Location, character, and incredible potential! 112 Baldwin Street offers an extraordinary investment opportunity in Kensington Market. Built in 1880, and having been held by the same family for 4 generations, this classic Toronto Victorian showcases incredible curb appeal with its striking red brick façade and classic Toronto bay-and-gable style. Inside, large principal rooms are filled with impressive natural light streaming through large windows, showcasing soaring ceilings across all floors and timeless original architectural details-including beautifully detailed front door, stained glass, rich wood mouldings, ornate archways, pendants, fireplaces, and hardwood floors. The layout features 4 full kitchens and 4 full washrooms across 3 above-grade living floors, plus the finished basement with impressive height, a separate external entrance, and direct interior access. This setup offers endless possibilities for multi-unit rental income, multi-generational living, live-in income, or conversion into a show-stopping single-family residence in the heart of downtown Toronto. Additional highlights include sweeping CN Tower and skyline views from the top-floor balcony, 2 side by side laneway parking spaces, and laneway housing potential (see report). Steps to shops, dining, transit, and amenities in a 100% walkable location. Twin neighbouring property at 110 Baldwin St is also available - buy individually or together!