Kensington Community Bonds
Our Experience
In 2024, KMCLT launched its first community bond campaign, raising over $1 million in community investments in eight months. Using these funds, we repaid our Vendor-Take-Back Mortgage for our first building at 54-56 Kensington Ave. and acquired a second building at 380 Spadina Ave.
In 2025, KMCLT launched its second community bond campaign, raising over $1 million in community investments in just four and a half months. Using these funds, we repaid a portion of our mortgage on 302 Spadina Ave.
Across both campaigns, we have raised over $2 million in community bonds, with 260 unique investors and over 300 bonds issued to date. Our community bonds are invested across all three of KMCLT’s properties, and have enabled our organization to access lower interest debt to advance our affordability and community ownership goals.
Currently, we are not issuing new community bonds, but you can sign up for our waitlist to be notified of the next opportunity to invest.
Kensington Community Bond launch party, April 2024.
What Are Community Bonds?
A community bond is an interest-bearing loan that a non-profit, charity, or co-operative can issue to support a project they are undertaking. Individuals and organizations can purchase bonds and earn a fixed interest rate, and their investments support projects that generate social, cultural, and/or environmental returns.
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
Mailing Address:
103 Bellevue Avenue,
Toronto, ON, Canada
Email:
info@kmclt.ca