81 Huron Street, Toronto (Kensington-Chinatown) - Retail for Sale
81 Huron Street, Toronto (Kensington-Chinatown), Ontario, M5T2A8
1 parking3,126 ft²15 × 82 ft (1,257 sq ft) lot sizeListed 55 days ago
Overview
This retail property in Toronto is for sale offering roughly 3,126 sq ft of space. It has been on the market 55 days, fresher than the Toronto average of 81 days.
Prime Chinatown-Kensington Market Investment Gem. A standout opportunity in one of Toronto's most vibrant and high-traffic neighbourhoods. This attractive two-storey mixed-use building features two commercial units and two stylish bachelor apartments, offering a versatile and income-generating investment profile. The main-floor commercial space is home to a well-established and popular café, drawing steady foot traffic year-round. The lower-level walk-down unit is leased to a thriving restaurant takeout business, providing stable commercial tenancy. On the upper level, you'll find two bright, modern bachelor suites, both offering generous layouts and contemporary finishes. These residential units will be delivered vacant on closing, giving investors the flexibility to set market rents or explore alternative uses. A rare rear parking space adds further convenience and value. Situated steps from everything that makes Chinatown and Kensington Market iconic-renowned eateries, grocery stores, boutique retailers, cafés, and effortless TTC streetcar access. Minutes to the AGO, downtown core, major hospitals, U of T, OCAD, the financial district, and the city's cultural heartbeat. A high-demand location, strong existing tenancies, and exceptional upside potential-this is an opportunity you won't want to miss. (id:66096)
Property Details
MLS®
C13766704
Property Type
Retail
Zoning
CR3(c2.5;r1.5*2033)
Parking
1
Interior Size
3,126 ft²
Lot Size
15 × 82 ft (1,257 sq ft)
Frontage
15 ft
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Property Tax
$14,502.24/yr
Listed
55 days ago
Services
Water
Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Days on market
55d
Toronto (Kensington-Chinatown) listings, avg age
81d
Price / ft²
$604
List price
$1.89M
Long Listed: 55 days on market, against an average age of 81 days across the listings currently for sale in this city
Market timing · days on market0 → 81d avg age of current listings
Long Listed · day 55
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
This retail in Toronto (Kensington-Chinatown) has been listed for 55 days, which is 26 days fresher than the city average of 81. Act while there is still low competition.
Listed by CENTURY 21 FINE LIVING REALTY INC. · ANTHONY GALLIPPI
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Area context
Neighbourhood profile (M5T)
This home lists at $1,888,888, about 30.7× the local median household income of $61,600.
Carrying it typically needs a household income of about $368,966 (20% down, 25-yr amortization, stress-tested) — roughly 499% 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)
$1,888,888· $604/ft²
For sale
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