
Kensington-Chinatown, Toronto
C14127348, SAGE REAL ESTATE LIMITED



Kensington-Chinatown, Toronto · Commercial · Commercial Retail
Last updated by the listing brokerage Aug 31, 2026
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| Tax year | Annual property tax | Change | Source |
|---|---|---|---|
| 2026 | $78,043 | — | MLS® listing |
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Sign in to view historyRare 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.
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