Space
Finished area and layout
- Building Area
- 16,533 sqft
+1 more
$3,375,000
33 Kensington Ave & 23 St Andrews
16,533 sqft
Building Area
Property Snapshot
Key details for this listing
Property
Type, style and structure
- Type
- commercial
- Style
- commercial retail / Mixed Use
Lot
Land, frontage and setting
- Zoning
- CR2(c2;r1.5*2457)
Costs
Price, taxes and monthly charges
About This Property
This commercial retail in Toronto offers 16,533 sqft of building area. The property has zoned CR2(c2;r1.5*2457). The home features yes.
MLS Remarks
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.
Full Listing Details
Address33 Kensington Ave & 23 St Andrews Street, Toronto, ON M5T 2J8
MLS#C12989556
Listing StatusExtension
Property TypeCommercial
Sub-TypeCommercial retail
TransactionSale
List DateApr 13, 2026
Days on Market150
Annual Tax$78,043 (2026)
Power of SaleYes
StyleMixed Use
CityToronto
ProvinceOn
Postal CodeM5T 2J8
Lot Size0 sqft
ZoningCR2(c2;r1.5*2457)
CoolingYes
SecurityPartial
UtilitiesYes
SewerSanitary+Storm
Annual Tax$78,043 (2026)
Business TypeRetail Store Related
Kensington Avenue & St. Andrew Street, just north of Dundas and just West of Spadina / Chinatown in the heart of Kensington Market
Roll Number190406551001800
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