Metrohomes

Old Toronto · Toronto Neighbourhood Guide

Kensington-Chinatown

Renter-majority and more affordable — a corner of Old Toronto with its own character.

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Who Lives HereRentsTransitGrowth Zones

18,120

Population

34.8

Median Age

$62,000

Median Household Income

1.9

Avg. Household Size

32% OwnHome ownership in Kensington-Chinatown68% Rent

Renting in Kensington-Chinatown

$2,163

Average Rent / Month

2.8%

Rental Vacancy Rate

+13%

vs. GTA Average ($1,917)

Source: CMHC Rental Market Survey, October 2025 (Toronto (Central) zone). Adapted from CMHC data; this does not constitute CMHC endorsement.

About Kensington-Chinatown

Kensington-Chinatown is a renter-majority neighbourhood, where about 68% of households rent. With a median household income near $62,000, it's one of the more affordable parts of the city. It's a younger neighbourhood, dense and transit-oriented, with households that turn over more often.

Renting here commands a premium over the GTA average of $1,917 — a sign of sustained demand. For investors and owners eyeing a high-demand, transit-rich pocket, the relevant questions are about multiplex potential and purpose-built rental — the build-and-hold strategies we evaluate with construction-informed due diligence.

Metrohomes has been designing and building across Old Toronto since 1988. Whether you're weighing a renovation, a garden suite, a multiplex, or a custom new build in Kensington-Chinatown, we bring a builder's eye to what a property can actually become.

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Transit, walkability & what’s being built in Kensington-Chinatown

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Common Questions About Kensington-Chinatown

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