$ 1
35 Kensington Ave & 23 St Andrews Street
University Supermarket Subway

35 Kensington Ave & 23 St Andrews Street

Commercial Apartment
Toronto, Ontario M5T 2J8
$ 1
Sale
Taxes $109,280 2025
Maintenance Contact Agent
University Supermarket Subway

History

MLS®# C12989542

MLS®# C12989542

2026.04.13 New $1

Other Records

2026.04.13 - 2026.04.13 New $1
2026.04.13 - 2026.04.13 New $1

Details

Interior Rooms
MLS®#
copy
Type
Commercial Apartment
Lot Size
194 × 294 Feet
Parking
0 Total Parking Spaces
0 Outside/Surface Garage
0 Parking Spaces
Last Update
2026-04-13
Possession Date
2026-08-31
Listing Date
2026-04-13
Air Conditioning
Yes
Broker
CUSHMAN & WAKEFIELD

About

Rare opportunity to acquire a three-building retail and mixed-use assembly on a prime block of Kensington Avenue. The properties span multiple frontages with rear laneway access, offering steady in-place income and strong redevelopment potential on top of existing retail value in a tightly held urban retail corridor. The offering includes approx. 3 retail units and 3 large residential apartments across three contiguous buildings. 25 Kensington Ave features an approx. 1,170 SF retail unit with approx. 917 SF lower level, currently vacant, providing immediate user or leasing potential. The upper level includes an approx. 4-bedroom apartment, leased month-to-month. Approx. GFA:3,737 SF.33 Kensington Ave includes a retail unit with lower level leased to Uncle Vintage, with an approx. 3-bedroom apartment above, leased month-to-month. Approx. GFA: 3,401 SF.35 Kensington Ave includes a retail unit with lower level leased to Grant & Garbo(month-to-month), with an approx. 3-bedroom apartment above, also leased month-to-month. Approx. GFA: 3,719 SF. All leases are flexible, providing strong and steady in-place income with near-term leasing and repositioning upside. The offering also includes a separate land parcel at 23 St. Andrews Street, currently improved with approx. [#] surface parking spaces, leased month-to-month, generating additional income while preserving future development flexibility. The assembly spans multiple retail frontages across a combined land area, creating a rare opportunity to acquire scale with meaningful redevelopment potential in addition to proven retail fundamentals in one of Toronto's most supply-constrained retail markets.

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More about the property

Investment Analysis

Estimated Monthly Costs
--
per month
Estimated Closing Costs
--
Property Tax $109,280 2025 year

Schools

JK - Grade12 University/College

Elementary (JK-G8)

Fraser Rank(2018) 513 / 3037 English
Fraser Rank(2018) 2026 / 3052 Catholic English French
Fraser Rank(2018) 2364 / 3037 Catholic English
Fraser Rank(2018) 161 / 3052 Catholic English

Secondary (G9-G12)

Fraser Rank(2023) 142 / 747 Secondary English
Fraser Rank(2023) 478 / 747 Secondary English Gifted
Secondary
Secondary
Secondary
Fraser Rank(2023) 178 / 747 Secondary Catholic English
Fraser Rank(2023) 1 / 747 Secondary Catholic English
Fraser Rank(2023) 559 / 747 Secondary Catholic English
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Neighbourhood

Subway Go Train Groceries
St. Patrick line: Line 1:Yonge-University 944 m
Union Station Go Train Line:Milton Go Train Line:Lakeshore East Go Train Line:Lakeshore West Go Train Line:Stouffville Go Train Line:Richmond Hill Go Train Line:Kitchener Go Train Line:Barrie 1.9 km
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T&T Supermarket 4.1 km
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