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    For Sale - 359-363 Spadina Avenue, Toronto, Ontario

    Est payment $49,470/mo
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    Views   1
    Time on Jump  95 day

    AI Summary *

    • Mixed-use property with stable rental income from established ground-level tenants.
    • Upper-level apartments offer consistent occupancy and cash flow.
    • Located in a vibrant area with high pedestrian and vehicular traffic.
    • Excellent transit access near cultural, shopping, and entertainment hotspots.
    • Potential for a 60-unit apartment development to increase long-term value.




    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.
    Listing IDC12402916
    Address359-363 Spadina Avenue
    CityToronto, Ontario
    Price$9,980,000
    StyleCommercial Retail
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype Commercial RetailCommunity Features Public TransitBasement 1Heating / Cooling Electric Forced Air

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    Listing Agency:  RE/MAX ATRIUM HOME REALTY
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    359-363 Spadina Avenue
    Toronto , Ontario
    $9,980,000
    Get more info