Retail

359 Spadina Avenue

Toronto (Kensington-Chinatown), Ontario M5T2G3

$6,500,000

MLS® C14106828

  • 15,000 sq ftInterior
  • Bldg=45 x 140 FTLot size

Overview

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 U oT which is host over 60.000 students makes high value for the property. (id:57793)

Property details

MLS® number
C14106828
Price
$6,500,000
Listing
For sale
Property type
Retail
Interior size
15,000 sq ft
Lot size
Bldg=45 x 140 FT
Heating
Forced air
Cooling
None
Water
Municipal water
Zoning
Commecial And Residential
Annual taxes
$85,572

Location

Address
359 Spadina Avenue
City
Toronto (Kensington-Chinatown)
Area
Kensington-Chinatown
Province
Ontario
Postal code
M5T2G3
Country
Canada

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