$1,299,000
For sale: Vacant Land

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 Toronto (Kensington-Chinatown) took a median of 24 days to sell over the last 90 days, with the quickest quarter selling within 12 days and the slowest quarter taking more than 46, across 5,983 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 47 days.
The median sale price was $799,900.
Homes sold for about 3.0% below asking on average, so there was room to negotiate.
About 20% of sales closed above the list price.
Around 16% of sellers reduced their price before finding a buyer.
Based on 5,983 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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