Home · Buy · Toronto C01 · 193 1/2 Baldwin Street, Toronto, ON M5T 1M1
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For Sale · Commercial Retail
193 1/2 Baldwin Street, Toronto, ON M5T 1M1
Toronto C01 · Kensington-Chinatown
Street garage
0
Beds
—
Baths
0
Parking
2100 sq ft
Sq ft
—
Built
The honest picture
List price
$1,995,000
Renavu Estimate
—
Benchmark · All homes
$621,300
Listed 221% above the Kensington-Chinatown benchmark for all homes homes (TRREB HPI, June 2026). Estimate for guidance only — not an appraisal.
About this home
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 7%, this is a rare opportunity to acquire a premier income-producing asset in one of Toronto's most sought-after neighbourhoods.
Property details
Listed on
June 24, 2026
Days on market
30 days
Property tax
$16,129.88 (2026)
Lot
15.58 × 134.99 Feet
Heating
Gas Forced Air Open
Cooling
Partial
MLS®
C13484704
Full details
Parking
GarageStreet
Property & sold history
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See this home's sale & listing history
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What you actually need in cash — land transfer tax, closing costs, and your down payment.
Purchase price
$
Down payment · 20.0%
$
Down:or type any amount above
Homes over $1.5M require a minimum 20% down payment.
Legal fees
$
Title insurance
$
Home inspection
$
Ontario land transfer tax$36,375
Toronto municipal LTT$36,375
Legal · title · inspection$2,800
Closing costs$75,550
Down payment$399,000
Total cash to close$474,550
Estimates only, not legal or tax advice. Ontario LTT rates 2025; City of Toronto MLTT applies inside Toronto (incl. Scarborough, North York, Etobicoke, York, East York). Durham and Markham buyers pay no municipal LTT.