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For saleMLS® C13517338

374 Spadina Avenue, Toronto, ON M5T 2G4

Kensington-Chinatown · C01 · M5T 2G4

$1,299,000

$863 / sq ft

4 months on market

Interior
1,505 sf
Lot
17.66 × 0 ft

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About this property

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".

Property details

Property

Property type
vacant land
Interior size
1,505 sq ft
Zoning
CR2.5 (c2;r2*1865)
Possession
TBD

Exterior & services

Sewer
Sanitary

Costs

List price
$1,299,000
Property taxes
$20,147 / year (2025)
Price per sq ft
$863

Listing

MLS® number
C13517338
Status
For sale
Listed
July 3, 2026
Days on market
125
Last updated
July 20, 2026
Listing brokerage
CENTURY 21 ATRIA REALTY INC.

Price & sale history

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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 48% of comparable vacant land listings in Toronto are asking less.

$1Median $1.44M$6.60M
This home
$863 / sq ft
Comparable median
$240 / sq ft

Based on 95 comparable active vacant land listings in Toronto. These are asking prices, not sale prices.

Mortgage estimate

Down payment8.1% · minimum $104,900
$104,900
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$6,602.38
Property tax (est.)
$1,678.92
Estimated monthly
$8,281

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
$22,455
Toronto municipal
$22,455
Total due on closing
$44,910

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.

$1,299,000

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