28 CECIL STREET, Toronto (Kensington-Chinatown)

2025-10-09
 

Quick Summary

Location
28 CECIL STREET, Toronto (Kensington-Chinatown), Ontario M5T1N3
Price
$8,888,000 CAD
Status:
For Sale
Property Type:
Multi-family
Area:
5000 - 100000 sqft
Bedrooms:
25
Bathrooms:
14

MLS®#C12454547

Property Description

A rare chance to own a prestigious corner freestanding, 3-storey building featuring six self-contained rental units. Ideally located in the centre of downtown. Only two-minute walk to the University of Toronto. Six apartment units. 25 bedrooms, 6 kitchens. 16 parking spots. Coin laundry system for tenants. 6,862 sq ft above grade. Full basement with an opportunity to add additional living space. Just steps from Chinatown, Kensington Market, OCAD University, and Entertainment District. Easy access to public transit and major hospitals. Enjoy unbeatable convenience with restaurants, grocery stores, and cafes just around the corner. A truly prime location offering consistent rental demand and long-term value. Perfect for strong and steady income. Fire code compliant building. Fire escape for each unit. Fire sprinklers in whole building. New owner can build one more 3-storey building at the back. Drawings are available. Zoning permits apartment building, townhouse, short-term rental, etc. Priced to sell. (id:32467)

Property Features

Building

  • Basement Development: Finished
  • Basement Type: N/A (Finished)
  • Cooling Type: Central air conditioning
  • Exterior Finish: Brick
  • Fireplace: No
  • Interior Size: 5000 - 100000 sqft
  • Building Type: Other
  • Stories: 3
  • Utility Water: Municipal water

Land

  • Land Size: 64.2 x 130.4 FT
  • Sewer: Sanitary sewer

Zoning

  • Description: R (F4.5;Dl.0) (X835)

Information entered by RE/MAX REAL ESTATE CENTRE INC.
Listing information last updated on: 2025-10-23 15:38:01


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$500,000

Your One Percent Realty Commission savings

$500,000

Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 5% + HST . Not all agents charge the same.

One Percent Realty's top FAQs

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What is the deal exactly, with One Percent?

We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estate sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!

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What do you charge?

We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.

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