Commercial Retail for Sale: 359 Spadina Avenue, Kensington-Chinatown, Toronto

MLS® Number C14106828
For Sale   $ 6,500,000
  • 15000 SQFT
Kate Naccarato
Kate Naccarato Sales Representative 416-779-6085
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Description

Commercial Commercial Retail For Sale.

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.

Community Features: Public Transit

Cross Street: Spadina/College

Key Facts

  • Days on: 4 days
  • Mls Status: New
  • Board Property Type: Com
  • Lot Type: Building
  • Lot Width: 45.00
  • Garage Type: None
  • Heat Type: Electric Forced Air
  • Cooling: No
  • Building Area Total: 15000 Square Feet
  • Retail Area: 6500 Sq Ft

Location 359, Spadina, Kensington-Chinatown, Toronto

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Kate Naccarato
Sales Representative 416-779-6085