$1,700/mo
For rent: Apartment

Furnished Studio in Downtown Toronto - Steps to U of T! Rare Lease Assignment Opportunity to secure a below-market rent of $1,700/month until April 30, 2027! This fully furnished studio features a private balcony and comes furnished with a Queen-size bed, TV, dining table with 4 chairs, décor, and a 3-piece patio set. Ideally located in downtown Toronto, next to Kensington Market and Chinatown, and within walking distance to the University of Toronto, restaurants, museums, libraries, and hospitals. Public transit is available right outside the building. Heat and water included; tenant pays hydro only. Students and newcomers welcome. A convenient and affordable opportunity to live in the heart of downtown Toronto, close to U of T and everything the city has to offer.
Sold data
Apartment homes in Toronto (Kensington-Chinatown) took a median of 29 days to sell over the last 90 days, with the quickest quarter selling within 16 days and the slowest quarter taking more than 54, across 2,818 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 56 days.
The median sale price was $569,000.
Homes sold for about 3.3% below asking on average, so there was room to negotiate.
About 13% of sales closed above the list price.
Around 18% of sellers reduced their price before finding a buyer.
Based on 2,818 recorded sales in the last 90 days. 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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