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

    Est payment $47,923/mo
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    Views   1
    Time on Jump  197 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

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    359-363 Spadina Avenue
    Toronto , Ontario
    $9,980,000
    Get more info