374 SPADINA AVENUE, Toronto (Kensington-Chinatown)

$1,299,000

For sale: Vacant Land

Vacant Land at 374 SPADINA AVENUE, Toronto (Kensington-Chinatown)
Property type
Land
MLS®
MLS® C13517338
Neighbourhood
Kensington-Chinatown

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".

Sold data

Homes in Kensington Chinatown — recent sold market

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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 64 days.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.

Median days to sell
31
Median sale price
$614,400
Sale-to-list ratio
95.4%
Sold above asking
7%

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

Schools in Toronto (Kensington-Chinatown)

Toronto (Kensington-Chinatown) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.

Rated schools
529
Elementary
425
Secondary
104
Average rating
6.2 / 10

Top-rated schools in Toronto (Kensington-Chinatown)

  • Cottingham — elementary, TorontoFraser rating 10.0/10
  • High Park Alternative — elementary, TorontoFraser rating 10.0/10
  • Northmount — elementary, TorontoFraser rating 10.0/10
  • Sathya Sai — elementary, TorontoFraser rating 10.0/10
  • St Michael's Choir — secondary, TorontoFraser rating 10.0/10
  • St Sebastian — elementary, TorontoFraser rating 10.0/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 374 SPADINA AVENUE