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Land For Sale in Kensington-Chinatown, Toronto

1 Land For Sale in Kensington-Chinatown, Toronto

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Kensington-Chinatown Market

Use our home price trends to better gauge local market conditions and plan your next move. The graphs below show benchmark or average prices of homes sold in the area. Data generated by MLS® Systems and the MLS® Home Price Index (HPI) — Canada’s most advanced tool to gauge local home price levels and trends.
Year over year
Past 10 years
Market Price (CAD)
$934,600
Difference over last year (%)
-4.6

Kensington-Chinatown

Kensington-Chinatown is a neighbourhood within Toronto, Ontario, which is located in the Greater Toronto Area metropolitan area.

Transportation

Kensington-Chinatown is a great part of Toronto for environmentally friendly transportation options. With plenty of nearby rapid transit stations on the Line 1 (Yonge-University), and about 20 nearby bus lines, the transit service in this neighbourhood is especially practical. Property owners who value being in a walkable community will also enjoy the particularly pedestrian-friendly character of Kensington-Chinatown; all daily needs can be carried out without needing to get in a car, and plenty of businesses are very close at hand. Kensington-Chinatown is a very convenient part of Toronto for cyclists. More specifically, there are a fair number of bike lanes, and there is usually a bike-share station in proximity.

Services

It is usually an option for home buyers in Kensington-Chinatown to purchase general and specialty groceries without a car. Baldwin Street is among the best streets for food stores. Additionally, those who appreciate dining out won't have to go far in Kensington-Chinatown, where over 700 restaurants and over 100 coffee shops are available. Property owners benefit from a very large number of clothing stores within a short distance. In terms of education, in Kensington-Chinatown, families will almost always be able to reach schools and daycares by walking.

Character

Kensington-Chinatown is a "jack-of-all-trades" when it comes to the feel of this part of Toronto. This area has a very large number of streets to discover. The streets are usually busy with people, numerous entertainment venues can be found nearby, and finding one of the over 50 bars is very easy because they are generally situated in very convenient locations. Kensington-Chinatown is reasonably quiet, as noise from the streets and other parts of the city is rarely an issue. Greenery is not especially present in this area; more specifically, residents will find that there are few tree-lined streets. However, public green spaces, including Queen's Park and Trinity Bellwoods Park, are especially well-situated and there are over 100 of them close by for residents to relax in, making it very easy to reach them.

Housing

Large apartment buildings are the predominant housing type, representing roughly 60% of dwellings in Kensington-Chinatown, whereas the rest are mainly small apartment buildings. This part of Toronto is primarily composed of two bedroom and one bedroom homes. Roughly 70% of the properties in the neighbourhood are occupied by renters while the remainder are occupied by owners. This part of Toronto did not experience a single building boom; the construction of new dwellings in Kensington-Chinatown was spread throughout several decades in recent history.