380 Spadina Ave

Toronto C01 | Kensington-Chinatown | M5T 2G5
  • 3400.0 sqft
  • 0 gar

$2,298,000

Est. Mtg $7,792 /mo
  • Days on market

    1

  • Status

    A

Listing Broker FOREST HILL REAL ESTATE INC.
Since listed: 0 views

Home details

MLS #:

C11228323

Property type:
Commercial/Retail
Style:
Taxes:
$27,852
Possession:
To Be Arranged
Condo Fee:
Lot Size:
17.08 X 91.0
Zoning:
R(d1*175), CR2.5 (c2;r2*1865)
Use:
Heat:
Gas Forced Air Open

Description


380 Spadina Ave, , Toronto, Ontario is a Commercial/Retail property in Toronto C01 and in the Kensington-Chinatown community in the M5T 2G5 postal code


Prime 3-storey mixed-use investment opportunity on bright West side of Spadina Ave. Quality ground floor retailer with secure Lease (4 years remain) offers steady income stream + 2 recently renovated residential apartments on 2nd & 3rd floors. 2nd floor apartment vacant & 3rd floor apartment is M2M quality tenant. Fully leased this building generates over $11,350 per month or $136,200 annually in gross income. Recent 2023 upgrades to residential apartments include: vinyl flooring, new paint, new windows and skylights, laundry, new electric light fixtures, tile floors in washrooms, new furnace, & new building sewer line. This property offers high pedestrian & vehicular traffic and is steps to Kensington Market, the AGO, U of T, Chinatown, TTC access & quality retail. Development upside through potential future assembly of nearby properties & asset appreciation with future Ontario Line station at Queen & Spadina..

Extras

Reach out to listing agents for income, tenant's rental terms & more info.



Payment calculator

$10113 monthly. In association with: TD Bank
%
  • Principal and Interest
    7792 /mo
  • Property Taxes
    $2321 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Gerry Crokidas, Realtor

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