Unit-188 Spadina Avenue
Toronto, Kensington-Chinatown
0 Bed • 2 Bath
$2,649,888
Added 4 weeks
For Sale- Type: Commercial/Retail
- Age: -
- Days Listed: 31
- Last Updated: 1 month ago
Ask about this home
Rafal Starmach
Sales Representative at Right at Home Realty, Brokerage
Description
Attention Savvy Investors! Rare Opportunity To Own Prime Retail In The Heart Of Toronto. Incredibly Located Just Feet From The High Volume Intersection Of Queen Street And Spadina Avenue. High Volume Of Traffic. Ttc Located On Your Doorstep High Rise Condos Above And Adjacent To The Location. Increased Development With Additional Condo High Rises And New Hotel Accommodations Around The Corner, Will Drive Even Higher Customer Density.
Extras
This Property Comprises Units 15, 16 And 17 At 188 Spadina Ave. Currently Leased As Two Businesses With A Combined Gross Income Of $11425.63. Current Cap Rate Is An Attractive 3.93%! Tenants Are Open To Stay. Both Are Current With Payments.
Features
| Type: | Commercial/Retail |
| Age: | - |
| Type: | Q. |
| Property Type: | CommercialProperty |
| Taxes: | 12734 |
| Zoning: | Cr 3.5 (C2.0;R2. |
| Days On Market: | 1 |
| Listed by: | EXP REALTY, BROKERAGE |
| MLS®#: | C5198459 |
| Property Type: | Commercial/Retail |
| Type: | Retail Store Related |
| Property Type: | Retail |
| Status: | Sale |
| Type: | Q. |
| Type: | Retail Store Related |
| Property Type: | CommercialProperty |
| Property Type: | Commercial/Retail |
| Property Type: | Retail |
| Community: | Kensington-Chinatown |
| Availability Date: | Flexible |
| Bathrooms: | 2 |
| Air Conditioning: | Y |
| Basement: | N |
| Heat Type: | Gas Forced Air Closd |
| Elevator: | None |
| Freestanding: | N |
| Water Supply: | Municipal |
| Garage Type: | Underground |
| Tax Year: | 2020 |
| Tax Legal Description: | Unit 15, Level 1, Metropolitan, Toronto Condo |
| Taxes: | 12734 |
| Commercial Condo Fees: | 2745 |
| Taxes Type: | Annual |
| Cross Street: | Queen Street & Spadi |
| Municipality District: | Toronto C01 |
| Sewer: | Sanitary |
| Lot Size Units: | Feet |
| Zoning: | Cr 3.5 (C2.0;R2. |
| Municipality: | Toronto |
| Municipality District: | Toronto |
| Virtual Tour: | https://mediatours.ca/property/188-spadina-avenue-toronto/?access_token=556f1ffa773078f9c765308f0402 |
| Retail Area: | 2411 |
| Retail Area Metric: | Sq Ft |
| Sprinklers: | Y |
| Total Area: | 2411 |
| Total Area Metric: | Sq Ft |
| Area Influence: | Public Transit |
| Area Influence: | Subways |
| Tangible Property Included: | N |
| Lot Code: | Unit |
| Financial Statement: | N |
| LLBO: | N |
| Utilities: | Y |
| $2,649,888 - for Sale - MLS#: C5198459 |
This commercial/retail property at Unit - 188 Spadina Avenue, Toronto, M5T4A4 is currently for sale for $2,649,888. This property has been listed on Home.ca for 4 weeks and can be financed with an estimated mortgage of $8,977 per month*. Yearly property taxes for this home are approximately $12,734.
188 Spadina Avenue is a Commercial/Retail home. The home's closest main intersection is Queen Street & Spadi. The property is located in the Kensington-Chinatown neighbourhood in the city of Toronto, in the regional municipality of Toronto. Nearby neighbourhoods are University, Trinity Bellwoods, Bay Street Corridor, Annex, Palmerston Little Italy.
This home has 0 beds and 2 bathrooms . .This home has a n basement. The garage is underground. The property has central air for air conditioning.
Date of possession for this property is Flexible. This home was listed by EXP REALTY, BROKERAGE according to MLS® Reciprocity.
Elementary Schools
Ogden Junior Public School
JK-6, Public, 0.15 km
ALPHA Alternative Junior School
JK-6, Public, 0.47 km
Downtown Vocal Music Academy of Toronto
4-8, Public, 0.41 km
Ryerson Community School Junior Senior
JK-8, Public, 0.47 km
Beverley School
JK-8, Public, 0.67 km
St Mary Catholic School
JK-8, Catholic, 0.78 km
Secondary Schools
Oasis Alternative
9-12, Public, 0.47 km
Heydon Park Secondary School
9-12, Public, 0.61 km
Subway Academy II
9-12, Public, 0.67 km
Contact Alternative School
9-12, Public, 0.69 km
City School
9-12, Public, 1.55 km
St Joseph's College School
9-12, Catholic, 1.74 km
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