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.
Address
359-363 Spadina Avenue
List Price
$9,980,000
MLS® Status
New
Expiration Date
2026-08-10
Property Type
Commercial
Type of Dwelling
Commercial Retail
Transaction Type
For Sale
Area
Toronto C01
Sub-Area
Kensington-Chinatown
Region
Toronto
Lot Depth
140
Lot Type
Building
Lot Size Units
Feet
Lot Width
45
Total Building Area
15000
Occupant Type
Tenant
Cross Street
Spadina/College
MLS® Number
C12402916
Listing Brokerage
RE/MAX ATRIUM HOME REALTY
Basement
Yes
Postal Code
M5T 2G3
Tax Amount
$85,571.64
Tax Year
2025
Community Features
Public Transit
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heating
Yes
Heat Type
Electric Forced Air
Cooling
No
Cooling Features
No
UFFI
No
Garage Type
None
Security Features
Yes
