$1,349,000

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13 Baldwin Street, Toronto (Kensington-Chinatown) - Retail for Sale

13 Baldwin Street, Toronto (Kensington-Chinatown), Ontario, M5T1L1

1,895 ft²15 × 132 ft (1,980 sq ft) lot sizeListed 118 days ago

Overview

This retail property in Toronto is for sale offering roughly 1,895 sq ft of space.

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Description

An exceptional mixed-use investment opportunity in the heart of Baldwin Village. Built in 1890,13 Baldwin Street blends historic character with stable rental income in one of Toronto's most desirable commercial corridors. The property is fully leased, featuring Hattendo, a well-established and highly regarded Japanese bakery with a strong local following, on the ground floor, along with a spacious three-bedroom residential apartment above, creating two reliable income streams. Situated in the heart of Baldwin Village, just steps from Kensington Market, the University of Toronto, Mount Sinai Hospital, the AGO and countless restaurants, cafés and everyday amenities, the property benefits from exceptional pedestrian traffic and outstanding connectivity. A truly rare offering in the downtown core, the property also features parking for up to four vehicles at the rear, an incredibly scarce amenity that significantly enhances tenant appeal and long-term value. Whether you're looking to expand your investment portfolio or acquire a landmark mixed-use asset in one of Toronto's most vibrant neighbourhoods, 13 Baldwin Street presents an outstanding opportunity. (id:66096)

Property Details

MLS®: C13542192
Property Type: Retail
Zoning: CR1.5(c1;r1.5)*2471)
Interior Size: 1,895 ft²
Lot Size: 15 × 132 ft (1,980 sq ft)
Frontage: 15 ft
Heating: Forced air, Natural gas
Cooling: Partially air conditioned
Property Tax: $14,782.36/yr
Listed: 118 days ago

Services

Water: Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

118d

Toronto (Kensington-Chinatown) listings, avg age

81d

Price / ft²

$712

List price

$1.35M

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

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Listed by ROYAL LEPAGE SIGNATURE REALTY · COLE RESNICK

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5T)

This home lists at $1,349,000, about 21.9× the local median household income of $61,600.

Carrying it typically needs a household income of about $263,507 (20% down, 25-yr amortization, stress-tested) — roughly 328% above the area median.

Median household income: $61,600
Population: 17,903
Median age: 36
Owner / renter: 32% / 68%
Avg. household size: 1.9

Source: Statistics Canada, 2021 Census (FSA M5T)

$1,349,000· $712/ft²

For sale

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