For Sale
48 D'arcy Rear Street
Kensington-Chinatown, Toronto, ON
$1,350,000
0Bd
0Ba
< 700sqft
56.26 x 63.12 ftlot
LandMLS# C11938527Listed 2025-01-24483 DOM
On the market for 483 days — longer than average. The seller may be open to negotiation.
About this home
Attention builders and investors this vacant land presents a prime development opportunity in the heart of downtown Toronto. Strategically located on a quiet laneway, it offers exceptional proximity to the University of Toronto, the Ontario College of Art and Design, Queens Park, major hospitals, and the TTC. This desirable location, combined with strong rental demand, makes it ideal for the construction of a rental building. This is an exceptional opportunity to acquire a development site in one of Toronto's most sought-after neighborhoods.
Features
- None
Financials
Annual Taxes
$9,592.03
Estimated Rental Income
Entire property$2,000 – $3,000/mo
Rental yield1.8% – 2.7%
*Estimates based on comparable rentals in the area. Actual income may vary.
Market Data — Toronto
Days on market483 days
Buyer's MarketSeller's Market
Based on active listings in Toronto. Data updates daily.
Demographics — Toronto
Population
2,794,356
Avg Household Income
$102,000
Age Distribution
0-19
19%
20-34
24%
35-49
21%
50-64
19%
65+
17%
Ownership53% own · 47% rent
EnglishMandarinCantoneseTagalogTamil
Getting around
How walkable, bikeable, and transit-friendly this neighbourhood is.
68
/ 100
Walk Score
Somewhat Walkable
62
/ 100
Transit Score
Good Transit
74
/ 100
Bike Score
Very Bikeable
Scores are estimates based on neighbourhood data and are for informational purposes only.
MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.
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