For Sale9,980,000

For Sale
 
MLS® No:
C12402916
Intersection:
Spadina/College
Community:
Kensington-Chinatown
Address:
359-363 Spadina Avenue Ave, Toronto, ON, M5T 2G3
  • C12402916 photo
  • C12402916 photo

Features

Property Type:
Commercial Retail
Land Size:
45 X 140Feet
Approximate Square Footage:
15000Square Feet
Possession:
180
Annual Property Taxes (estimate):
Annual85,571.64 / 2025 Tax Year Annual
Garage Type:
None
Heat Type:
Electric Forced Air
Outside Storage:
N
Central AC:
No
Ensuite Laundry:
N
Zoning:
Commecial And Residential
Rarely offered for Sale 3 building with Mixed-use commercial and residential. Current property has Commercial units at Ground-level retail units with established tenants providing stable monthly rental income and Residential at Upper-level residential apartments offering consistent occupancy and cash flow. Prime Location:Situated in one of Torontos most vibrant corridors, with high pedestrian and vehicular traffic, excellent transit access, and proximity to the citys cultural, shopping, and entertainment hubs. Development opportunity for a 60-unit apartment development of 15 floors allowing the buyer to significantly enhance the properties long-term value and income potential. Close to UoT which is host over 60. 000 students makes high value for the property.
Listing Contracted With: Re/Max Atrium Home Realty, Brokerage (Independently Owned & Operated)
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind.
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Phoebe LiSales RepresentativeDirect: 647-302-5777Bus: 905-597-0800