420 SPADINA AVENUE, Toronto (Kensington-Chinatown), Ontario, M5T2G7
MLS: C13004322 | Retail
$1,935,000
Property Description
Opportunity Knocks With Vacant Possession At Closing - your chance to secure a standout property on iconic Spadina Avenue, perfectly positioned in the heart of Toronto.Ideal for owner-operators and strategic investors alike, this mixed-use building offers remarkable scope for renovation, redevelopment, and long-term value growth. Recent upgrades - including a new roof and third-floor patio (2022), basement sprinklers, and a main floor security system - provide a solid framework for your next evolution of the space.The property features over 1,000 sq. ft. of vacant retail space ready for occupancy, complemented by basement storage and a spacious 1,600+ sq. ft. residential apartment above. This flexible layout invites the creation of a contemporary live-work environment, boutique retail concept, or fully leased investment property. The top two floors can easily be reconfigured into two distinct residential units, broadening income potential, while parking for up to four vehicles adds everyday convenience rarely found downtown.Set within one of Toronto's most dynamic neighbourhoods, steps to TTC, the subway, U of T, the Gardiner and more, this address delivers both a prime location and compelling opportunity. Whether you're envisioning a flagship operation, a modern live-work space, or a strategic addition to your real estate portfolio, this Spadina Avenue property stands ready to perform. (id:64974)
Quick Facts
- Property Type: Retail
- Bedrooms: None
- Bathrooms: None
- Living Area: 2,679 sq ft (248.9 m²)
- Frontage: 16 ft (5 m)
Costs
- Annual Taxes: $26,038.00
Listing Provided by: BOSLEY REAL ESTATE LTD.
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.
Detailed Features
Interior & Systems
- Heating: Forced air, Natural gas
- Cooling: Partially air conditioned
Exterior & Construction
- Sewer: Sanitary sewer
- Water: Municipal water
Lot & Land
- Frontage: 16 ft (5 m)
- Features: Irregular lot size
- Zoning: CR2.5 (c2;r2) *1865)
Community & Neighbourhood
- Neighbourhood: Kensington-Chinatown
Listing Information
Listing History
MLS listing activity for 420 SPADINA AVENUE, Toronto (Kensington-Chinatown), Ontario, M5T2G7 — dates reflect when changes were recorded in the DDF
Location & Neighborhood
🚗 Travel times
Neighborhood Walkability
Mortgage & Cost Calculators
Nearby Homes ?Nearby Homes — Search CriteriaSearch Radius1 kmPrice Range±30%Match BedroomsNoMatch BathroomsNo
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684 COLLEGE STREET, Toronto (Palmerston-Little Italy)
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Property Comparables ?Active Comparables — Search CriteriaSearch Radius2 kmPrice Range±15%Match Home TypeYesMatch BedroomsYes
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Retail$7,000/mo
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420 SPADINA AVENUE, Toronto (Kensington-Chinatown), Ontario, M5T2G7