. An outstanding downtown location steps to TTC, U of T, Toronto Western Hospital, parks, restaurants, cafés and the shops and energy of Kensington Market. A rare opportunity to acquire a substantial multi-residential asset in one of Toronto's most established and sought-after downtown neighbourhoods. A REAL GEM!
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
2680 sq. ft. Square Feet
Total Area:
2,680 sq. ft.249 m2
Office/Apt Area:
7455 sq. ft. Sq Ft
Lot Depth:
45'10¾"14 m
Lot Frontage:
58'3¼"17.8 m
Water supply:
Municipal
Zoning:
R(f4.5;d1*847)
Heating type:
Water Radiators
Garage:
None
Possession Details:
To be negotiated
HST Applicable To Sale Price:
Included In
Assessment Year:
2025
Type Taxes:
Annual
Taxes:
$27,095 /
2026
Assessment:
$- /
2025
Toronto
Toronto C01
Kensington-Chinatown
Tenant belongings, including stove in Unit 10 an all kitchen appliances in Unit 9
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