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$ 2,088,888
Est. payment | /mo
$ 2,088,888
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Municipality Toronto C01
Subdivision Kensington-Chinatown
MLS Listing ID C12473180
Annual Tax Amount $28,892
Tax Year 2025
Property Sub-Type Commercial Retail
Property Description
Prime three-storey mixed-use building located steps from the University of Toronto in the heart of downtown Toronto's Spadina Avenue corridor. The property totals approximately 2,435 SF and features an 853 SF fully-fixtured restaurant on the ground floor with a short-term lease in place, offering immediate flexibility for a purchaser. Two well-positioned residential apartments above provide stable supplementary income, and have convenient parking at the rear of the property. Highly visible along one of Toronto's most trafficked retail corridors, the property benefits from exceptional pedestrian and vehicular exposure and direct access to TTC streetcar service. Surrounded by new mixed-use developments, restaurants, and cultural amenities, this location sits within a high-growth area experiencing strong population and rental demand, making it a compelling opportunity for purchasers.
Location
Province ON
County Toronto
Community Kensington-Chinatown
Area Toronto
Zoning CR2.5(c2;r2)*1865)
Interior
Cooling Partial
Exterior
Utilities Available Yes
Lot Frontage 16.66
Lot Depth 108.0
Others
Security Features Partial
ParcelsYN No
Listed by CUSHMAN & WAKEFIELD
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