380 Spadina Avenue, Toronto Kensington Chinatown
- Bathrooms: 3
- Living area: 3400 square feet
- Type: Commercial
- Added: 7 days ago
- Updated: 7 days ago
- Last Checked: 1 days ago
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.
Property DetailsKey information about 380 Spadina Avenue
- Heating: Natural gas, Other
- Building Area Total: 3400
Interior FeaturesDiscover the interior design and amenities
- Appliances: Washer, Refrigerator, Stove, Dryer
- Living Area: 3400
Exterior & Lot FeaturesLearn about the exterior and lot specifics of 380 Spadina Avenue
- Water Source: Municipal water
- Lot Size Dimensions: Bldg=17.08 x 91 FT
Location & CommunityUnderstand the neighborhood and community
- Directions: Spadina & Baldwin
Tax & Legal InformationGet tax and legal details applicable to 380 Spadina Avenue
- Tax Annual Amount: 27852.26
- Zoning Description: R(d1*175), CR2.5 (c2;r2*1865)
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