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Kensington Market, Toronto is a central Toronto neighbourhood known for a high number of cyclists, people who walk to work, renters, arts / culture / recreation / sports workers, and singles. It is a diverse neighbourhood notable for a high number of Mandarin, Cantonese, Chinese, Portuguese, and Japanese speakers.
Kensington Market largely features condos, accounting for 48% of sales, followed by townhouses at 25% and semi-detached houses at 12%. Condo apartments are the most common style and the majority of properties have 1 bedroom. The average price in Kensington Market over the past 12 months is $921,362, an increase of 10% over the same period last year. The average condo price over the past 12 months is $676,575 as compared to the average freehold price of $1,215,144 over the same period.