33 Kensington Ave & 23 St Andrews Street

Toronto, M5T 2J8
FOR SALE
$3,375,000
33 Kensington Ave & 23 St Andrews Street, Toronto
33 Kensington Ave & 23 St Andrews Street
33 Kensington Ave & 23 St Andrews Street
33 Kensington Ave & 23 St Andrews Street
33 Kensington Ave & 23 St Andrews Street
Commercial Retail
CATEGORY
16,533 Sq Ft
RETAIL AREA
C12989556
MLSID
Contact Us
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.
Property Details
Address
33 Kensington Ave & 23 St Andrews Street
Postal Code
M5T 2J8
Property Type
Commercial Retail, Commercial Retail
Use
Retail
Zoning
CR2(c2;r1.5*2457)
Retail Area
16,533 Sq Ft
Acreage
0.5 Feet
Taxes
$78,043 (2026
Heat Type
Electric Forced Air
Water
Municipal
Garage Type
Outside/Surface
Listing contracted with Cushman & Wakefield
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