$8,888,000Asking Price
28 Cecil Street, Toronto C01, ON M5T 1N3
Chinatown, Toronto
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.
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.
See MoreKey Info
- 3-Storey Multiplex
- 4+ Parking
- No Garage
- College & Spadina
- 5000 + Approximate Sq Feet
- 100+ Years Approximate Age
- No Ensuite Laundry
- Forced Air Gas Heating
- Central Air
Property
- Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
- Taxes were $24,161 in 2025
- Possession: TBD
Details
- Brick Exterior
- No Fireplace
- 6 Kitchens
- MLS #C12454547
- RE/MAX REAL ESTATE CENTRE INC.
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
 | 11 3-Piece Bathrooms | |||
| 2 2-Piece Bathrooms | |||
| 1 1-Piece Bathroom | |||
How Far is Too Far?
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Who lives here?
Chinatown, Toronto is a central Toronto neighbourhood notable for its singles, renters, university grads, business, science, health, education, law & public sector and arts & culture professionals and salespeople. It has a higher than average population of immigrants from China, and Cantonese and Mandarin speakers. Residents tend to be younger with a significant number of youth aged 20 to 24 and adults aged 25 to 39.
Families
Kids Per Family
0.7
kids per family
in the neighbourhood.
Gta ({{ '1.29999995231628' | number: 1 }})
Singles
67%
of residents are
single and loving it.
67% singles
Toronto (50%)Gta ({{ '44.8800010681152' | number: 0 }}%)
Renters
71%
of residents
are renters.
71% renters
Toronto (47%)Gta ({{ '33.0200004577637' | number: 0 }}%)
Education
64%
of residents are
university grads.
64% university grads
Toronto (48%)Gta ({{ '43.6699981689453' | number: 0 }}%)
Income
Average Household Income
$92K
is the average household
income in the neighbourhood.
Gta ({{ '135056.828125' | minifiedCurrency }})
Professions
Professions
| Sales | 15% |
| Business | 12% |
| Government | 9% |
| Culture | 8% |
| Sciences | 8% |
Immigrants
41%
of residents were
born outside of Canada.
41% immigrants
Toronto (48%)Gta ({{ '45.4300003051758' | number: 0 }}%)
Birthplace - All
13.2% from China
All-time
Birthplace - Recent
2.5% from China
Recent
Foreign Languages
Foreign Languages
| Cantonese | 11% |
| Mandarin | 9% |
| French | 2% |
| Arabic | 2% |
| Chinese | 2% |
Religions
Religions
| Christian | 31% |
| Muslim | 7% |
| Jewish | 5% |
| Buddhist | 3% |
| Hindu | 2% |
Social Housing
Social Housing Buildings
15
Social housing buildings
in the neighbourhood.
Shelters
Shelters
2
Homeless shelters in
the neighbourhood.
