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359-363 Spadina Avenue Toronto (Kensington-Chinatown), Ontario M5T 2G3

15000 sqft
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:41954)

Property Details

MLS® Number C12402916
Property Type Retail
Community Name Kensington-Chinatown
Amenities Near By Public Transit

Building

Heating Fuel Electric
Heating Type Forced Air
Size Exterior 15000 Sqft
Size Interior 15000 Sqft
Utility Water Municipal Water

Land

Acreage No
Land Amenities Public Transit
Size Depth 140 Ft
Size Frontage 45 Ft
Size Irregular Bldg=45 X 140 Ft
Size Total Text Bldg=45 X 140 Ft
Zoning Description Commecial And Residential

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

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