48 D'ARCY REAR STREET, Toronto (Kensington-Chinatown)

$1,049,999

For sale: Vacant Land

Vacant Land at 48 D'ARCY REAR STREET, Toronto (Kensington-Chinatown)
Property type
Vacant Land
Living area
699 sqft
MLS®
MLS® C11938527
Neighbourhood
Kensington-Chinatown

Attention builders and investors this vacant land presents a prime development opportunity in the heart of downtown Toronto. Strategically located on a quiet laneway, it offers exceptional proximity to the University of Toronto, the Ontario College of Art and Design, Queens Park, major hospitals, and the TTC. This desirable location, combined with strong rental demand, makes it ideal for the construction of a rental building. This is an exceptional opportunity to acquire a development site in one of Toronto's most sought-after neighborhoods.

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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 64 days.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 48 D'ARCY REAR STREET