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$1,049,999
48 D'arcy Rear Street, Toronto, ON M5T 1J7
Kensington-Chinatown · C01
700 sf
19 months on marketMLS® C11938527
Listing courtesy of RIGHT AT HOME REALTY
Kensington-Chinatown · C01 · M5T 2G4
$1,299,000
$863 / sq ft2 months on market
Prime Corner Lot in the Heart of Kensington Market! Exceptional opportunity to acquire ahigh-profile vacant land parcel at the bustling intersection of Spadina Ave. & Baldwin St. one of Toronto's most vibrant and culturally rich neighborhoods. This rare corner site offers premium street exposure at the entrance of the Kensington Market, strong pedestrian traffic, and unmatched development potential. Zoned CR (Commercial Residential), this property is ideal for a mixed-use development with retail at grade and residential or office above. Surrounded by trendy cafes, restaurants, boutiques, and cultural landmarks, and just steps to Chinatown, U of T, Queens Park, and TTC access, this location is a proven hotspot for innovation and urban living. Developers, take advantage of this strategic position in a high-growth, high-demand urban core perfect for boutique condos, purpose-built rentals, or flagship commercial. End-users and land bankers welcome this is a long-term asset in a timeless location. Don't miss this legacy opportunity to become gatekeeper of Kensington Market in one of Toronto's most dynamic corridors. Phase two environmental site assessment concludes that "no further environmental investigation is considered warranted".
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$1,049,999
Kensington-Chinatown · C01
Listing courtesy of RIGHT AT HOME REALTY
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced in line with comparable listings — about 51% of comparable vacant land listings in Toronto are asking less.
Based on 90 comparable active vacant land listings in Toronto. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $1,299,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of CENTURY 21 ATRIA REALTY INC.. 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.