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$ 1,995,000
Est. payment /mo
Active Under Contract
193 1/2 Baldwin ST Toronto C01, ON M5T 1M1
2,100 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 2,100 sqft
Price per Sqft $950
Municipality Toronto C01
Subdivision Kensington-Chinatown
MLS Listing ID C13484730
Annual Tax Amount $16,129
Tax Year 2026
Property Sub-Type Investment
Property Description
Located in one of the best locations in Kensington Market, directly across from Tom's Place and Blackbird Baking Co., and alongside Jimmy's Coffee, this fully renovated mixed-use property offers exceptional visibility and long-term value. The commercial space features impressive high ceilings, a new HVAC system, newly installed floor-to-ceiling store-front windows, and a new front entrance that creates outstanding street presence and curb appeal. Situated on one of the deepest lots in Kensington Market, the property offers significant future expansion potential. It is currently fully leased to a longstanding, high-quality retail tenant with approximately three years remaining on the lease. The residential apartment benefits from its own separate street entrance and private rear patio. Offering a cap rate of over 7%, this is a rare opportunity to acquire a premier income-producing asset in one of Toronto's most sought-after neighbourhoods.
Location
Province ON
County Toronto
Community Toronto C01
Area Toronto
Interior
Cooling Partial
Exterior
Community Features Public Transit
Utilities Available Yes
Lot Frontage 15.58
Lot Depth 134.99
Others
Security Features Partial
ParcelsYN No
Listed by CB METROPOLITAN COMMERCIAL LTD.