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302 Spadina Avenue


Exterior of 302 Spadina Ave.

Exterior of 302 Spadina Ave.

In June 2025, after months of negotiations, research, and due diligence, KMCLT officially acquired its third property at 302 Spadina Avenue! The property has a 5-storey building containing 26 apartments and 11 commercial spaces. It also features a large rear parking lot that connects to Kensington Avenue, offering us the exciting potential for a future affordable housing development.

KMCLT will be connecting with all tenants to discuss pathways for reducing residential rents where possible. Since the residential units were constructed in 2019, they are not covered by provincial rent control, meaning that rents could be raised beyond regulated guidelines. With KMCLT’s ownership, we are happy to share that all 26 residential units will now be subject to rent control—giving tenants stability and peace of mind, free from the threat of unfair rent hikes.

Close up view of the apartments at the back of 302 Spadina Ave.

Located at the intersection of two neighbourhoods, we hope to steward the site at 302 Spadina while deepening relationships in the Kensington-Chinatown community. We are committed to providing affordability for residents and tenants across both neighbourhoods, and we are eager to learn from the rich legacy of culturally rooted community organizing and mutual aid led by our neighbours in Chinatown. We look forward to working with existing tenants and neighbourhood partners to ensure this site has a smooth transition from private hands to community ownership.

We are grateful for funding assistance from the City of Toronto (via the Multi-Unit Residential Acquisition program), Councillor Dianne Saxe (from her Ward’s Section 37 Funds), and the Vancity Community Foundation. These contributions, combined with mortgage financing from Vancity Community Investment Bank, enabled us to purchase this site.

With our third property acquisition complete, KMCLT is gearing up to launch our next Community Bond Campaign this summer. Our goal is to raise $2 million in community bonds to repay a part of the mortgage for 302 Spadina by the end of this year. If you’ve been looking for a way to ethically invest your money and support our work, now is your chance! Join our waitlist to be notified when our campaign launches or reach out to us at invest@kmclt.ca to learn more. 

Rear view of 302 Spadina Ave.

Rear parking lot at 302 Spadina, looking west towards Kensington Ave.

Map of the property at 302 Spadina, highlighted in blue. KMCLT now owns the laneway that runs from the parking lot to Kensington Ave.

Land AcknowledgementWe, as members of the Kensington Market Community Land Trust, are aware that we are a settler organization. Kensington Market sits in the traditional territory of many nations, including the Mississaugas of the Credit (an Anishnaabe people), the Haudenosaunee Confederacy, the Wendat and Petun Nations, land which is now home to many First Nations, Inuit and Métis.

This land is covered by the Dish With One Spoon wampum belt covenant, an agreement by the Six Nations of the Haudenosaunee to share resources equally and peaceably. It is also covered by Treaty 13 with the Mississaugas of the Credit. As a settler organization concerned with land ownership, we acknowledge that we have broken the treaties. Our work for the well-being of this land must include accountability to our relatives.

More Community Groups
Kensington-Bellwoods Legal Clinic
https://www.kbcls.org/
Toronto Chinatown Land Trust
https://chinatownlandtrust.ca/
Friends of Chinatown Toronto
www.instagram.com/friendsofchinatownto

Our Contact

Mailing Address:
103 Bellevue Avenue,
Toronto, ON, Canada

Email:
info@kmclt.ca