• Type: Commercial/Retail
  • Age: -
  • Days Listed: 31
  • Last Updated: 1 month ago

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Rafal Starmach, Sales Representative

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

Facts
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
Property
Status:Sale
Type:Q.
Type:Retail Store Related
Property Type:CommercialProperty
Property Type:Commercial/Retail
Property Type:Retail
Community:Kensington-Chinatown
Availability Date:Flexible
Inside
Bathrooms:2
Air Conditioning:Y
Building
Basement:N
Heat Type:Gas Forced Air Closd
Elevator:None
Freestanding:N
Water Supply:Municipal
Parking
Garage Type:Underground
Fees
Tax Year:2020
Tax Legal Description:Unit 15, Level 1, Metropolitan, Toronto Condo
Taxes:12734
Commercial Condo Fees:2745
Taxes Type:Annual
Land
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
Media
Virtual Tour:https://mediatours.ca/property/188-spadina-avenue-toronto/?access_token=556f1ffa773078f9c765308f0402
Commercial Specific
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
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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For property value of $2,649,888 and downpayment of 20% ($529,978), your mortgage will be $8,976.79

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