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RLP Maximum
7694 Islington Ave, 2nd Floor Suite 220
Vaughan, ON L4L 1W3
Tel: (905) 856-7514

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33 Kensington Ave & 23 St Andrews Street, Toronto C01, ON M5T 2J8

Property For Sale | C12989556Sale

Listing ID: C12989556
$3,375,000
Listing ID #C12989556
Property Description

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.

Basic Details
Listing ID : C12989556
Listing Type : Sale
Price : $3,375,000
Status : Active
Property Sub Type : Commercial Retail
Map
Address Map
33
Kensington Ave & 23 St Andrews
US
ON
Toronto
Toronto C01
M5T 2J8
Street
Kensington Avenue & St. Andrew Street, just north of Dundas and just West of Spadina / Chinatown in the heart of Kensington Market
CR2(c2;r1.5*2457)
Property Area
Kensington-Chinatown
Features
: Yes
: Sanitary+Storm
: Yes
Additional Information
16533
Retail Store Related
1
Financial
78042.73
Listing Information
CUSHMAN & WAKEFIELD
Extension
2026-08-31T14:44:17Z
TRREB

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