359 SPADINA AVENUE
Toronto (Kensington-Chinatown), Ontario
MLS® C14106828
$6,500,000
- Status
- Active
- Property type
- Retail
- MLS® number
- C14106828
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
Listing description
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 U oT which is host over 60. 000 students makes high value for the property.
Property summary
- MLS® number
- C14106828
- Property type
- Retail
- Size
- 15,000 sq ft
- Land size
- Bldg=45 x 140 FT
- Annual property taxes
- $85,571.64
- Days on market
- 17 days
Features & details
- Heating
- Forced air
- Cooling
- None
What would this home cost you?
Based on the $6,500,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of RE/MAX ATRIUM HOME REALTY, MARKHAM.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.