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359-363 Spadina Avenue Toronto, Ontario M5T 2G3

15000 sqft
None Forced Air

$9,980,000

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. (id:60365)

Property Details

MLS® Number C12402916
Property Type Retail
Community Name Kensington-Chinatown
AmenitiesNearBy Public Transit

Building

CoolingType None
HeatingFuel Electric
HeatingType Forced Air
SizeExterior 15000 Sqft
SizeInterior 15000 Sqft
UtilityWater Municipal Water

Land

Acreage No
LandAmenities Public Transit
SizeDepth 140 Ft
SizeFrontage 45 Ft
SizeIrregular Bldg=45 X 140 Ft
SizeTotalText Bldg=45 X 140 Ft
ZoningDescription Commecial And Residential

https://www.realtor.ca/real-estate/28861288/359-363-spadina-avenue-toronto-kensington-chinatown-kensington-chinatown

Melinda Wu
Broker of Record


RE/MAX Atrium Home Realty
7100 Warden Ave #1a
Markham, Ontario L3R 8B5

Yaqi Zeng
Broker


RE/MAX Atrium Home Realty
7100 Warden Ave #1a
Markham, Ontario L3R 8B5

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