237 - 222 SPADINA AVENUE, Toronto (Kensington-Chinatown), Ontario, M5T3A2

Property Description

A small multi-unit retail portfolio within Chinatown Centre under single ownership. The property includes one retail condominium unit of approximately 91 square feet together with seven exclusive use retail kiosks, totalling approximately 1,932 square feet distributed throughout the Centre. The kiosks are positioned along the main retail level near entrances from Spadina Avenue, Cameron Street, and the stair access to the lower-level food court, placing the units within established daily pedestrian movement. The retail condominium unit is located on the second floor and features glass walls from floor to ceiling. The structure allows income from multiple tenants with leases occurring at different times, reducing reliance on a single business while maintaining flexibility over time. The overall footprint remains compact and straightforward to manage. The property currently generates positive net cash flow and provides stable income from diversified tenants. The portfolio will appeal to investors, retail owners and operators, and business owners familiar with Chinatown Centre and its central downtown location. (id:64974)

Quick Facts

• Property Type: Retail
• Bedrooms: None
• Bathrooms: None
• Living Area: 1,932 sq ft (179.5 m²)
• Frontage: 360 ft (109.6 m)

Costs

• Annual Taxes: $7,198.63

Listing Provided by: SOTHEBY'S INTERNATIONAL REALTY CANADA
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.