388 Spadina Ave

Toronto C01 | Kensington-Chinatown | M5T 2G5
  • 3416.0 sqft
  • 0 gar

$3,890,000

Est. Mtg $13,190 /mo
  • Days on market

    11

  • Status

    A

Listing Broker METROPOLITAN COMMERCIAL REALTY INC.
Since listed: 0 views

Home details

MLS #:

C9366647

Property type:
Commercial/Retail
Style:
Taxes:
$48,213
Possession:
TBD
Condo Fee:
Lot Size:
18.0 X 99.0
Zoning:
CR 2.5 (c2.0; r2.0) SS2 (x1865)
Use:
Heat:
Gas Forced Air Closd

Description


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


Metropolitan Commercial Realty Inc. is pleased to present the offering of 388 Spadina Ave, a unique opportunity to acquire an institutionally managed, fully-occupied property with strong contractual rental income from notable tenants, including one of Toronto's most popular Chinese restaurants. Located in a high-traffic corridor just steps from the intersections of Spadina Avenue & College Street and Spadina Avenue & Dundas Street West, this property enjoys substantial pedestrian, vehicular, and transit exposure. The surrounding area features the University of Toronto, Kensington Market, and many cultural and tourist destinations, providing consistent foot-traffic in the area. 388 Spadina Avenue, is located in a node experiencing significant growth and intensification, further bolstering foot traffic and retail demand. The Property is well-positioned to benefit from long-term value growth for years to come, including the potential for a development assembly along this block..

Extras

The total building area is 5,027 Square Feet. 3,416 SF Above Grade, Plus 1,611 SF of basement space. Basement is currently used by the main floor tenant for storage, including a walk in Cooler..



Payment calculator

$17208 monthly. In association with: TD Bank
%
  • Principal and Interest
    13190 /mo
  • Property Taxes
    $4017 /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

Gunpreet Kochar, Realtor

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