$2,298,000
( $675.88Per Sq Foot )
 $12,336 forsale estimated payment Sourced by Back At You

380 Spadina Avenue , Toronto C01, ON M5T 2G5

Toronto C01, ON M5T 2G5

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Description

Prime 3-storey mixed-use investment opportunity on bright West side of Spadina Ave. Quality ground floor retailer with secure Lease (4 years remain) offers steady income stream + 2 recently renovated residential apartments on 2nd & 3rd floors. 2nd floor apartment vacant & 3rd floor apartment is M2M quality tenant. Fully leased this building generates over $11,350 per month or $136,200 annually in gross income. Recent 2023 upgrades to residential apartments include: vinyl flooring, new paint, new windows and skylights, laundry, new electric light fixtures, tile floors in washrooms, new furnace, & new building sewer line. This property offers high pedestrian & vehicular traffic and is steps to Kensington Market, the AGO, U of T, Chinatown, TTC access & quality retail. Development upside through potential future assembly of nearby properties & asset appreciation with future Ontario Line station at Queen & Spadina.

Details

MlsC11228323
Listing TypeFor Sale
SubtypeResale
StatusNew
Days On Site15
Listing Provided ByFOREST HILL REAL ESTATE INC. | Not Provided

Features

Baths3
Sq Feet3,400
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board.

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Learn More About This Property

StateON
CountyToronto
CityToronto C01
Zip CodeM5T 2G5
AreaKensington Chinatown
Listing VS Median (in M5T 2G5)
Price:
$2,298,000
low | high
Med:
$2,298,000
50% of Average
SqFt:
3,400
low | high
Med:
3,400
50% of Average
$ / SqFt:
$676
low | high
Med:
$676
50% of Average
On Site:
15
low | high
Med:
15.000000
100% of Average
Sourced by Back At You
Listing Updated: November 29, 2024 at 6:45:50 PM PST
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