39
$1,788,000
38 Kensington Avenue, Toronto, ON M5T 2J9
Kensington-Chinatown · C01
1,930 sf
2 weeks on marketMLS® C14092768
Listing courtesy of HOMELIFE NEW WORLD REALTY INC.
1 / 6
For saleMLS® C12945856
281 Dundas Street W, Toronto, ON M5T 1G1
Kensington-Chinatown · C01 · M5T 1G1
$1,840,000
$1,356 / sq ft7 months on market
- Bathrooms
- 1
- Total area
- 1,357 sf
- Lot
- 14.08 × 60 ft
What's special
- Yes
About this property
Exceptional Investment opportunity in a high-exposure location with strong pedestrian and vehicle traffic. Positioned in a growing area, with a new condominium development directly across the street, this property is perfectly situated to benefit from increasing density and foot traffic. Unbeatable connectivity with TTC access just steps away, including the Dundas streetcar and St.Patrick subway station, ensuring convenience for tenants and customers alike. Surrounded by premier downtown destinations, including the Art Gallery of Ontario (AGO), Ontario college of art and design (OCAD), the vibrant queen street west shopping district, the entertainment district, and chinatown-this location offers unmatched urban appeal.
Property details
Property
- Property type
- retail
- Bathrooms
- 1
- Interior size
- 1,357 sq ft
- Lot size
- 14.08 × 60 ft
- Zoning
- CR2.5 (c2;r2*2484)
- Possession
- TBD
Interior
- Heating
- Gas Forced Air Open
- Cooling
- Yes
Costs
- List price
- $1,840,000
- Property taxes
- $25,976 / year (2025)
- Price per sq ft
- $1,356
Listing
- MLS® number
- C12945856
- Status
- For sale
- Listed
- April 1, 2026
- Days on market
- 218
- Last updated
- July 30, 2026
- Listing brokerage
- KW Living Realty
Price & sale history
This property's sale history is hidden
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Before you make an offer
What this home costs beyond the asking price, and how that price compares to what else is on the market.
How this price compares
This home is priced in line with comparable listings — about 50% of comparable retail listings in Kensington-Chinatown are asking less.
$192KMedian $1.92M$4.45M
- This home
- $1,356 / sq ft
- Comparable median
- $690 / sq ft
Based on 32 comparable active retail listings in Kensington-Chinatown. These are asking prices, not sale prices.
Mortgage estimate
Down payment20.0% · minimum $368,000
Interest rate5-year fixed, illustrative only
Amortization
- Principal & interest
- $8,138.94
- Property tax (est.)
- $2,164.64
- Estimated monthly
- $10,304
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Land transfer tax
Payable on closing, on top of the purchase price.
- Ontario
- $33,275
- Toronto municipal
- $33,275
- Total due on closing
- $66,550
An estimate on the asking price of $1,840,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of KW Living Realty. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
Comparable sales nearby
What similar homes in this area actually sold for.
Nearby sold prices are hidden
Recent closed sales for comparable homes in this area — the numbers that tell you whether the asking price is realistic.
Unlock nearby sold pricesFree. Takes about twenty seconds.
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