$649,000
For sale: Semi-Detached/Link

KENSINGTON MARKET GEM WITH UNLIMITED POTENTIAL! Tucked away just behind the vibrant streetscape of Bellevue Ave, 18 1/2 Bellevue Ave offers a truly unique opportunity in one of Toronto's most eclectic and sought-after neighbourhoods. This distinctive property requires extensive renovation and is being offered as a rare blank canvas for those with vision. Transform it into a one-of-a-kind urban residence, creative retreat, art or music studio, or an inspiring live/work space. Immerse yourself in the unmistakable character of Kensington Market, surrounded by colourful murals, independent shops, vintage finds, cafés, restaurants, galleries and a vibrant arts and music scene. Pedestrian-friendly streets and an exceptionally central location put Chinatown, Queen's Park, University of Toronto, the Art Gallery of Ontario and Downtown Toronto all within easy walking distance. A truly unconventional property in an extraordinary neighbourhood where creativity knows no boundaries. The potential is unlimited for the buyer with vision. Property is being sold strictly WHERE IS, AS IS, with no representations or warranties regarding condition or future use. Buyers to conduct their own due diligence regarding renovations, zoning, permits and intended use. Location is One of Canada's most wanted neighborhood to stay in AIRBNB....(TORONTO STAR)
Sold data
Homes in Kensington Chinatown took a median of 31 days to sell over the last 90 days, with the quickest quarter selling within 16 days and the slowest quarter taking more than 64, across 46 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 64 days.
The median sale price was $614,400.
Homes sold for about 4.6% below asking on average, so there was room to negotiate.
About 7% of sales closed above the list price.
Around 20% of sellers reduced their price before finding a buyer.
Based on 46 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Toronto (Kensington-Chinatown) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
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