Added 3 weeks ago
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Type: Store W/Apt/Office
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Property Type: Commercial
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Zoning: CR2.5 (c2;r2) *1
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Age: No Data
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Taxes: 23591.23
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MLS®#: C8189998
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Days on Site: 3 Days
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Added: Apr 02, 2024 (3 weeks ago)
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Updated:
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Last Checked: 3 hours ago
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Listed By: BOSLEY REAL ESTATE LTD.
Opportunity knocks with VACANT POSSESSION at closing! Welcome to an extraordinary investment opportunity on iconic Spadina Ave in the heart of Toronto. This property suits both owner-operators & savvy investors to capitalize on immense potential for renovation, development and significant upside. Recent updates include new roof & 3rd floor patio (2022), basement sprinklers & main floor alarm system. With over 1000sqft of vacant retail space plus additional storage in the basement, along w over 1600sqft for the residential apartment, the property presents a blank canvas that can be transformed into a modern space allowing any operator/investor to maximize returns. The property features parking for up to 4 vehicles & the versatile layout of the top two floors allows for the division of the residential apartment back into 2 separate units. Whether you're an owner-occupier or investor looking to add to your portfolio, this property in one of Toronto's landmark neighbourhoods is a great addition. Steps to TTC, Subway, U of T, Gardiner & more!
Property
Status: Sale
Property Type: Store W/Apt/Office
Property Type: Store With Apt/Office
Area: Toronto
Community: Kensington-Chinatown
Availability Date: TBD
Inside
Air Conditioning: Part
Utilities
Utilities: Yes
Building
Basement: Y
Heat Type: Gas Forced Air Open
Elevator: None
Freestanding: Y
Water Supply: Municipal
Parking
Garage Type: None
Covered Parking Spaces: 4
Fees
Tax Year: 2023
Tax Legal Description: PT LT 6 PL 99 TORONTO AS IN WA84096; CITY OF TORONTO
Taxes: $23,591
Taxes Type: Annual
Land
Cross Street: College & Spadina
Municipality District: Toronto C01
Parcel Number: 212350155
Sewer: Sanitary
Lot Depth: 100 Feet
Lot Frontage: 16.41 Feet
Zoning: CR2.5 (c2;r2) *1
Additional Media
- Virtual Tour: https://www.elitepropertiestoronto.com/420spadina
Commercial Specific
Retail Area: 1012
Retail Area Metric: Sq Ft
Total Area: 2665
Total Area Metric: Sq Ft
Office Size: 1653
Office Size Metric: Sq Ft
Lot Code: Lot
Downtown Vocal Music Academy of Toronto
Elementary: Publicda Vinci School
Elementary: PublicBeverley School
Elementary: PublicKensington Community School School Junior
Elementary: PublicLord Lansdowne Junior and Senior Public School
Elementary: PublicRyerson Community School Junior Senior
Elementary: PublicOasis Alternative
Secondary: PublicSubway Academy II
Secondary: PublicHeydon Park Secondary School
Secondary: PublicContact Alternative School
Secondary: PublicSt Joseph's College School
Secondary: CatholicCentral Technical School
Secondary: Public
- 0 bath
- 0 bed
1302/-130 Queens Quay East, Toronto, Ontario • M5A 3Y5 • Waterfront Communities C08
